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Why Critical Thinking Matters in Your Business

Critical thinking should become a second-nature skill for leaders and employees across your organization.

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Many professionals hope to pursue careers they’re passionate about so they can find joy and meaning in their work. Caring deeply about your work is vital for engagement and productivity, but balancing emotions with critical thinking is essential in the workplace. 

When employees engage in critical thinking, they use an independent, reflective thought process to evaluate issues and solve problems based on knowledge and objective evidence. 

Critical thinking skills can guide your organization toward success, but to truly maximize the problem-solving benefits of critical thinking, it’s crucial to teach this skill to your entire team. We’ll explore critical thinking skills and how to teach them in the workplace to help your business improve its decision-making and problem-solving. 

What is critical thinking?

Jen Lawrence, co-author of Engage the Fox: A Business Fable About Thinking Critically and Motivating Your Team , defines critical thinking as “the ability to solve problems effectively by systematically gathering information about an issue, generating further ideas involving a variety of perspectives, evaluating the information using logic, and making sure everyone involved is on board.”

This is a complex definition for a challenging concept. Though critical thinking might seem as straightforward as stepping back and using a formal thinking process instead of reacting instinctively to conflicts or problems, it is actually a much more challenging task.

Critical thinking’s ultimate goal is ensuring you have the best answer to a problem with maximum buy-in from all parties involved – an outcome that will ultimately save your business time, money and stress.

Why is critical thinking essential in the workplace?

A World Economic Forum report revealed that critical thinking is one of the most in-demand career skills employers seek when trying to attract and retain the best employees – and employers believe critical thinking skills will become even more necessary in the coming years. 

Critical thinking in the workplace guarantees objective and efficient problem-solving, ultimately reducing costly errors and ensuring that your organization’s resources are used wisely. Team members employing critical thinking can connect ideas, spot errors and inconsistencies, and make the best decisions most often. 

Employees with critical thinking are also more likely to accomplish the following:

  • Analyzing information
  • Thinking outside the box
  • Coming up with creative solutions to sudden problems
  • Devising thought-through, systematic plans
  • Requiring less supervision

What are critical thinking skills?

Critical thinking is a soft skill that comprises multiple interpersonal and analytical abilities and attributes. Here are some essential critical thinking skills that can support workforce success.

  • Observation: Employees with critical thinking can easily sense and identify an existing problem – and even predict potential issues – based on their experience and sharp perception. They’re willing to embrace multiple points of view and look at the big picture. 
  • Analytical thinking: Analytical thinkers collect data from multiple sources, reject bias, and ask thoughtful questions. When approaching a problem, they gather and double-check facts, assess independent research, and sift through information to determine what’s accurate and what can help resolve the problem. 
  • Open-mindedness: Employees who demonstrate critical thinking are open-minded – not afraid to consider opinions and information that differ from their beliefs and assumptions. They listen to colleagues; they can let go of personal biases and recognize that a problem’s solution can come from unexpected sources. 
  • Problem-solving attitude: Critical thinkers possess a positive attitude toward problem-solving and look for optimal solutions to issues they’ve identified and analyzed. They are usually proactive and willing to offer suggestions based on all the information they receive. [Related article: How to Develop a Positive Attitude in the Workplace ]
  • Communication: When managers make a decision, they must share it with the rest of the team and other stakeholders. Critical thinkers demonstrate excellent communication skills and can provide supporting arguments and evidence that substantiate the decision to ensure the entire team is on the same page. 

What are the benefits of critical thinking in the workplace?

Many workplaces operate at a frantic tempo that reinforces hasty thinking and rushed business decisions, resulting in costly mistakes and blunders. When employees are trained in critical thinking, they learn to slow the pace and gather crucial information before making decisions. 

Along with reducing costly errors, critical thinking in the workplace brings the following benefits: 

  • Critical thinking improves communication. When employees think more clearly and aren’t swayed by emotion, they communicate better. “If you can think more clearly and better articulate your positions, you can better engage in discussions and make a much more meaningful contribution in your job,” said David Welton, managing partner at Grove Critical Thinking.
  • Critical thinking boosts emotional intelligence. It might seem counterintuitive to associate analytical rationality with emotional intelligence . However, team members who possess critical thinking skills are less prone to rash, emotion-driven decisions. Instead, they take time to analyze the situation and make the most informed decision while being mindful and respectful of the emotional and ethical implications. 
  • Critical thinking encourages creativity. Critical thinkers are open to new ideas and perspectives and accumulate a significant amount of information when facing decisions. Because of this, they’re more likely to come up with creative solutions . They are also curious and don’t shy away from asking open-ended questions. 
  • Critical thinking saves time and money. By encouraging critical thinking in the workplace, you minimize the need for supervision, catch potential problems early, promote independence and initiative, and free managers to focus on other duties. All this helps your company save valuable time and resources. 

How do you teach critical thinking in the workplace?

Experts agree that critical thinking is a teachable skill. Both Lawrence and Welton recommend exploring critical thinking training programs and methods to improve your workplace’s critical thinking proficiency. Here’s a breakdown of how to teach critical thinking in the workplace: 

  • Identify problem areas. Executives and managers should assess workplace areas most lacking in critical thinking. If mistakes are consistently made, determine whether the issue is a lack of critical thinking or an inherent issue with a team or process. After identifying areas that lack critical thinking, research the type of training best suited to your organization. 
  • Start small. Employees newly embracing critical thinking might have trouble tackling large issues immediately. Instead, present them with smaller challenges. “Start practicing critical thinking as a skill with smaller problems as examples, and then work your way up to larger problems,” Lawrence said.
  • Act preemptively. Teaching and implementing critical thinking training and methodology takes time and patience. Lawrence emphasized that critical thinking skills are best acquired during a time of calm. It might feel urgent to seek critical thinking during a crisis, but critical thinking is a challenging skill to learn amid panic and stress. Critical thinking training is best done preemptively so that when a crisis hits, employees will be prepared and critical thinking will come naturally.
  • Allow sufficient time. From a managerial perspective, giving employees extra time on projects or problems might feel stressful in the middle of deadlines and executive pressures. But if you want those working for you to engage in critical thinking processes, it’s imperative to give them ample time. Allowing employees sufficient time to work through their critical thinking process can save the company time and money in the long run.

How do you identify successful critical thinking?

Successful critical thinking happens during a crisis, not after.

Lawrence provided an example involving restaurants and waitstaff: If a customer has a bad experience at a restaurant, a server using critical thinking skills will be more likely to figure out a solution to save the interaction, such as offering a free appetizer or discount. “This can save the hard-earned customer relationship you spent a lot of marketing dollars to create,” Lawrence said. This concept is applicable across many business and organizational structures. 

You should also be aware of signs of a lack of critical thinking. Lawrence pointed out that companies that change strategy rapidly, moving from one thing to the next, are likely not engaging in critical thinking. This is also the case at companies that seem to have good ideas but have trouble executing them.

As with many issues in business, company leadership determines how the rest of the organization acts. If leaders have excellent ideas but don’t follow critical thinking processes, their team will not buy into those ideas, and the company will suffer. This is why critical thinking skills often accompany positive communication skills.

“Critical thinking doesn’t just help you arrive at the best answer, but at a solution most people embrace,” Lawrence said. Modeling critical thinking at the top will help the skill trickle down to the rest of the organization, no matter your company’s type or size.

Critical thinking is the key to your business success

When critical thinking is actively implemented in an organization, mistakes are minimized, and operations run more seamlessly. 

With training, time and patience, critical thinking can become a second-nature skill for employees at all levels of experience and seniority. The money, time and conflict you’ll save in the long run are worth the extra effort of implementing critical thinking in your workplace.

Rebecka Green contributed to the writing and reporting in this article. Source interviews were conducted for a previous version of this article.

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To Improve Critical Thinking, Don’t Fall into the Urgency Trap

critical thinking a business

Too often at work, people rely on expertise and past experiences to jump to a conclusion. Yet research consistently shows that when we rush decisions, we often regret them—even if they end up being correct. [i]

Why we hasten decision making is quite clear. We’re inundated with incessant distractions that compete for our attention, and, at the same time, we’re facing profound pressure to go faster and drive our businesses forward, even when the path ahead is unclear.

In the aftermath of information overwhelm, evolving technology, and rapidly changing business environments, people often unconsciously fall into a pernicious paradox called the “urgency trap.”

The Urgency Trap

The urgency trap, which can be defined as the habitual, unbridled, and counterproductive tendencies to rush through decision making when under the pressure of too many demands, is a paradox because it limits the very thing that could help us be more innovative, efficient, and effective: Our critical thinking.

The ability to analyze and effectively break down an issue to make a decision or solve a problem in novel ways is sorely lacking in today’s workforce, with most employers reporting that their employees’ critical thinking skills are average at best. [ii]

The good news? Critical thinking is a teachable skill, and one that any person can learn to make time for when making decisions. To improve and devote time for critical thinking at work, consider the following best practices.

1. Question assumptions and biases

Consider this common scenario: A team is discussing a decision that they must make quickly. The team’s options—and the arguments for and against them—have been assembled, but no clear evidence supports a particular course of action. Under pressure to move fast, the team relies on their expertise and past experiences to rapidly provide a solution. Yet, in the months following their decision, the issues that prompted the original discussion persist, and the team wonders why.

The issue here may be that the team failed to question their own assumptions and biases. Indeed, when we view situations solely based on our own personal experiences and beliefs, we limit our options and provide solutions that are often short-sighted or superficial. [iii] To improve critical thinking skills, we must step back and ask ourselves,

  • “Am I seeking out information that confirms my pre-conceived idea?”
  • “Am I perceiving a past experience as more predictable than it actually was?”
  • “Am I overemphasizing information that comes to mind quickly, instead of calculating other probabilities?”

2. Reason through logic

When presented with an argument, it is important to analyze it logically in order to determine whether or not it is valid. This means looking at the evidence that is being used to support the argument and determining whether or not it actually does support the conclusion that is being drawn.

Additionally, consider the source of the information. Is it credible? Trustworthy? Finally, be aware of common logical fallacies people tend to use when trying to speed up decision making, such as false dilemma (erroneously limiting available options) and hasty generalizations (making a claim based on a few examples rather than substantial proof).

