Strategic problem solving is a critical business skill, for both management and front-line workers. For management, a large portion of strategic problem solving involves predicting problems that ...

For example, management may be tempted to not act in the best interest of shareholders. ... Real-World Example of an Agency Problem . In 2001, energy giant Enron filed for bankruptcy.

Coca-Cola provides a good example of how organizations can use creative problem-solving to maneuver around significant challenges. Facing severe port congestion and rising freight costs, the ...