Problem Solving like an Entrepreneur Darcy Wilborn i2E, Inc. dwilborn@i2e.org May 30, 2024
Introductions
Defining the Problem
Selecting the Problem
Solving the Problem
Agenda
Introductions
Who is leading a nonprofit currently (including staff)?
Who is currently serving on a nonprofit Board of Directors?
Who is working for a for-profit organization (consultant, ancillary services, board member, etc)?
Who is a volunteer?
About i2E
501(c)(3) to help innovators & entrepreneurs build, launch, and grow scalable, techbased companies.
Founded when Oklahoma legislature created the Oklahoma Technology Commercialization Center in late 1990s
Assist startups by providing guidance, helping them secure funding, and making thoughtful investments.
2. Student Entrepreneurs
3. Corporate Innovation
4. Investment Returns through Plains Ventures
Four Pillars of Focus: 1.
Entrepreneurs
About me…
Vice President of Operations at i2E, Inc.
Consulted with 250+ startup companies through 6-week E3 Bootcamp since 2015
Prior job: New Product Development Engineer at L'Oréal Cosmetics
B.S. in Biomedical Engineering and double major in Chemical Engineering from Washington University in St. Louis
MBA from The University of Oklahoma Gene Rainbolt Graduate School of Business
What is a “solution-based culture”?
Is a Solution-Based Culture good?
Pros
Sorts out the “doers” from the “complainers”.
Empowers teams to solve and implement their own solutions without permission or guidance from management.
Spurs individuals to seek resources and take action without slowing down decision-making with bureaucracy.
Cons
Teams or individuals only ask questions they can answer.
Important problems are buried or covered with a band-aid
Challenges can be hidden from leaders until they become a three-headed monster that could have been solved earlier.
What do for-profit companies do when problems snowball?
They pay!
What do nonprofit organizations do when problems snowball?
Suffer?
What do entrepreneurs do when they find problems?
Innovate!
Case study: Cost of “solution-based” culture
Most nonprofits are short of funds and people
If a nonprofit brings in a consultant, it needs to be a good use of time and funds.
So how do we keep staff empowered and solution-oriented but help them disclose problems they cannot solve alone?
Compassion and an Open Mind
Approach problem-disclosure not as personal or team-failure, but as an opportunity to get others involved
Decide as a team which problems are worth solving
Make room for mistakes, failure, bad brainstorming
You must decide when there is time & budget for experimentation and failure, and when the status quo must be maintained
Case Study
Balancing “problem identification” with discussing problems all-the-dang-time
Steps to collecting problems
Individual, as a team, etc
Quarterly brain dumps on note cards
Weekly or monthly individual check-in
Words of Caution
You don’t want to create a culture of “complainers”, so there needs to be balance
Create a structure upfront and communicate to staff and volunteers:
What is the medium in your organization to collect problems, challenges, suggestions for change?
How will you review these challenges once a month or once a quarter?
What is the decision tree to decide what problems to solve?
Thanks, Darcy
I have 500 identified problems –now what?
Selecting a problem to solve
Once a month or quarter, sort your organization’s problems/challenges/opportunities
What is easy, medium, or hard to solve?
What is expensive or inexpensive to solve?
If you are visual learner, make a priority grid
2x2 Priority Grid
Easy Hard Inexpensive Expensive 1 month 3 month 6 month
Some solutions are not easy nor obvious
Select one problem per quarter that will take more research or testing to solve
Assign 2-3 staff to manage the “problem solving project” and starting researching and interviewing outside resources who may have insight.
Treat problem solving like a scientist – develop a “best guess” and test it!
I thought this day was about Innovation
–
where is the AI?
I’m so glad you asked!
Case study: Implementing AI tools in a highly confidential organization
Final thoughts
Entrepreneurs treat existing problems as opportunities to innovate
Problem-solving is a well-known science of testing hypotheses
Bringing organizational issues and challenges to the forefront usually takes a culture shift and leadership with ego strength.
In this post-pandemic, AI world, we should be asking questions even when we do not know the answer. The only path is through.
Thank you!
i2E, Inc. dwilborn@i2e.org
Darcy Wilborn