3. Listen actively and openly

When we’re in a rush to make a decision, we often focus more on how we want to respond rather than what the speaker is saying. Active listening, on the other hand, is a critical thinking skill that involves paying close attention to what someone else is saying with the intent to learn, and then asking questions to clarify and deepen understanding.

When engaging in active listening, it’s important to avoid interrupting and instead allow the other person to fully express their thoughts. Additionally, resist the urge to judge or criticize what the other person is saying. Rather, focus on truly understanding their perspective. This may mean practicing open-mindedness by considering new ideas, even if they challenge existing beliefs. By keeping an open mind, this ensures that all sides of an issue are considered before coming to a conclusion.

4. Ask better questions

In an article for Harvard Business Review, John Coleman, author of the HBR Guide to Crafting Your Purpose , writes, “At the heart of critical thinking is the ability to formulate deep, different, and effective questions.” [iv]

To ask better questions, first consider the audience for the question (who is hearing the question and who might respond?) and the purpose (what is the goal of asking this question?). Then, approach queries with rigor and curiosity by asking questions that:

  • Are open-ended yet short and direct (e.g., “How might you help me think about this differently?”)
  • Challenge a group’s conventional thinking (e.g., “What if we tried a new approach?”)
  • Help others reconsider their first principles or hypotheses (e.g., “As we look at the data, how might we reconsider our initial proposed solution?”)
  • Encourage further discussion and analysis (e.g., “How can we deepen our understanding of this issue?”)
  • Thoughtfully follow up on the solution (e.g., “How do we feel about the progress so far?”)

5. Create space for deliberation

The recommendations outlined thus far are behaviors and capabilities people can use in the moment, but sometimes, the best solutions are formulated after consideration. In fact, research shows that a deliberate process often leads to better conclusions. [v] And sleep has even been proven to help the brain assimilate a problem and see it more clearly. [vi]

When issues are complex, it’s important to find ways to resist unnecessary urgency. Start by mapping out a process that allows several days or longer to sit with a problem. Then, create space in the day to formulate in quiet reflection, whether that’s replacing your first thirty minutes in the morning with thinking instead of checking email, or going on a walk midday, or simply journaling for a few moments before bed.

Critical Thinking Cannot Be Overlooked

In the face of rapidly-evolving business environments, the ability to make smart decisions quickly is one of a company’s greatest assets—but to move fast, people must first slow down to reason through pressing issues, ask thoughtful questions, and evaluate a topic from multiple angles.

To learn more about how organizations can enhance their critical thinking and decision-making skills, download the full paper: Who Is Really Making the Decisions in Your Organization — and How?

[i] Grant Halvorson, Heidi, “Quick Decisions Create Regret, Even When They Are Good Decisions,” Fast Company. https://www.fastcompany.com/1758386/quick-decisions-create-regret-even-when-they-are-good-decisions .

[ii] Plummer, Matt, “A Short Guide to Building Your Team’s Critical Thinking Skills,” Harvard Business Review, October 2019. https://hbr.org/2019/10/a-short-guide-to-building-your-teams-critical-thinking-skills .

[iii] Benjamin Enke, Uri Gneezy, Brian Hall, David Martin, Vadim Nelidov, Theo Offerman, and Jeroen van de Ve, “Cognitive Biases: Mistakes or Missing Stakes?” Harvard Business School, 2021. https://www.hbs.edu/ris/Publication%20Files/21-102_1ed838f2-8ef3-4eec-b543-d00eb1efbe10.pdf

[iv] Coleman, John, “Critical Thinking Is About Asking Better Questions,” Harvard Business Review, April 2022. https://hbr.org/2022/04/critical-thinking-is-about-asking-better-questions .

[v] Markovitz, Daniel, “How to Avoid Rushing to Solutions When Problem-Solving,” Harvard Business Review, November 2020. https://hbr.org/2020/11/how-to-avoid-rushing-to-solutions-when-problem-solving .

[vi] Miller, Jared, “Does ‘Sleeping On It’ Really Work?” WebMD. https://www.webmd.com/sleep-disorders/features/does-sleeping-on-it-really-work .

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Critical Thinking

Developing the right mindset and skills.

By the Mind Tools Content Team

We make hundreds of decisions every day and, whether we realize it or not, we're all critical thinkers.

We use critical thinking each time we weigh up our options, prioritize our responsibilities, or think about the likely effects of our actions. It's a crucial skill that helps us to cut out misinformation and make wise decisions. The trouble is, we're not always very good at it!

In this article, we'll explore the key skills that you need to develop your critical thinking skills, and how to adopt a critical thinking mindset, so that you can make well-informed decisions.

What Is Critical Thinking?

Critical thinking is the discipline of rigorously and skillfully using information, experience, observation, and reasoning to guide your decisions, actions, and beliefs. You'll need to actively question every step of your thinking process to do it well.

Collecting, analyzing and evaluating information is an important skill in life, and a highly valued asset in the workplace. People who score highly in critical thinking assessments are also rated by their managers as having good problem-solving skills, creativity, strong decision-making skills, and good overall performance. [1]

Key Critical Thinking Skills

Critical thinkers possess a set of key characteristics which help them to question information and their own thinking. Focus on the following areas to develop your critical thinking skills:

Being willing and able to explore alternative approaches and experimental ideas is crucial. Can you think through "what if" scenarios, create plausible options, and test out your theories? If not, you'll tend to write off ideas and options too soon, so you may miss the best answer to your situation.

To nurture your curiosity, stay up to date with facts and trends. You'll overlook important information if you allow yourself to become "blinkered," so always be open to new information.

But don't stop there! Look for opposing views or evidence to challenge your information, and seek clarification when things are unclear. This will help you to reassess your beliefs and make a well-informed decision later. Read our article, Opening Closed Minds , for more ways to stay receptive.

Logical Thinking

You must be skilled at reasoning and extending logic to come up with plausible options or outcomes.

It's also important to emphasize logic over emotion. Emotion can be motivating but it can also lead you to take hasty and unwise action, so control your emotions and be cautious in your judgments. Know when a conclusion is "fact" and when it is not. "Could-be-true" conclusions are based on assumptions and must be tested further. Read our article, Logical Fallacies , for help with this.

Use creative problem solving to balance cold logic. By thinking outside of the box you can identify new possible outcomes by using pieces of information that you already have.

Self-Awareness

Many of the decisions we make in life are subtly informed by our values and beliefs. These influences are called cognitive biases and it can be difficult to identify them in ourselves because they're often subconscious.

Practicing self-awareness will allow you to reflect on the beliefs you have and the choices you make. You'll then be better equipped to challenge your own thinking and make improved, unbiased decisions.

One particularly useful tool for critical thinking is the Ladder of Inference . It allows you to test and validate your thinking process, rather than jumping to poorly supported conclusions.

Developing a Critical Thinking Mindset

Combine the above skills with the right mindset so that you can make better decisions and adopt more effective courses of action. You can develop your critical thinking mindset by following this process:

Gather Information

First, collect data, opinions and facts on the issue that you need to solve. Draw on what you already know, and turn to new sources of information to help inform your understanding. Consider what gaps there are in your knowledge and seek to fill them. And look for information that challenges your assumptions and beliefs.

Be sure to verify the authority and authenticity of your sources. Not everything you read is true! Use this checklist to ensure that your information is valid:

  • Are your information sources trustworthy ? (For example, well-respected authors, trusted colleagues or peers, recognized industry publications, websites, blogs, etc.)
  • Is the information you have gathered up to date ?
  • Has the information received any direct criticism ?
  • Does the information have any errors or inaccuracies ?
  • Is there any evidence to support or corroborate the information you have gathered?
  • Is the information you have gathered subjective or biased in any way? (For example, is it based on opinion, rather than fact? Is any of the information you have gathered designed to promote a particular service or organization?)

If any information appears to be irrelevant or invalid, don't include it in your decision making. But don't omit information just because you disagree with it, or your final decision will be flawed and bias.

Now observe the information you have gathered, and interpret it. What are the key findings and main takeaways? What does the evidence point to? Start to build one or two possible arguments based on what you have found.

You'll need to look for the details within the mass of information, so use your powers of observation to identify any patterns or similarities. You can then analyze and extend these trends to make sensible predictions about the future.

To help you to sift through the multiple ideas and theories, it can be useful to group and order items according to their characteristics. From here, you can compare and contrast the different items. And once you've determined how similar or different things are from one another, Paired Comparison Analysis can help you to analyze them.

The final step involves challenging the information and rationalizing its arguments.

Apply the laws of reason (induction, deduction, analogy) to judge an argument and determine its merits. To do this, it's essential that you can determine the significance and validity of an argument to put it in the correct perspective. Take a look at our article, Rational Thinking , for more information about how to do this.

Once you have considered all of the arguments and options rationally, you can finally make an informed decision.

Afterward, take time to reflect on what you have learned and what you found challenging. Step back from the detail of your decision or problem, and look at the bigger picture. Record what you've learned from your observations and experience.

Critical thinking involves rigorously and skilfully using information, experience, observation, and reasoning to guide your decisions, actions and beliefs. It's a useful skill in the workplace and in life.

You'll need to be curious and creative to explore alternative possibilities, but rational to apply logic, and self-aware to identify when your beliefs could affect your decisions or actions.

You can demonstrate a high level of critical thinking by validating your information, analyzing its meaning, and finally evaluating the argument.

Critical Thinking Infographic

See Critical Thinking represented in our infographic: An Elementary Guide to Critical Thinking .

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The Path to Critical Thinking

by Stever Robbins

Can you write a refresher on critical thinking?

What's logic got to do with it? Nothing! We don't use logic to decide, or even to think. And a good thing, too, or the advertising industry would be dead in the water. Unfortunately, all of our decisions come from emotion. Emotional Intelligence guru Daniel Goleman explains that our brain's decision-making center is directly connected to emotions, then to logic. So, as any good salesman will tell you, we decide with emotion and justify (read: fool ourselves) with logic.

