The role of critical thinking in business management

This paper focuses on reflection, interaction, and feedback, not only to reinforce learning, but to raise learning to higher levels of critical reflective thinking. It demonstrates the value of interaction and learning communities to enhance quality and effectiveness of online learning, especially in problem solving and critical thinking skills. The Role of Critical Thinking in the Online Learning Environment Kelly Bruning Abstract Research indicates that critically reflective learning provides students with an opportunity to evaluate concepts learned and apply them to their experiences, contemplating its affect on future learning.

The role of critical thinking in business management

Interpretation Evaluation of arguments Professionals with high scores in these sub-tests are able to identify and examine the assumptions, influences and biases that might sway them. They stand back from the fray and strategically assess the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.

They make business decisions that answer the right questions, solve the right problems, mitigate risk and improve productivity. They also lead from a position of strength, being able to motivate and move people both inspirationally and intellectually by providing solid reasons for actions.

Whether they lead teams, departments or entire enterprises, leaders who apply the skills of critical thinking to their roles perform at a higher level and offer their organisations a distinct competitive advantage. Critical thinkers think differently about their impact on the organisation - understanding how their decisions and actions influence business both inside and outside their narrow functional silos.

These leaders are able to balance department or team issues with broader company issues and embrace a larger responsibility for the success of the organisation. This keen sense of accountability is what enables them to execute for results now while fulfilling their obligations to positively impact the future.

Leaders who engage in critical thinking also understand the total organisation and how the individual parts work together. Now more than ever, business acumen is foundational to effective leadership. It is impossible to apply critical thinking skills to the business of making money without an understanding of the business drivers that connect day-to-day decisions and actions to key financial and strategic performance goals of the organisation.

It is altogether another thing to understand how to set direction and directly affect the outcomes. Critical thinking is big-picture thinking too. As Hagemann describes it, "Leaders need to be able to comfortably climb to the 30,foot view and analyse a dynamic system, while simultaneously and adeptly analysing information to quickly make decisions across levels.

They recognise the difference between short-term gains and sustainable, long-term results and lead accordingly. The advantages of this kind of leadership behavior are readily apparent. Critical thinking enables leaders at every level to understand the impact of their decisions on the business as a whole and ensures both alignment with organisational goals and accountability for results.

And this disconnect is likely to intensify over time. To accelerate development and raise leadership accountability to a whole new level of awareness and action, there needs to be a new emphasis on critical thinking in leadership development.

According to Halpern, "There is a large body of evidence showing that people can learn to think better. Of course, education makes us all more intelligent, but critical thinking is more focused.

The role of critical thinking in business management

Everyone can learn to recognise and use the skills of critical thinking, and we can always get better. The challenge today is not to discard what has been learned in the past, but to build upon traditional competencies with a whole new and more complex set of skills, tools and sensitivities.

Leaders in the new normal need to learn how to be discerning, how to think clearly and wisely, and how to be accountable for their impact on the business.

Discovery learning in leadership courses Critical thinking can be impacted by the right leadership courses. Success is demonstrated in results. As with any skill, intellectual or otherwise, the key to building critical thinking - and achieving successful results - is practice.

Research has demonstrated that people learn best when they are actively involved in the learning process and engaging in the behaviours they want to learn.

Acquiring critical thinking skills requires participating in learning experiences that force you to consider new ways of thinking about and acting within complex situations that are directly related to the work you do. Developing your critical thinking skills In addition to participating in these types of leadership courses, leaders can take charge of their own critical thinking development by taking these actions: Get some feedback about your critical thinking skills from a trusted boss, colleague or coach Are you jumping to conclusions or using a reasoned, analytic process as you work toward a goal?

Are you able to put aside biases and assumptions during analysis and decision-making? What kind of "thinker" are you perceived to be and why? Are you making decisions that are aligned with this understanding? Is your knowledge of the business strong enough to drive behaviour and to engage teams and employees?

Use multiple sources of data to form an "information web" before making a decision or forming a conclusion Are you asking a lot of questions? Identifying stakeholders and their issues and opinions? Separating facts from assumptions? Are you using the Internet as "one" source of information rather than "the" source?

Can you analyse information from different perspectives and viewpoints? Are you aware of the distractions getting in the way of your thinking time and taking action to minimize these distractions? Are you finding time and space to let your mind focus and reflect on important issues?

Ask for input, critique and opinions from others as you analyse alternatives Are you checking tentative conclusions with others? Using peers, coaches or mentors to critique your thinking process? Are you willing to open your mind to other ideas or alternatives?How to Think Critically.

Developing your critical thinking skills will help you become a valued member of any team—at work, at school, or anywhere that solid decision-making skills are needed. © HeadScratchers, LLC Critical Thinking for Problem Solving and Decision Making 1.

Business and Professional Groups

Abstract: A perspective of a redesigned, reformed and transformed business design professional. The author shares her journey, experience, progress, and point of view on today's often discussed "design thinking or building a design-led innovation culture.". The Role of Critical Thinking in Business Management could have used critical thinking and adjust the personnel to fill in the position for the missing personnel to cover down on the events.

Management ignored the requirement for the events and told his counterpart that they will have to cover down on the event, even though he fell short in. Critical thinking is an important skill for business success, but many employees, and even leaders, lack it.

Here's how to get better at it. Critical Thinking Means Business: Learn to Apply and Develop the NEW #1 Workplace Skill By Judy Chartrand, Ph.D., Heather Ishikawa, MA, & Scott Flander.

Business Process Management Professional Curriculum | BPTrends Associates