
What is a problem?
A problem is an unwanted situation or challenge that prevents your organization from achieving its goals. Within ICR, we view a problem as the result of an underlying risk that has materialized. In other words, a problem arises when a risk becomes reality and causes harm in some way. Problems can range from operational inefficiencies and strategic obstacles to market changes and compliance issues.
ICR Troubleshooting helps organizations identify, understand, and resolve the root causes of the problems they face. By viewing problems as the consequences of underlying risks, we enable organizations to trace issues back to their sources and implement targeted, sustainable solutions. In this context, risks are also referred to as risk events.
In practice, a problem often has multiple causes. For an organization, pinpointing the exact issue can be difficult. Several things may be going wrong simultaneously, compounding the problem. A problem is the actual impact of a risk that has become reality—it is a tangible issue that the organization must address.
However, problems also reveal opportunities for improvement. By analyzing and solving problems, an organization can operate more efficiently and effectively. In fact, many innovations emerge as responses to problems, as organizations are forced to develop creative solutions.
By identifying and addressing problems in a timely manner, organizations can prevent major damage or crises. Moreover, solving problems can open up new market opportunities and strengthen competitive positioning.
By effectively identifying and managing risks, organizations can reduce both the likelihood and impact of problems. Companies that handle problems well develop a stronger organizational culture and become more agile in responding to market changes.
General applications of the ICR Online Business Software
Sustainable success through manageable and controlled growth
The ICR online business software helps entrepreneurs and organizations find balance and peace, through manageable and controlled growth, with the goal of a healthy organization and sustainable success. We do this through the all-encompassing ICR cycle.
Choose our successful approach and start your process to go from ambition to result with the ICR Ambition Refresher!
The comprehensive ICR cycle