Purely emotional decision making is bad news. When insecurity, ego, and panic drive decisions, companies become toxic and may even die. Just look at all the corporate meltdowns over the last five years to quickly understand where emotional decision making can lead.

Critical thinking starts with logic. Logic is the unnatural act of knowing which facts you're putting together to reach your conclusions, and how. We're hard-wired to assume that if two things happen together, one causes the other. This lets us leap quickly to very wrong conclusions. Early studies showed that increasing light levels in factories increased productivity. Therefore, more light means more productivity? Wrong! The workers knew a study was being done, and they responded to any change by working harder, since they knew they were being measured—the Hawthorne Effect.

We also sloppily reverse cause and effect. We notice all our high performers have coffee at mid-morning, and conclude that coffee causes high performance. Maybe. Maybe not. Maybe high performers work so late and are so sleep deprived that they need coffee to wake up. Unless you want a hyper-wired workforce, it's worth figuring out what really causes what.

There are many excellent books on logic. One of my favorites is the most-excellent and most-expensive Minto Pyramid Principle by Barbara Minto. It's about logic in writing, but you can use it for any decision you want to think through in detail.

The trap of assuming You can think critically without knowing where the facts stop and your own neurotic assumptions begin. We aren't built to identify our own assumptions without lots of practice, yet the wrong assumptions are fatal.

When we don't know something, we assume. That's a fancy way of saying, "we make stuff up." And often, we don't realize we're doing it. When our best performers leave, our first (and perhaps only) response is to offer them more pay, without realizing that other motivations like job satisfaction or recognition for accomplishments might be more important.

Finding and busting "conventional wisdom" can be the key to an empire. For decades, the standard video rental store model assumed that people wanted instant gratification and, to get it, they were willing to drive to a store, pay a rental fee for a few days' access, and then drive back to the store in a few days to return the movie. Thousands of big and small video rental parlors popped up across the country using this model. But Reed Hastings challenged those assumptions. He calculated that people would trade instant gratification for delayed, and would pay a monthly fee if they could have movies mailed to them, which they could keep as long as they liked. The result? Netflix. Estimated 2005 revenue: $700 million.

Assumptions can also cripple us. A CEO confided that he never hires someone who backs into a parking space. His logic (and I use the term loosely): The person will use time at the start of the day so they can leave more quickly at the end of the day. He assumes face time equals results. In whose world? Many people tell me they get more done in an hour at home than in eight hours in an interruption-prone office. How many great employees will he miss because he's not examining his assumptions?

Some assumptions run so deep they're hard to question. Many managers can't imagine letting people work fewer hours for the same pay. "If they go home earlier, we have to pay them less." Why? "Hours = productivity" is true of assembly lines, but not knowledge work. Research shows that it's not how much you work, but the quality of the work time that drives results. 2 But in most workplaces, hours count as much as results.

Next time you're grappling with a problem, spend time brainstorming your assumptions. Get others involved—it's easier to uncover assumptions with an outside perspective. Then question the heck out of each one. You may find that one changed assumption is the difference between doing good and doing great.

The truth will set you free (statistics notwithstanding) Have you ever noticed how terrified we are of the truth? We're desperately afraid that the truth will reveal us as incompetent. Our situation really is hopeless. We really aren't as great as we pretend. So we cling to our beliefs no matter how hard the truth tries to break free.

Guess what, recording industry: Electronic downloads have changed the nature of your business. Start asking how you'll add value in a world where finding, packaging, and distributing sound is a commodity. Hey, ailing airlines: Oil's expensive, customers won't pay much, and you have huge capital costs. That hasn't stopped Southwest, Jet Blue, and others from making a fortune.

Nothing tells the truth like solid data and the guts to accept it. But it's difficult in practice. When was the last time you identified and collected data that contradicted your beliefs? If you found it, did you cheerfully change your belief, or did you explain away the data in a way that let you keep your comfortable pre-conceptions?

Here is a great exercise for your group or company. Have your general managers list your industry's Unquestioned Truths, which they then must prove with data. When a Fortune 500 CEO recently ran this exercise, Surprise! Some "absolute truths" were absolutely false. Now he can do business his competitors think is nuts. Analysts will say he's off his rocker, until his deeper knowledge of truth starts making a small fortune.

One caveat: Be picky about where you get your data. The Internet can be especially dangerous. The miracle of technology lets one bad piece of data spread far and wide, and eventually be accepted as truth.

Help! I've been framed! Not only may your data be disguised, but the whole problem itself may be disguised! It seems obvious: we're losing money, we need to cut costs. Not so fast! How you "frame" a situation—your explanation—has great power. Remember assumptions? Frames are big ol' collections of assumptions that you adopt lock, stock, and barrel. They become the map you use to explore a situation.

You're negotiating an acquisition. You're chomping at the bit. It's WAR!! Competition is all. The frame is combat!

Or, you're negotiating an acquisition. You're on a journey with the other party to find and split the value buried at the X. You still track your gains and gather intelligence, but the emphasis is on mutual outcomes, not "winning."

In a zero-sum one-time negotiation, a combat frame may be the best tool. But in a negotiation where you're free to develop creative solutions that can involve outside factors, the journey frame could work best. "Instead of $100K, why don't you pay $75K and let us share your booth at Comdex?"

Frames have great power! Presented with a potential solution to a problem and told, "This course of action has a 20 percent failure rate," few managers would approve. When that same solution is presented as having an 80 percent success rate, the same manager is going to consider it more deeply— even though a 20 percent failure rate means the same thing as an 80 percent success rate! The frame changes the decision.

Are you brave in the face of failure? Most people aren't. I recommend the responsibility frame: "What aren't we doing what we should?" The responsibility frame sends you searching for the elements of success.

The beauty is that no one frame is right, just different. The danger is when we adopt a frame without questioning it. You'll do best by trying several different frames for a situation and exploring each to extract the gems.

People are our greatest asset. Really Critical thinking isn't just about what happens in our own brains. When you're thinking critically in business, bring in other people! We don't consider the people impact in our decisions often enough. In fact, we pooh-pooh the "soft stuff." We feel safe with factors we can calculate on our HP-12B. But in truth, business is about people. Multibillion-dollar mergers fail due to culture clash.

Customers, suppliers, partners, employees. They're as much a part of your business as that sparkly new PC you use to play Solitaire. How will your decisions change their lives? Imagine being them and let your imagination change your decisions.

The Gallup organization estimates that 70 percent of America's workers are disengaged, and disengaged workers are dramatically less productive, creative, and committed than engaged workers. Yet few strategy meetings ask, "How can we engage our employees more?" It's as if we say people are our greatest asset—but we don't really believe it. If you want to improve your critical thinking, get other points of view.

A stitch in time saves nine Of course you know you should think about the consequences of your actions. But with information overload, quarterly earnings pressure, sixty-hour weeks…who has the time? We don't think much beyond the end of our nose.

But technology leverages the effects of our decisions throughout the organization and even across the globe. So good thinking demands that you consider consequences over many timeframes. Think out a month, a year, a decade, many decades. That tanning booth looks great when you consider how you'll look in a week, but is it worth looking like a leather overcoat ten years from now?

Long-term junkies like me are great at creating ten-year plans, but managing next month's cash flow? Not likely. Short-term junkies are more common; they're the ones who discount to make this quarter's numbers, while tanking the company in the process. You can do better by considering multiple timeframes.

I could go on, but there's plenty here to chew on. Think about a decision you're making, and pull in the rigor:

  • Make sure you understand the logic behind your decision.
  • Identify your assumptions and double-check them.
  • Collect the data that will support or disprove your assumptions.
  • Deliberately consider the situation from multiple frames.
  • Remember the people!
  • Think short and long term.

© 2005 by Stever Robbins. All rights reserved in all media.

Stever Robbins is founder and president of LeadershipDecisionworks, a consulting firm that helps companies develop leadership and organizational strategies to sustain growth and productivity over time. You can find more of his articles at http://LeadershipDecisionworks.com . He is the author of It Takes a Lot More than Attitude to Lead a Stellar Organization .

1. Yes, I know. I'm making a point. Congratulations; you got it. Color me subtle. Now go back and keep reading...

2. The Power of Full Engagement , by Tony Schwartz and Jim Loehr, New York: Simon & Schuster, 2003.

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Everything You Need to Know About Critical Thinking Skills for Business Leaders

9 Min Read | Oct 3, 2023

Ramsey

We all have moments of bad decision-making. (Like that time you hired your best friend’s cousin’s neighbor without interviewing them. Wrong move.) But consistently making decisions by the seat of your pants is no way to live your life—or build your business. What you can build your company on is the momentum that comes from critical thinking, aka making smart decisions and solving tough problems like it’s your job. Because if you’re a leader, it is.

Now, don’t get tripped up on the word critical . We’re not talking about overthinking every little thing and never really deciding on anything. And we’re also not talking about being critical or judgmental of your team. Both suck the life out teams and businesses. Critical thinking is really just about asking great questions, analyzing possible solutions, and taking action.

Let’s explore what critical thinking is, why it matters to you as a business leader, and how to apply how to apply critical-thinking skills examples to your work.           

What Is Critical Thinking?

One scholarly explanation of critical thinking goes something like: a system of thought incorporated in scientific, mathematical, historical, anthropological, moral, philosophical and economic thinking. Yeah, that definition’s a 0 out of 10 on the helpfulness scale. Critical thinking is more than knowing about something. It’s actively exploring facts and making discoveries. It’s getting to the bottom of problems by asking smart questions so you can make a good judgment based on facts—not feelings.

You already use critical thinking in your everyday decisions without realizing it. As a leader, you probably have 50 “great” ideas before you get to work in the morning. But do you act on all of them? Of course not. Because after you take a closer look at your priorities and available time and resources, you realize some of those ideas aren’t worth pursuing, at least right now. That’s critical thought.

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When you use critical thinking, you don’t just take things at face value or go with your initial gut reaction. You weigh, measure and challenge information carefully, with the goal to improve what and how you think. One quick note though. Don’t mistake critical thinking for memorizing facts and figures. That’s what you do when you’re prepping for your fifth-grade multiplication test. It’s not how you make new discoveries.

