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By utilising critical thinking ability at every level, leaders can comprehend the impact of their decisions on the overall business of an organisation.It also helps to stay aligned with the organisational goals and be accountable for the outcome.The million dollar question that emerges here is that what kind of thinking or re-thinking is required from the leaders if they wish to be successful in the so-called ‘new normal’? According to Diane Halpern, when you utilize your cognitive skills or strategies that are likely to increase the probability of the desired outcome, it is considered as critical thinking.
One of the skills I’m trying to hone are my critical thinking skills.
I majored in civil engineering and have been formally trained on the process of solving complex problems.
For instance, organisations that folded in the GFC are classic examples of what’s the outcome when decisions are based on partially false, erroneous, or incomplete information when the prevailing management fails to think strategically and clearly regarding the implications of its actions.
As an outcome of the fall-out, it ended the way business was done as usual and led to the creation of what came to be known as the ‘new normal’ which was quite different and people had never seen this kind of strategy before.
She suggests that it’s better to say there’s a certain percent chance of something happening versus giving a definitive yes or no.
Some skeptics have criticized Duke and other poker players because they consider poker a game of chance and not a game of skill. However, there is a high level of skill needed to play the game effectively, one of which is understanding how to quickly apply probabilities to give yourself the greatest opportunity to succeed.
Short-sighted decisions are risky and are not in your best interest.
Being a critical thinker doesn’t mean you uselessly over-analyze menial decisions.
If you reach a point where you feel you’ve considered all the possible outcomes, ask someone you respect for their opinion to gain an additional perspective.
Each person has a different way of thinking about things and if you want to improve your critical thinking skills, gather as many intelligent opinions as you can. Thinking critically forces you to consider first, second, and third order consequences of your decisions.