1. In the development of a problem statement, what are some components you consider important as you identify the real causes of a problem?
2. . How would you describe a problem in a way that is clear to the management team that will be evaluating the OIP?
3. Why is it important to keep your audience in mind as you determine what level of information and detail is appropriate?
4. What role does the cost-benefit relationship play as you frame the problem and propose opportunity?
The sharp fall in the value of famous vehicle manufacturer, Toyota, products and share prices in the beginning of 2010 were caused by the continuous quality issues identified in its cars. This, I believe, was the results of the following components
