Physicist Albert Einstein famously posited that if he only had an hour to crack a daunting problem, he’d devote 55 minutes to understanding it and only five minutes to crafting a solution. Einstein ...

Benito Piuzzi is the COO of Lakeview Loan Servicing and former McKinsey consultant where he specialized in large-scale transformations. Problem-solving is a core competency needed in any business to ...

Bill Gates, the co-founder of Microsoft Corporation (NASDAQ: MSFT), shared his approach to solving problems, including those related to his philanthropic projects.

Identifying and resolving pain points is fundamental to launching successful businesses. Customer validation and market analysis are critical steps toward understanding if a problem is worth solving.

Two critical yet frequently conflicting objectives for logistics and transportation service companies are improving customer satisfaction and reducing transportation cost. In particular, given a ...