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 ...

The "knapsack problem" is a widespread computing challenge—and no, it doesn't have to do just with literal backpacks. golubovy / iStock Imagine you’re a thief robbing a museum exhibit of tantalizing ...

A problem statement is a powerful tool that helps businesses ask the right questions. Used properly, it can lead to efficient solutions and make problem-solving feel like a breeze. Done poorly, it can ...

Have you been asked at work or school to create a problem statement and include a proposed solution, but you don’t know where to start? Continue reading for everything you need to know about problem ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. David Kindness is a Certified Public ...

Solving problems isn't just good for math tests and jigsaw puzzles. The skill could land you your dream job. In fact, a 2019 survey of more than 3,000 employers found that more than 91% of employers ...