If you want to solve problems and find better ways of doing things like the great leader you’re meant to be , you will rely on a combination of data, facts, research, wise counsel, and assumptions from your knowledge and experience.

Pro tip: Being wishy washy can paralyze your team, your business and your mission. That’s what’s called indecisive leadership, and that’s an oxymoron. Don’t do that. Once you think through your information and options, make up your mind.

Why Is Critical Thinking Important to Leaders?

As if paralyzing your team isn’t bad enough, indecision also costs your business time and money. You give life permission to make decisions for you when you don’t move. Yuk! But when you think and move your way through obstacles, you hold the reins and can overcome challenges when others just give up.

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Are you losing steam with your current ad strategy? Critical thinking can lead you to new advertising ideas and marketing streams—and create even more business traffic. Stressed out by supply chain issues? Critical thinking can help you find new vendors and ways of doing business. When you think boldly and keep control of the situation, you impose your will (and good sense) on the world around you.

Here’s one more example of why critical thinking is important: Say you notice a dip in sales one month. You could blow it off as a fluke and charge ahead blindly. Or you could panic, treat it as the beginning of the end, and pressure your sales team to turn the ship before you’re forced to close your doors. Which one is right? Probably neither. But you won’t know how to respond until you carefully look at your business trends, analyze market conditions, and talk with some other smart, experienced leaders.

Your team and your business are just as good as your reasoning and decision-making skills.

Critical thinking helps you:

  • Keep emotions and chaos in check as you approach problems with facts, not feelings
  • Understand the importance and relevance of ideas
  • Know when to challenge information and when to stop overthinking
  • See how ideas are linked and call out inconsistencies and mistakes
  • Appreciate different perspectives
  • Consider others’ needs and show respect

Ask yourself how much you prioritize running your business with clarity, fairness, accuracy, and relevance. Your answer will give you a good picture of how much you value critical thinking.

Related article: What is Transformational Leadership?

Critical thinking has plenty of enemies though. Beware of these traits and behaviors that can lead to bad thinking and bad business:

  • Self-interest
  • Blind acceptance of what’s “normal”

Have you ever heard the phrase, “ready, fire, aim”? Probably not—but that’s what it looks like to act before you get a clear picture of the situation. Things run smoother the less you shoot from the hip and the more you carefully consider your decisions.

Examples of Critical Thinking Skills in Business

Here are some examples leaders in different lines of work who use critical thinking to solve everyday business problems:

  • A funeral home director who considers a grieving family’s budget and wishes and guides them to the best choices
  • A home health care manager who analyzes their cases and matches team members with clients based on their needs and schedule preferences
  • A home contractor who weighs out which subcontractors are the right fit for the job
  • A customer service leader who uses feedback forms to decide on training needs for their team
  • A landscaper who evaluates the risk versus the potential revenue growth of adding team members

The Critical Thinking Process

We’ve looked at why and when to put some extra thought into your business decisions, but let’s be real. Not every decision requires deep-level thinking. The amount of time and energy you spend deciding should be based on the size of the decision’s impact on your business.

If it’s your job to choose whether your company’s Christmas card envelope is white or red, for the love of holiday cheer, just decide. But if you’re about to make a major purchase or new hire, you’ve got some big investments on the line. Pause to think over the details before you advance.

Related article : Product Launch: 10 Questions to Ask Before You Launch a New Product

Also, as you prepare to solve a tricky problem, ask yourself these questions:

  • What’s the real issue?
  • Why does this problem or challenge exist?
  • What information do I need to gather to understand more?
  • How should I keep my notes organized?

Let’s say, for example, that your business issue is consistently unhappy customers. On the surface, it looks like your team members serve customers too slowly. Since both team members and customers are involved, you need to get perspective from both sides to learn why the problem exists. So, you gather details from them on when and where the issue shows up and how they think it is or isn’t being handled. As for how to keep track of the information you learn, you could simply take notes on your phone or computer to review later. Or, you might need to put them in a shared document so your key leaders can see them as you work on a solution together.

After doing some high-level digging, you may find that your team members really are slow, but why ? That’s the next thing you need to discover. Are they poorly trained? Working in a role they’re not good at? Using faulty equipment?

Following these steps of deeper-level critical thinking will help you uncover root issues—so you can fix any problems:

  • Observe: Look at the issue from different angles and ask questions about it.
  • Analyze: Test how true your information is.
  • Reason: Come up with your top theories for why there’s a problem, then list possible conclusions and solutions. (We’ve already established that you’re an idea machine. That’s great!  Keep those possible solutions flowing.)
  • Communicate: Talk with people who are smarter and further ahead in their career than you for deeper insight. That doesn’t mean to just ask anyone with an opinion—find someone with experience.
  • Solve: Decide and act.

Now for an important reminder: Thinking critically means you’re always discovering, changing and improving. Afterall, the one thing thriving businesses count on is change . That means you might solve a customer concern one way today but find better ways to solve it in the future. The same is true in any situation where you use critical thinking steps. The more you want to grow, the more you challenge your ideas and ways of doing things to get the positive change!

How to Think More Critically

We get it. You’re reading this because you’re serious about taking new ground and winning in business. You’re serious about going the extra mile to raise your critical thinking game even more. Here are four practical ways to build stronger critical thinking skills:

  • Take a course or play video and board games that challenge your brain.
  • Volunteer to solve problems at work and home for practice.
  • Talk to others who are really good at thinking critically.
  • Expand your job knowledge and skills so you can see problems more clearly.

Related article :  Mastermind Groups: What Are They, and How Can They Help You Grow Your Business?

What’s Next: Decision Time

Great leaders are people of action. They’re neither knee-jerk and emotional or passive and indecisive. They get the facts, think them through, then make the call. Of course, your personality style will influence whether you naturally make decisions quickly or need more time—and that’s okay. But, when it’s go time, leaders lead. Those who don’t end up like the squirrel in the middle of the road looking back and forth, then moving in circles or not at all. We all know what happens to that squirrel.

One way to stretch your critical thinking skills is to learn from today’s top voices in business and leadership through The EntreLeadership Podcast . You’ll hear practical decision-making insights that help you lead with confidence, solve big problems and grow your business.

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About the author

Ramsey Solutions has been committed to helping people regain control of their money, build wealth, grow their leadership skills, and enhance their lives through personal development since 1992. Millions of people have used our financial advice through 22 books (including 12 national bestsellers) published by Ramsey Press, as well as two syndicated radio shows and 10 podcasts, which have over 17 million weekly listeners. Learn More.

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4 Ways to Develop Your Strategic Thinking Skills

Business professionals using strategic thinking skills

  • 10 Sep 2020

Think back to the last time you participated in a strategic planning meeting for your organization. You were likely presented with a challenge to solve or goal to achieve.

Do you remember your contributions during that meeting? Did you offer compelling ideas and plot a course of action, or find it difficult to think strategically and develop a solution? Did you have a good idea, but struggle to communicate it in a logical way? Were you an active participant in the conversation, or did others helm it?

Strategic thinking skills are among the most highly sought-after management competencies. Why? Because employees capable of thinking critically, logically, and strategically can have a tremendous impact on a business’s trajectory.

If you want to improve your strategic thinking skills, the good news is that, with the right mindset and practice, you can.

Here are four ways to improve your strategy skills , so the next time you’re involved in a strategic planning meeting, you can ensure your contributions are noticed.

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What Are Strategic Thinking Skills?

Strategic thinking skills are any skills that enable you to use critical thinking to solve complex problems and plan for the future. These skills are essential to accomplish business objectives, overcome obstacles, and address challenges—particularly if they’re projected to take weeks, months, or even years to achieve.

Strategic thinking skills include:

  • Analytical skills: To ideate a strategy that helps your organization reach its objectives, you must be capable of analyzing a variety of inputs—from financial statements and KPIs , to market conditions, emerging business trends, and internal resource allocation. This initial analysis is crucial to creating a strategy that aligns with the current reality facing your organization.
  • Communication skills: Putting a strategy into place for your company, regardless of its size, requires solid communication skills . The ability to communicate complex ideas, collaborate with internal and external stakeholders, build consensus, and ensure everyone is aligned and working toward shared goals are all central to strategic thinking.
  • Problem-solving skills: Strategic planning is often used to solve problems or address challenges, such as missed financial targets, inefficient workflows, or an emerging competitor. Implementing a strategy that addresses the central challenge you face requires you to first understand the problem and its potential solutions. From there, you can craft a strategy that solves it.
  • Planning and management skills: Strategy isn’t just about thinking of a solution—it involves implementation, too. Once data has been analyzed, the problem is understood, and a solution has been identified, you need strong planning and management skills to bring everything together.

How to Improve Your Strategic Thinking Skills

1. ask strategic questions.

If you want to improve your strategic thinking skills, one of the simplest things you can do is ask more strategic questions. Doing so allows you to exercise your planning skills, become adept at spotting opportunities, and develop a more strategic mindset you can leverage throughout your career.

According to the Harvard Business School Online course Disruptive Strategy , strategic questions can relate to a challenge, opportunity, or ambiguity you face in your current situation, whether personal or professional. They might, for instance, relate to launching a new business or product, beating a competitor, or structuring your organization for innovation.

It’s also important that your questions apply to your role and responsibilities so you can act on them.

Some examples of strategic questions you might ask include:

  • How can we strategically position ourselves to enter a new market?
  • What’s the direction for growth for each of our products or services?
  • Where will the organization's growth come from in the next five years, and how does it compare with where growth has historically come from?
  • How should the organization respond to the threat presented by potentially disruptive competitors ?

2. Observe and Reflect

In addition to asking strategic questions, you need to answer and address them skillfully. One of the most effective ways of accomplishing this is to observe and reflect on your current situation, ensuring any strategy you conceive is grounded in facts.

For example, imagine that the business you work for has begun losing market share for one of its products among its traditional customers. At the same time, it’s gained market share from an entirely new customer base. It’s easy to assume why this might be happening, but doing so can lead you down the wrong path at a critical moment in your organization’s existence.

Instead of blindly following an assumption, gather as much information as possible to use when crafting your strategy. For example, this might include conducting user interviews with new customers to identify the different jobs they hire your product to perform.

