Critical Thinking in Business

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What Are the Benefits of Critical Thinking in the Workplace?

By creating an account, you agree to Study. Explore over 4, video courses. Find a degree that fits your goals. This lesson explains creative and critical thinking and shows the importance of both in business. Start Your Free Trial Today. An error occurred trying to load this video. Try refreshing the page, or contact customer support. You must create an account to continue watching. Register for a free trial Are you a student or a teacher?

Critical Thinking & Business: Think for Yourself

I am a student I am a teacher. It only takes a few minutes to set up and you can cancel at any time. What teachers are saying about Study. Fostering Creativity in the Workplace. Are you still watching? Your next lesson will play in 10 seconds. Add to Add to Add to. Want to watch this again later? Creativity in Decision Making: Common Barriers to Critical Thinking.

What is Critical Thinking? What Is Contingency Planning in Business? What Is B2B Marketing? What Is Collaboration in the Workplace? What Is a Market Segment?


  1. 1. Name the situation.?
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Developing Strategic Thinking in Business. Providing High Quality Customer Service.

Making Decisions

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  • Effective Communication in the Workplace: UExcel Principles of Marketing: Information Systems and Computer Applications: Savannah Samoszuk Savannah has over eight years of hotel management experience and has a master's degree in leadership. Businesses are aware that the need for creative and critical thinking is essential to their success. Making Decisions In our daily and professional lives, we make hundreds, if not thousands, of decisions.

    Critical Thinking for Business - Online Course - iversity

    Creative Thinking Defined Think about a time when you were stumped with what to do in a situation. Creative thinking requires four main processes: Critical Thinking Critical thinking , on the other hand, is a more analyzed and objective way to think about a problem. Want to learn more? Select a subject to preview related courses: Both Kinds of Thinking in Business Both creative and critical thinking are essential in the success of a business.

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    What best describes you? Critical thinking helps individuals look at situations from multiple sides, and then imagine several different ways to respond. This open process of thinking introduces ideas and solutions that expand the opportunities for success. One of the main reasons businesses don't embrace critical thinking as an essential part of their organization is that they feel they are just too busy.

    The focus on day-to-day operations and profit growth takes priority over implementing this soft skill. But companies that develop this skill can see an increase in teamwork and productivity, and a reduction in conflict. These long-term benefits outweigh the time invested in fostering the skill. You can incorporate activities into the workday that integrate critical thinking without using external training programs.

    Is Your Team Missing This Important Business Skill?

    Here is a problem-solving process for team building that expands the use of critical thinking for your employees. When you name the situation, you present a single discussion point that everyone in the discussion can identify. This statement can be written on a whiteboard as a visual prompt so that everyone in the team keeps the focus on the point, redirecting the discussion to the focal point when the topic shifts.

    Critical thinking involves keeping an open mind about situations. You help participants remember the goal of the group by naming the situation.

    Individuals

    Brainstorming takes place during this part of the process. There is nothing outside the realm of possibilities at this point in the discussion. When you open the conversation to unlimited options, you expand thinking beyond one person. The ability to expand your thinking offers the conversation many possible solutions that you may not have considered without the expression of thoughts and opinions.

    Make sure that all potential solutions discussed during this time stay on task for the situation that has been named in step one. Critical thinking includes the ability to keep an open mind to other considerations and viewpoints without losing track of the end goal. You expand the discussion to see new options and also stay on task by identifying multiple opportunities. Everyone in the team needs to agree with at least one of the three options.

    Individuals who can find a compromise and create solutions from many perspectives are better able to bring a team together. Critical thinking skills offer the ability to look at situations rationally without judgments of good and bad or wrong and right. You help keep a rational discussion in place when you bring consensus to a few intentionally chosen solutions.

    Make a final choice that offers the best chance of success based on the rational discussion about the situation. Review this choice in relation to how well it solves the designated problem. Critical thinking skills help individuals use a more systematic way to come to conclusions.