Root Cause Analysis RCA Methods and Tools For Business Leaders
There are a number of methods or tools you can use to conduct root cause analysis. Which one is best for you may depend on your business. Improve your business decision-making processes.
Risk Assessment examples include :
- Fishbone diagrams
- 5 Whys and a How
- Pareto Charts
- Affinity diagrams
- and there are more …
You use root cause analysis to identify risks, assess why it happen and then decide what to do to reduce the likelihood of it happening again. Use the tools find cause and effect but then find the roots of each contributing risk factor.
What is root cause analysis
It is a method that can be used by business leaders to solve business problems by identifying the faults or problems that are affecting business performance.
Use root cause analyse for troubleshooting when you need to get to the nub of the problem to enable risk control action to be taken to fix the fault permanently.
Root cause analysis strips out layers of risk event causes and effects to find out what is the true reason for business process or business system failure that results in a business achieving its goals and objectives.
Root cause analysis looks at the highest, most obvious, level of the problem to then identify the root cause or proximate cause of the risk event.
Learn root cause analysis steps to inform business decision-making
Use root cause analysis to help you improve your business practices from an analysis of where you have been going wrong in the past. Start with your business failures and arrive at the true proximate or root cause of the failure. The you can fix the problem once and for all rather than constantly fixing side issues with your business processes or business system.
Recommended Further Reading
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