Understanding why new customers are attracted to your product can enable you to tailor your marketing strategy and product development to better embrace their needs .

3. Consider Opposing Ideas

Once you’ve landed on a strategy that can help your organization reach its goals, question your assumptions, and put your hypothesis through rigorous testing. By doing so, you can ensure you’re not overlooking another possibility.

Playing devil’s advocate with your ideas can allow you to preemptively identify weaknesses in your argument, and equip you to defend your strategy when others ask questions. It can also help you sharpen the logic skills you need to communicate and execute your strategy.

To develop this skill, get in the habit of questioning yourself any time you’re about to make an assertion. Should you consider a different perspective? Is there another possibility you may have overlooked?

4. Embrace Formal Training

By practicing the methods described above, you can improve your strategic thinking skills at your own pace. However, there are other learning options you can pursue.

If you need to quickly ramp up your strategy skills—to address a pressing need your organization is facing, position yourself for a new role, or finally launch your own business—formal training might be your best option.

For example, by enrolling in the online course Disruptive Strategy , you can discover how to make innovation a reality for your organization. Over six weeks, you’ll learn about the jobs to be done framework and disruptive innovation theory, and build skills to identify and execute high-level strategy.

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Cultivating a Strategic Mindset

Whether in the long- or short-term, a strategic mindset can be developed through self-exploration, critical questioning, and formal training.

The advantage of having a strategic mindset is learning how to think rather than what to think. Although you might not always have the right answers, strategic thinking skills can empower you to spot new opportunities, address emerging challenges, and plan for future success.

Are you looking to develop a strategic mindset? Explore our portfolio of online strategy courses and download the free flowchart to determine which is the best fit for you and your goals.

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HBR Guide to Critical Thinking

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Tackle complex situations with critical thinking. You're facing a problem at work. There are many ways you can approach the situation, but each comes with its own pros and cons. How do you sort…

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Tackle complex situations with critical thinking. You're facing a problem at work. There are many ways you can approach the situation, but each comes with its own pros and cons. How do you sort through all the information so that you know you're taking the right path? The answer is in how you think. The "HBR Guide to Critical Thinking" will help you navigate your most challenging issues, from difficult problems to tough decisions to complex scenarios. By carefully observing the situation, gathering information, inviting other perspectives, and analyzing what's in front of you, you can move forward with confidence while building this crucial leadership skill. You'll learn how to: Question your assumptions; Keep an open mind to opposing viewpoints; Sidestep cognitive biases; Use data--when appropriate; Grow comfortable with ambiguity; Find innovative and creative solutions. Arm yourself with the advice you need to succeed on the job, with the most trusted brand in business. Packed with how-to essentials from leading experts, the HBR Guides provide smart answers to your most pressing work challenges.

Jan 31, 2023

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critical thinking a business

critical thinking a business

Course details

Critical thinking for business (online).

The next course dates are not yet confirmed. Sign up for course news for future course updates. This course is also run  in-person  here at Oxford University.

You are deploying critical thinking when you use information, experience, observation and reasoning to guide your decisions, actions and beliefs.

Improved analytical competency and emotional intelligence are just two of the by-products of critical thinking. 

Critical thinking combines reflection with knowledge to evaluate and resolve challenges before they become problems. 

Even unexpected problems can be resolved optimally via a critical-thinking approach.  As such, the critical thinking habit is an essential component of successful business. 

An organisation whose members think critically is one which will benefit from improved decision-making capacities whilst avoiding costly mistakes.

Programme details

This course adopts the following intensive structure to make the most of your valuable time. 

Case Studies: Critical Thinking in Business

We present a number of real-life case studies in which critical thinking has led to effective business outcomes.

  • Intellectual Property
  • Music Royalties
  • Market Acquisition

The Criticality Trajectory

We explore best practice in critical thinking via an exploration of our Criticality Trajectory (depicted below).

critical thinking a business

Auditing Critical Thinking

You will first be taken through three research-backed models of assessing critical thinking:

  • The RED (Recognise assumptions, Evaluate arguments, Draw conclusions) model from Pearson's Watson-Glaser II Critical Thinking Appraisal
  • Halpern’s Critical Thinking Assessment, and
  • Bloom’s Taxonomy.

These will serve as background knowledge during a practical activity in which you will learn how to undertake a critical thinking audit, and appraise some common indicators of a deficit in critical thinking:

  • An absence of business strategy
  • Rapid changes in business strategy
  • Intra-team conflicts

These indicators will be considered alongside signs of a sufficiency of critical thinking, such as work being completed on time and to an appropriate standard.

You will then be guided through the five key steps involved in an organisation audit of critical thiking.

  • Assess a Business Product This can be virtually anything concrete such as a physical product, a report, or a debrief on an individual or team task.
  • Ask all stakeholders and participants to describe the requirement to the auditor. This should ideally be done on both an individual and group basis. 
  • Invite honest judgements on the effectiveness of the product
  • Invite honest assessments of the implications of the work
  • Competencies to Assess
  • Observation
  • Problem solving
  • Team cohesion
  • Communication
  • Open mindedness
  • Tolerance for ambiguity
  • Time efficiency
  • Retroduction/ abductive reasoning

Insight into Action

The course will end with the creation of a brief initial action plan for improving critical thinking in each participant’s business context.

Dates, times and delivery

The Critical Thinking Skills (online) course will run from 30 January - 8 February 2024 on Tuesdays and Thursdays. Each session will be 90 minutes.

These live video sessions will be held over Microsoft Teams at 09:30 – 11:00 (UK time) on:

  • Tuesday 30 January
  • Thursday 1 February
  • Tuesday 6 February
  • Thursday 8 February

A world clock, and time zone converter can be found here:  https://bit.ly/3bSPu6D

This is a ‘virtual classroom’ course, and is designed to replicate the experience of a classroom. The sessions are ‘live’ and are not recorded.

No attendance at Oxford is required and you do not need to purchase any software.

Accessing your online course 

Details about accessing the private MS Teams course site will be emailed to you during the week prior to the course commencing.  

Please get in touch if you have not received this information within three working days of the course start date. 

Digital Certification

Participants who attend the full course will receive a University of Oxford electronic certificate of attendance. 

The certificate will show your name, the course title and the dates of the course you attended.

You will be required to attend all of the live sessions on the course in order to be considered for an attendance certificate. 

All courses are VAT exempt.

Register immediately online 

Click the “book now” button on this webpage. Payment by credit or debit card is required.

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If you would like to discuss your application or any part of the application process before applying, please click Contact Us at the top of this page.

IT requirements

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Critical Thinking and Decision-Making  - What is Critical Thinking?

Critical thinking and decision-making  -, what is critical thinking, critical thinking and decision-making what is critical thinking.

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Critical Thinking and Decision-Making: What is Critical Thinking?

Lesson 1: what is critical thinking, what is critical thinking.

Critical thinking is a term that gets thrown around a lot. You've probably heard it used often throughout the years whether it was in school, at work, or in everyday conversation. But when you stop to think about it, what exactly is critical thinking and how do you do it ?

Watch the video below to learn more about critical thinking.

Simply put, critical thinking is the act of deliberately analyzing information so that you can make better judgements and decisions . It involves using things like logic, reasoning, and creativity, to draw conclusions and generally understand things better.

illustration of the terms logic, reasoning, and creativity

This may sound like a pretty broad definition, and that's because critical thinking is a broad skill that can be applied to so many different situations. You can use it to prepare for a job interview, manage your time better, make decisions about purchasing things, and so much more.

The process

illustration of "thoughts" inside a human brain, with several being connected and "analyzed"

As humans, we are constantly thinking . It's something we can't turn off. But not all of it is critical thinking. No one thinks critically 100% of the time... that would be pretty exhausting! Instead, it's an intentional process , something that we consciously use when we're presented with difficult problems or important decisions.

Improving your critical thinking

illustration of the questions "What do I currently know?" and "How do I know this?"

In order to become a better critical thinker, it's important to ask questions when you're presented with a problem or decision, before jumping to any conclusions. You can start with simple ones like What do I currently know? and How do I know this? These can help to give you a better idea of what you're working with and, in some cases, simplify more complex issues.  

Real-world applications

illustration of a hand holding a smartphone displaying an article that reads, "Study: Cats are better than dogs"

Let's take a look at how we can use critical thinking to evaluate online information . Say a friend of yours posts a news article on social media and you're drawn to its headline. If you were to use your everyday automatic thinking, you might accept it as fact and move on. But if you were thinking critically, you would first analyze the available information and ask some questions :

  • What's the source of this article?
  • Is the headline potentially misleading?
  • What are my friend's general beliefs?
  • Do their beliefs inform why they might have shared this?

illustration of "Super Cat Blog" and "According to survery of cat owners" being highlighted from an article on a smartphone

After analyzing all of this information, you can draw a conclusion about whether or not you think the article is trustworthy.

Critical thinking has a wide range of real-world applications . It can help you to make better decisions, become more hireable, and generally better understand the world around you.

illustration of a lightbulb, a briefcase, and the world

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Critical thinking definition

critical thinking a business

Critical thinking, as described by Oxford Languages, is the objective analysis and evaluation of an issue in order to form a judgement.

Active and skillful approach, evaluation, assessment, synthesis, and/or evaluation of information obtained from, or made by, observation, knowledge, reflection, acumen or conversation, as a guide to belief and action, requires the critical thinking process, which is why it's often used in education and academics.

Some even may view it as a backbone of modern thought.

However, it's a skill, and skills must be trained and encouraged to be used at its full potential.

People turn up to various approaches in improving their critical thinking, like:

  • Developing technical and problem-solving skills
  • Engaging in more active listening
  • Actively questioning their assumptions and beliefs
  • Seeking out more diversity of thought
  • Opening up their curiosity in an intellectual way etc.

Is critical thinking useful in writing?

Critical thinking can help in planning your paper and making it more concise, but it's not obvious at first. We carefully pinpointed some the questions you should ask yourself when boosting critical thinking in writing:

  • What information should be included?
  • Which information resources should the author look to?
  • What degree of technical knowledge should the report assume its audience has?
  • What is the most effective way to show information?
  • How should the report be organized?
  • How should it be designed?
  • What tone and level of language difficulty should the document have?

