Critical thinking is the capacity to analyse a problem, clearly comprehend it from all dimensions before taking the necessary action. It helps the business person to separate facts from assumptions and opinions (Kreitzberg & Kreitzberg 2009). A person who uses critical thinking is able to understand the implications of each action he may take in an attempt to solve a problem. Critical thinking helps one to take appropriate action effectively and economically. Critical thinkers step back to review a previous action, reflect on it and re-evaluate it to produce better results.
Recent studies have shown the importance of cultivating critical thinking in the work-force of an organisation. They also show that it is difficult to get, hire and keep good critical thinkers. It is therefore the role of the companies to develop this trait in their workforce as it is necessary for the competitive nature of business(Fisher 2001).
Critical thinking is very important in a business as it advances the thinking process and consequently leads to a better interpretation and evaluation of the assumptions. Critical thinking helps us to come to a seasoned conclusion, having fully understood the consequences. All the applicable consequences are considered hence avoiding the influence of bias among people (Kreitzberg & Kreitzberg 2009).
Critical thinking has a great and very important impact on decision making when solving problems and issues. In this respect, critical thinking offers a valid method to measure all possible solutions in the light of the available evidence. The significance of the hypotheses and evidence, and their association to the main issue is identified. In this way, critical thinking enables the problem solvers to reach the best solution with a good level of confidence (Kreitzberg & Kreitzberg 2009).
In relation to decision making, creative thinking plays a very important role when situations call for innovative decisions. In this respect, the two processes can work alongside each other. Creative thinking helps to identify new ideas while critical thinking helps to test each of the new ideas identified. Critical thinking gives the same level of thinking to every hypothesis and then determines the best idea. This ensures that all possible solutions are considered equally. Critical thinking and creative thinking, when used together are able to change problems and create new opportunities from them (Fisher 2001).
Whenever people require investigating a problem, critical thinking comes to play. People at all levels in an industry require solving problems in their regions of proficiency. Most decisions require immediate action and are therefore made without much thinking. Critical problems can however negatively impact a business if poor decisions are made. To eliminate this risk, decisions should be carefully weighted, reasoned and proved before being made. Critical thinking also motivates teamwork as every idea is properly studied before it is discarded (Fisher 2001).
critical thinking leads to well-reasoned decisions through teamwork and
application of the various skills available to a company. It can be used and
applied in different contexts especially whenever different solutions are
provided for one problem. In the work place, critical thinking and creative
thinking, although different, can be used together whenever an innovative
solution is essential. Critical thinking promotes better results, teamwork and
fewer mistakes at the work place.
Fisher, A. (2001) Critical thinking: An Introduction. Cambridge. Cambridge University Press. Online via Kaplan elibrary at the University of Cambridge http://assets.cambridge.org/052100/9847/sample/0521009847ws.pdf
Kreitzberg A., P., & Kreitzberg C., B. (2009). Critical thinking: A business survival skill of the 2st century. New Jersey, USA, Pearson Talentlens group.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more