Analogies Skyrocket You to a Solution

Quick Insight

Using analogies helps you better understand and solve problems. You can take the core of a familiar problem and find new ways to solve it. Describing problems and solutions with analogy makes them more compelling.

Using analogies helps you better understand and solve problems. Kevin Dunbar studied four laboratories to learn how the best scientific teams solve problems. The teams that used analogies did best. They identified the core of the current problem and found how others had solved it.

Analogies make the strange familiar and the familiar strange. It forces us to look at everyday problems from a fresh perspective. That new perspective may lead us to the answer to a similar problem that may work for our problem.

Analogies are powerful in group discussions because they are stories. Analytical types stick to data. People are moved to action by stories. We understand through stories. You can make your ideas more compelling through story and analogy.

I wish you clarity and creativity that compels your team to make better decisions. I wish you well.

- Rob Stephens
Founder of CFO Perspective and the Finance and Strategy Toolkit (FAST)

Further Insight

CFO Perspective Resources

  • Course: Behavioral Finance: Better decisions come from good analysis and good decision processes. Learn these processes.

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