Usage of critical thinking comes down not only to the outline of your paper, it also begs the question: How can we use critical thinking solving problems in our writing's topic?

Let's say, you have a Powerpoint on how critical thinking can reduce poverty in the United States. You'll primarily have to define critical thinking for the viewers, as well as use a lot of critical thinking questions and synonyms to get them to be familiar with your methods and start the thinking process behind it.

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More From Forbes

Seven soft skills to elevate tech talent for business connection.

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Kempton Presley is Chief Strategy Officer at AdhereHealth , a healthcare tech leader in medication adherence insights and health outcomes.

As tech jobs evolve and AI innovation takes hold, “soft” skills, like communication and collaboration, are just as important as coding .

Vocational success hinges on connection. As AI rapidly transforms every facet of our technological ecosystem, narrow technical expertise—no matter how deep—can make individual contributors much more susceptible to underuse, isolation and irrelevance. In the current environment, skills that were once “employment invincibility cloaks” are becoming outdated every day.

Likewise, disconnectedness from business context and priorities is an increasing liability for coders, architects and data scientists as their employers struggle to connect powerfully unique talents with operational needs. Organizations that fail to address the challenge may miss out on the value of deploying this talent optimally.

Fortunately, there are pathways to greater business connections in this age of AI. Individuals, teams and organizations can protect and elevate their greatest assets by investing in human capital by focusing on the following soft skills.

Why Is Chief Boden Leaving ‘Chicago Fire?’ Eamonn Walker’s Exit Explained

Nvidia are splitting 10-for-1 here’s what it means and how to profit, massive dota 2 7 36 patch notes add innate abilities and facets, flexibility.

Individuals with a solid generalized understanding of data science concepts and the ability to deploy the right solutions to solve the right problems are well-positioned to come out on top of the AI revolution. I refer to these types of people as “chefs,” meaning they can quickly master new “recipes” for tech success or even whip something up with whatever is available.

An organization might hire the world’s foremost expert with a particular tool or coding language, but if the strategy shifts away from those technologies, adaptability becomes a new form of invincibility.

Business Sense

Specialized expertise can accompany a false sense of security, compounded by contextual blind spots.

Sometimes, as techies and data gurus, we take non-linear paths. We make creative and transformative breakthroughs that are gratifying, but we can inadvertently overlook how that work fits into the larger business and helps the organization achieve its most important goals.

The wisest team members invest time into learning the “bigger picture” of their organization and industry, allowing them to tie their work to the company’s strategic objectives. There is also wisdom in joining a team that pursues business outcomes rather than those that prioritize cool projects without clear business value.

Storytelling

It’s not enough to understand how work impacts business goals or be willing to change things up to help the organization. Tech employees must also be able to communicate with other departments—and, in some cases, customers—about the value of their work.

Shaping narratives and numbers that make sense to a non-technical audience is often critical for buy-in. This skill, which can include the ability to demonstrate software or data visualization, has numerous advantages. A mediocre idea communicated brilliantly is far more likely to take off than a brilliant idea communicated poorly.

Diverse Communications Currencies

Not everyone is a natural orator, and that’s okay. Storytelling doesn’t necessarily have to involve public speaking—or any sort of speaking.

I recently commissioned a group of student interns to help me develop a data-driven social vulnerability framework for Medicare plans. During our months of weekly virtual meetings, the students were polite but spoke very little. Based on those calls, I worried our work together wouldn’t produce anything. And yet, at the end of the term, the team assembled their ideas and wrote a collaborative paper that blew me away.

The lesson I learned is that talent shines differently via different communication channels. That said, tech professionals should diversify their communication skills because they may not always be able to make up for a bad impression with a great paper.

The ability to collaborate is important, but there is an even more basic skill: the ability to get along with others.

We’ve all met the “indispensable” IT pros—the ones who can come and go as they please because they’re the only ones who understand a certain mission-critical system. Unfortunately, these employees are culture killers.

Instead of concentrating institutional knowledge on one person, form teams of collaborative individuals who are willing to share best practices with one another.

Critical Thinking

19th-century German military strategist Helmuth von Moltke is credited with saying, “No plan survives first contact with the enemy.” Mike Tyson is often credited with an even blunter version: “Everybody has a plan until they get punched in the mouth.”

At some point, most tech pros are going to be asked to “MacGyver” together a solution with the IT equivalent of duct tape and chicken wire. When that day comes, critical thinking and problem-solving skills will be much more important than expertise with a particular technology.

Finally, it’s important to have people on board who can see these skills in others.

Not every IT professional needs to be a natural-born leader. But the ability to recognize others’ strengths, create a coordinated plan for progress and delegate tasks can be a difference-maker. Both the individuals who develop these management capabilities and the organizations that know how to identify them will reap their rewards.

Thanks largely to the ongoing rise of AI, we are likely to see more technology breakthroughs in the next couple of years than at any other time in history. To be sure, technical wizardry will be necessary to unlock these advances. But the ideas that change the future will come from organizations whose employees can work together to solve complex business problems—and who can communicate these ideas to the wider world.

Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?

Kempton Presley

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Examples

Critical Thinking Skills.

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Critical thinking is the ability to analyze information objectively and make a reasoned judgment. It involves evaluating sources, such as data, facts, observable phenomena, and research findings. Developing critical thinking skills is essential for academic success and everyday decision-making. Here are strategies and examples to help enhance critical thinking skills.

1. Ask Questions

Asking questions is fundamental to critical thinking. Encourage curiosity and in-depth understanding by asking questions like:

  • What evidence supports this claim?
  • Are there alternative perspectives?
  • What are the implications of this decision?

2. Analyze Assumptions

Identifying and analyzing assumptions helps in understanding underlying biases and beliefs.

  • Example : When reading a news article, identify the assumptions the author makes and consider how they influence the argument.

3. Evaluate Evidence

Evaluating evidence involves assessing the reliability and validity of information sources.

  • Example : When researching a topic, compare information from multiple sources and evaluate their credibility.

4. Develop Hypotheses

Formulating and testing hypotheses can strengthen analytical skills.

  • Example : In a science experiment, develop a hypothesis, conduct experiments to test it, and analyze the results.

5. Reflect on Your Thinking Process

Reflection helps in recognizing and improving your thought process.

  • Example : After making a decision, reflect on the steps you took, what you learned, and how you could improve in the future.

6. Engage in Discussions

Participating in discussions encourages the exchange of ideas and perspectives.

  • Example : Join a debate club or discussion group to practice presenting and defending your viewpoints.

7. Practice Problem-Solving

Solving problems systematically can enhance critical thinking.

  • Example : Use problem-solving frameworks, like SWOT analysis, to evaluate a business case study.

8. Use Critical Thinking Exercises

Incorporate exercises and activities designed to boost critical thinking skills.

  • Example : Engage in brainteasers, puzzles, and logic games that challenge your reasoning abilities.

Examples of Critical Thinking in Action

  • Case Study: Socratic Method : Used in law schools, the Socratic method involves asking a series of questions to help students think deeply about the subject matter.
  • Example: Reflective Journals : Students keep journals where they reflect on their learning experiences, analyze their thinking processes, and develop insights.

Developing critical thinking skills is crucial for academic success and informed decision-making. By asking questions, analyzing assumptions, evaluating evidence, developing hypotheses, reflecting on thinking processes, engaging in discussions, practicing problem-solving, and using critical thinking exercises, individuals can enhance their ability to think critically.

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Ways to improve your critical thinking

Posted: 26 March 2024 | Last updated: 26 March 2024

<p>Critical thinking is an essential <a href="https://www.starsinsider.com/lifestyle/439927/life-skills-parents-can-teach-their-children-for-success" rel="noopener">skill</a> for anyone who wishes to be successful in business. It is what allows us to analyze information properly to find appropriate solutions to problems. But it is also important to think critically in every day life; it helps us to filter out fake news, for example.</p> <p>While most of us have a certain level of critical thinking capacity, there is often room for improvement. Check out this gallery for some tips on how to improve your critical thinking.</p><p>You may also like:<a href="https://www.starsinsider.com/n/179932?utm_source=msn.com&utm_medium=display&utm_campaign=referral_description&utm_content=457285v1en-nz"> Do you recognize these big TV stars from 10 years ago?</a></p>

Critical thinking is an essential skill for anyone who wishes to be successful in business. It is what allows us to analyze information properly to find appropriate solutions to problems. But it is also important to think critically in every day life; it helps us to filter out fake news, for example.

While most of us have a certain level of critical thinking capacity, there is often room for improvement. Check out this gallery for some tips on how to improve your critical thinking.

You may also like: Do you recognize these big TV stars from 10 years ago?

<p>Before you set about trying to build those critical thinking skills, it is important to first understand what exactly critical thinking is. Put simply, it is the ability to think about <a href="https://www.starsinsider.com/lifestyle/426643/30-ideas-to-entertain-kids-at-home" rel="noopener">ideas</a> and concepts in a critical way.</p><p><a href="https://www.msn.com/en-nz/community/channel/vid-7xx8mnucu55yw63we9va2gwr7uihbxwc68fxqp25x6tg4ftibpra?cvid=94631541bc0f4f89bfd59158d696ad7e">Follow us and access great exclusive content every day</a></p>

Understand the concept of critical thinking

Before you set about trying to build those critical thinking skills, it is important to first understand what exactly critical thinking is. Put simply, it is the ability to think about ideas and concepts in a critical way.

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<p>It is the difference between accepting what you're told at face value and asking questions such as why you're being told that and what is the motivation of the speaker.</p><p>You may also like:<a href="https://www.starsinsider.com/n/203513?utm_source=msn.com&utm_medium=display&utm_campaign=referral_description&utm_content=457285v1en-nz"> Scottish landscapes that will take your breath away</a></p>

It is the difference between accepting what you're told at face value and asking questions such as why you're being told that and what is the motivation of the speaker.

