<ul><li>A concise description of an issue that negatively impacts an organization is called a business problem statement.</li><li>The Work is reframed as a problem that needs to be solved rather than a solution such as a feature(s) to build.</li><li>A good Business Problem Statement comprises 4 key elements.</li><li>The first element decides the Why (Goals).</li><li>The second element is about Real Data, Real Problems (Observations).</li><li>The third element is about the right people, Users/Stakeholders(Who).</li><li>The fourth element focuses on the consequences of ignoring the problem (Impact).</li><li>Business Problem Statements have various benefits.</li><li>Business Problem Statements help in gaining a deeper understanding of business/user's pain points, which results in solutions that better meet actual needs.</li><li>A few tips to craft feasible Business Problem Statements are: involve the complete team, avoid ‘Jumping to Solutions, Select the Right Level, Continuous Refinement, and Focus on the ‘Why.</li></ul>

How To Create Business Problem Statements

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