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<p>It follows, then, that when learning to think critically it is important to ask questions. When you next read a report or listen to a presentation, try and ask as many questions as you can.</p><p><a href="https://www.msn.com/en-nz/community/channel/vid-7xx8mnucu55yw63we9va2gwr7uihbxwc68fxqp25x6tg4ftibpra?cvid=94631541bc0f4f89bfd59158d696ad7e">Follow us and access great exclusive content every day</a></p>

Ask questions

It follows, then, that when learning to think critically it is important to ask questions. When you next read a report or listen to a presentation, try and ask as many questions as you can.

<p>Although you run the risk of winding up the presenter, asking questions is in everyone's interest because it can help to expose weaknesses in logic and pave the way for a better solution to a problem.</p><p>You may also like:<a href="https://www.starsinsider.com/n/262041?utm_source=msn.com&utm_medium=display&utm_campaign=referral_description&utm_content=457285v1en-nz"> Laugh out loud: The best comedians in history</a></p>

Although you run the risk of winding up the presenter, asking questions is in everyone's interest because it can help to expose weaknesses in logic and pave the way for a better solution to a problem.

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<p>In addition to asking questions about the information in front of you, it is important also to question your own thoughts and actions on a regular basis.</p><p><a href="https://www.msn.com/en-nz/community/channel/vid-7xx8mnucu55yw63we9va2gwr7uihbxwc68fxqp25x6tg4ftibpra?cvid=94631541bc0f4f89bfd59158d696ad7e">Follow us and access great exclusive content every day</a></p>

Question yourself

In addition to asking questions about the information in front of you, it is important also to question your own thoughts and actions on a regular basis.

<p>Questioning yourself will help you identify behaviors that are unhelpful or self-defeating. All too often we continue with a certain behavior because it seems right, when in fact it is making things worse.</p><p>You may also like:<a href="https://www.starsinsider.com/n/280284?utm_source=msn.com&utm_medium=display&utm_campaign=referral_description&utm_content=457285v1en-nz"> The (often bizarre) foods historical figures loved</a></p>

Questioning yourself will help you identify behaviors that are unhelpful or self-defeating. All too often we continue with a certain behavior because it seems right, when in fact it is making things worse.

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<p>It is paramount that you pay attention to all information coming your way, whether or not it comes from a source or person you agree with.</p><p><a href="https://www.msn.com/en-nz/community/channel/vid-7xx8mnucu55yw63we9va2gwr7uihbxwc68fxqp25x6tg4ftibpra?cvid=94631541bc0f4f89bfd59158d696ad7e">Follow us and access great exclusive content every day</a></p>

Pay attention to all incoming information

It is paramount that you pay attention to all information coming your way, whether or not it comes from a source or person you agree with.

<p>People without critical thinking skills tend to tune out information that they don't want to hear, when in fact people we don't like nearly always have something useful to say.</p><p>You may also like:<a href="https://www.starsinsider.com/n/304638?utm_source=msn.com&utm_medium=display&utm_campaign=referral_description&utm_content=457285v1en-nz"> Funny celebrity moments: pranksters on the red carpet</a></p>

People without critical thinking skills tend to tune out information that they don't want to hear, when in fact people we don't like nearly always have something useful to say.

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<p>Good critical thinking always involves an element of foresight. Successful critical thinkers are able to use the information available to them to predict what will happen in the future.</p><p><a href="https://www.msn.com/en-nz/community/channel/vid-7xx8mnucu55yw63we9va2gwr7uihbxwc68fxqp25x6tg4ftibpra?cvid=94631541bc0f4f89bfd59158d696ad7e">Follow us and access great exclusive content every day</a></p>

Develop foresight

Good critical thinking always involves an element of foresight. Successful critical thinkers are able to use the information available to them to predict what will happen in the future.

<p>However, foresight is not about clairvoyants and tarot cards. Instead it is about carefully considering all the possible consequences of a certain action.</p><p>You may also like:<a href="https://www.starsinsider.com/n/350852?utm_source=msn.com&utm_medium=display&utm_campaign=referral_description&utm_content=457285v1en-nz"> The dark side of Walt Disney</a></p>

However, foresight is not about clairvoyants and tarot cards. Instead it is about carefully considering all the possible consequences of a certain action.

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<p>Critical thinking, like anything else, takes practice. It is therefore a good idea to rid your life of time-wasting activities, such as Netflix bingeing, so you have more time to practice.</p><p><a href="https://www.msn.com/en-nz/community/channel/vid-7xx8mnucu55yw63we9va2gwr7uihbxwc68fxqp25x6tg4ftibpra?cvid=94631541bc0f4f89bfd59158d696ad7e">Follow us and access great exclusive content every day</a></p>

Reduce time-wasting

Critical thinking, like anything else, takes practice. It is therefore a good idea to rid your life of time-wasting activities, such as Netflix bingeing, so you have more time to practice.

<p>That does not mean to say you shouldn't relax, however. In fact, the brain needs downtime in order to develop. Try and go for something more stimulating, though, like reading a book.</p><p>You may also like:<a href="https://www.starsinsider.com/n/369610?utm_source=msn.com&utm_medium=display&utm_campaign=referral_description&utm_content=457285v1en-nz"> Hit songs you didn't know were written by Prince</a></p>

That does not mean to say you shouldn't relax, however. In fact, the brain needs downtime in order to develop. Try and go for something more stimulating, though, like reading a book.

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<p>The more you practice critical thinking, the more easily it will come. In the beginning, however, it takes time. It is therefore important to maximize your time by planning carefully.</p><p><a href="https://www.msn.com/en-nz/community/channel/vid-7xx8mnucu55yw63we9va2gwr7uihbxwc68fxqp25x6tg4ftibpra?cvid=94631541bc0f4f89bfd59158d696ad7e">Follow us and access great exclusive content every day</a></p>

Plan your day

The more you practice critical thinking, the more easily it will come. In the beginning, however, it takes time. It is therefore important to maximize your time by planning carefully.

<p>Prioritize your tasks and don't bite off more than you can chew. Make sure that you are allowing yourself enough time to really focus on each of your projects and consider them critically.</p><p>You may also like:<a href="https://www.starsinsider.com/n/382766?utm_source=msn.com&utm_medium=display&utm_campaign=referral_description&utm_content=457285v1en-nz"> Torture tracks: Songs that have been weaponized</a></p>

Prioritize your tasks and don't bite off more than you can chew. Make sure that you are allowing yourself enough time to really focus on each of your projects and consider them critically.

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<p>Do not limit your critical thinking practice to office hours. While being able to think critically is a must if you want to be successful in business, it is also an important life skill in everyday life.</p><p><a href="https://www.msn.com/en-nz/community/channel/vid-7xx8mnucu55yw63we9va2gwr7uihbxwc68fxqp25x6tg4ftibpra?cvid=94631541bc0f4f89bfd59158d696ad7e">Follow us and access great exclusive content every day</a></p>

Practice critical thinking in your daily life

Do not limit your critical thinking practice to office hours. While being able to think critically is a must if you want to be successful in business, it is also an important life skill in everyday life.

<p>Next time you are choosing a book to read or watching the news, ask yourself what you want to gain from the book, or why that newsreader is emphasizing a particular story.</p><p>You may also like:<a href="https://www.starsinsider.com/n/444420?utm_source=msn.com&utm_medium=display&utm_campaign=referral_description&utm_content=457285v1en-nz"> Famous women who were demonized by the media</a></p>

Next time you are choosing a book to read or watching the news, ask yourself what you want to gain from the book, or why that newsreader is emphasizing a particular story.

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<p>Try to keep a record of difficult situations that arise and how you handle them. Writing down your thoughts on such situations will help you to reflect better on your own actions.</p><p><a href="https://www.msn.com/en-nz/community/channel/vid-7xx8mnucu55yw63we9va2gwr7uihbxwc68fxqp25x6tg4ftibpra?cvid=94631541bc0f4f89bfd59158d696ad7e">Follow us and access great exclusive content every day</a></p>

Keep a thought journal

Try to keep a record of difficult situations that arise and how you handle them. Writing down your thoughts on such situations will help you to reflect better on your own actions.

<p>It may not be easy at first, but laying bare your reactions to a difficult situation will help you to identify and eliminate destructive behaviors and therefore solve problems more efficiently.</p><p>You may also like:<a href="https://www.starsinsider.com/n/455968?utm_source=msn.com&utm_medium=display&utm_campaign=referral_description&utm_content=457285v1en-nz"> Celebrities who were raised by single fathers</a></p>

It may not be easy at first, but laying bare your reactions to a difficult situation will help you to identify and eliminate destructive behaviors and therefore solve problems more efficiently.

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<p>Having a big head can inhibit critical thinking since it makes it difficult to be objective when assessing a situation. However, being too altruistic doesn't help either.</p><p><a href="https://www.msn.com/en-nz/community/channel/vid-7xx8mnucu55yw63we9va2gwr7uihbxwc68fxqp25x6tg4ftibpra?cvid=94631541bc0f4f89bfd59158d696ad7e">Follow us and access great exclusive content every day</a></p>

Check your ego

Having a big head can inhibit critical thinking since it makes it difficult to be objective when assessing a situation. However, being too altruistic doesn't help either.

<p>Try to assign the same level of importance to both your needs and the needs of others. When analyzing a situation, try to focus on people's motivations; why do they want a certain outcome?</p><p>You may also like:<a href="https://www.starsinsider.com/n/457876?utm_source=msn.com&utm_medium=display&utm_campaign=referral_description&utm_content=457285v1en-nz"> Funniest sayings from around the world</a></p>

Try to assign the same level of importance to both your needs and the needs of others. When analyzing a situation, try to focus on people's motivations; why do they want a certain outcome?

You may also like: Funniest sayings from around the world

<p>Active listening involves truly paying attention while someone else is talking, and not letting your eyes glaze over and your mind run off elsewhere.</p><p><a href="https://www.msn.com/en-nz/community/channel/vid-7xx8mnucu55yw63we9va2gwr7uihbxwc68fxqp25x6tg4ftibpra?cvid=94631541bc0f4f89bfd59158d696ad7e">Follow us and access great exclusive content every day</a></p>

Practice active listening

Active listening involves truly paying attention while someone else is talking, and not letting your eyes glaze over and your mind run off elsewhere.

<p>Not only is it rude not to listen properly when someone is presenting, but you will miss important information and/or ideas that should be submitted to your own mental analysis.</p><p>You may also like:<a href="https://www.starsinsider.com/n/468378?utm_source=msn.com&utm_medium=display&utm_campaign=referral_description&utm_content=457285v1en-nz"> Bandmates who hated each other</a></p>

Not only is it rude not to listen properly when someone is presenting, but you will miss important information and/or ideas that should be submitted to your own mental analysis.

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<p>If you have a business problem to solve, the likelihood is that someone before you has solved a very similar if not identical issue. Make the most of past learnings to help you in the present.</p><p><a href="https://www.msn.com/en-nz/community/channel/vid-7xx8mnucu55yw63we9va2gwr7uihbxwc68fxqp25x6tg4ftibpra?cvid=94631541bc0f4f89bfd59158d696ad7e">Follow us and access great exclusive content every day</a></p>

Evaluate existing evidence

If you have a business problem to solve, the likelihood is that someone before you has solved a very similar if not identical issue. Make the most of past learnings to help you in the present.

<p>Ask yourself whether you have encountered the issue before and, if not, speak to others. Use all the information available to you to find a successful solution.</p><p>You may also like:<a href="https://www.starsinsider.com/n/472561?utm_source=msn.com&utm_medium=display&utm_campaign=referral_description&utm_content=457285v1en-nz"> These celebrities live in surprisingly modest homes</a></p>

Ask yourself whether you have encountered the issue before and, if not, speak to others. Use all the information available to you to find a successful solution.

You may also like: These celebrities live in surprisingly modest homes

<p>Like many other things in life, critical thinking can be taught. If the tips in this gallery aren't enough, it may be an idea to find a mentor who can help you on your way to becoming a critical thinking expert.</p><p><a href="https://www.msn.com/en-nz/community/channel/vid-7xx8mnucu55yw63we9va2gwr7uihbxwc68fxqp25x6tg4ftibpra?cvid=94631541bc0f4f89bfd59158d696ad7e">Follow us and access great exclusive content every day</a></p>

Engage a mentor

Like many other things in life, critical thinking can be taught. If the tips in this gallery aren't enough, it may be an idea to find a mentor who can help you on your way to becoming a critical thinking expert.

<p>A mentor may be able to frame critical thinking in such a way that it becomes more accessible and natural to you, and they may have resources for you to practice with.</p><p>You may also like:<a href="https://www.starsinsider.com/n/477032?utm_source=msn.com&utm_medium=display&utm_campaign=referral_description&utm_content=457285v1en-nz"> Bizarre jobs that no longer exist</a></p>

A mentor may be able to frame critical thinking in such a way that it becomes more accessible and natural to you, and they may have resources for you to practice with.

You may also like: Bizarre jobs that no longer exist

<p>Many team-building activities put on by companies have the aim of improving the critical thinking skills of employees.</p><p><a href="https://www.msn.com/en-nz/community/channel/vid-7xx8mnucu55yw63we9va2gwr7uihbxwc68fxqp25x6tg4ftibpra?cvid=94631541bc0f4f89bfd59158d696ad7e">Follow us and access great exclusive content every day</a></p>

Participate in team-building activities

Many team-building activities put on by companies have the aim of improving the critical thinking skills of employees.

<p>Try not to let the thought of your next team-building session fill you with dread. Instead, see it as an opportunity to hone those critical thinking skills and give you a competitive advantage.</p><p>You may also like:<a href="https://www.starsinsider.com/n/500114?utm_source=msn.com&utm_medium=display&utm_campaign=referral_description&utm_content=457285v1en-nz"> Bizarre jobs within the British royal household</a></p>

Try not to let the thought of your next team-building session fill you with dread. Instead, see it as an opportunity to hone those critical thinking skills and give you a competitive advantage.

You may also like: Bizarre jobs within the British royal household

<p>If you're feeling confident, why not throw yourself in the deep end and volunteer to lead a project? Leaders are required to constantly think critically, meaning you'll have loads of practice.</p><p><a href="https://www.msn.com/en-nz/community/channel/vid-7xx8mnucu55yw63we9va2gwr7uihbxwc68fxqp25x6tg4ftibpra?cvid=94631541bc0f4f89bfd59158d696ad7e">Follow us and access great exclusive content every day</a></p>

Take on a leadership role

If you're feeling confident, why not throw yourself in the deep end and volunteer to lead a project? Leaders are required to constantly think critically, meaning you'll have loads of practice.

<p>And as we all know, practice makes perfect. So next time your boss asks for a volunteer to head a new initiative, why not take the plunge?</p> <p>Sources: (Indeed) (Small Businessify)</p> <p>See also: <a href="https://www.starsinsider.com/lifestyle/433338/30-fun-virtual-team-building-ideas">30 fun virtual team building ideas</a></p>

And as we all know, practice makes perfect. So next time your boss asks for a volunteer to head a new initiative, why not take the plunge?

Sources: (Indeed) (Small Businessify)

See also: 30 fun virtual team building ideas

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A Short Guide to Building Your Team’s Critical Thinking Skills

  • Matt Plummer

critical thinking a business

Critical thinking isn’t an innate skill. It can be learned.

Most employers lack an effective way to objectively assess critical thinking skills and most managers don’t know how to provide specific instruction to team members in need of becoming better thinkers. Instead, most managers employ a sink-or-swim approach, ultimately creating work-arounds to keep those who can’t figure out how to “swim” from making important decisions. But it doesn’t have to be this way. To demystify what critical thinking is and how it is developed, the author’s team turned to three research-backed models: The Halpern Critical Thinking Assessment, Pearson’s RED Critical Thinking Model, and Bloom’s Taxonomy. Using these models, they developed the Critical Thinking Roadmap, a framework that breaks critical thinking down into four measurable phases: the ability to execute, synthesize, recommend, and generate.

With critical thinking ranking among the most in-demand skills for job candidates , you would think that educational institutions would prepare candidates well to be exceptional thinkers, and employers would be adept at developing such skills in existing employees. Unfortunately, both are largely untrue.

critical thinking a business

  • Matt Plummer (@mtplummer) is the founder of Zarvana, which offers online programs and coaching services to help working professionals become more productive by developing time-saving habits. Before starting Zarvana, Matt spent six years at Bain & Company spin-out, The Bridgespan Group, a strategy and management consulting firm for nonprofits, foundations, and philanthropists.  

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AI is leading to the 'revenge of the liberal arts,' says a Goldman tech exec with a history degree

  • Goldman's George Lee said AI will empower non-technical workers, including those in risk management.
  • The history major turned tech banker said AI enhances skills like critical thinking, creativity, and logic.
  • Banks are increasingly using AI for fraud and credit risk amid rising regulatory demands.

Insider Today

A longtime tech banker with a history degree says AI could be a boon for non-technical workers.

George Lee, the co-head of applied innovation at Goldman Sachs, told Bloomberg Television on Tuesday that he thinks AI will lead to the "revenge of the liberal arts" in the workforce.

"Some of the skills that are really salient to cooperate with this new of intelligence in the world are critical thinking, understanding logic and rhetoric, the ability to be creative," Lee said. "AI will allow non-technical people to accomplish a lot more — and, by the way, begin to perform what were formerly believed to be technical tasks."

Related stories

Lee, who studied history at Middlebury College and got an MBA from the Wharton School of the University of Pennsylvania, sits on liberal arts-focused Middlebury's board of trustees. He joined Goldman in 1994 after his MBA and was previously the firm's co-chief information officer.

Lee told Bloomberg that AI could help people who are focused on operations and risk management.

As regulatory requirements have intensified globally and threats like cybersecurity take center stage, banks' risk management teams have swelled. In an annual bank risk management survey by EY and the International Institute of Finance released in February, a majority of banks said they're already using AI to monitor fraud and credit risk.

AI is increasingly seen as a threat to knowledge workers, including investment bankers. Junior investment-banking analyst classes — a highly-paid, high-stress job — could be cut by as much as two-thirds , while those who make it into the banks could be paid less for jobs assisted with AI.

As Business Insider has previously reported, banks from  Goldman Sachs  to  Deutsche Bank  have been exploring ways to streamline tedious tasks often   assigned to junior investment bankers, like updating charts for pitch books or company valuation comparison tables.

A Goldman spokesperson previously told BI the bank has no plans to scale back its incoming class.

Watch: How Twitter panic took down Silicon Valley Bank

critical thinking a business

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Preventing an Enrollment Dropoff

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  • Recruiting students from new markets is one way to help balance enrollment numbers, but business schools will need to equip faculty with the competencies needed to teach learners from different international and educational backgrounds.
  • Employers are looking for graduates who have not only academic knowledge but also strong critical thinking and communication skills, which will require business educators to reevaluate their teaching strategies.
  • The future business school model emphasizes connectivity within and across disciplines, with increased employer collaboration, fostering challenge-based learning experiences for students early in their education.

Mariëlle Heijltjes : [0:15] I anticipate business school enrollment to vary, actually, over continents. I think there's a real steep decline, predicted, at least, in the US and also in Europe. Asia, especially India, is of course driving global enrollment growth now.

[0:31] If you want to recruit, then it should be international students from Asian markets because, well, they're growing. The reason for the decline is largely demographic because it's a declining population of 18 and 19 year olds.

[0:46] In the US, they talk about the enrollment cliff and how they're afraid of that happening next year. We don't call it that in Europe, but it's a similar situation, where the domestic population of 18 and 19 year olds is just shrinking. That will lead to decreasing enrollment, of course.

To prepare faculty, it's not an overnight thing, but I think you really have to invest in their competencies in that sense.

[1:26] Another option would be to expand the number of types of target groups. Rather than just focusing on undergrads or graduates, really take lifelong learning seriously and focus on professional, shorter courses. Also, there, of course, you have to make sure that your own faculty can actually do that. There're several options to think strategically about it.

[1:51] To prepare faculty, it's not an overnight thing, but I think you really have to invest in their competencies in that sense.

[1:59] What we do in Maastricht University  or in the Netherlands, it's a broader program that's called Recognition and Rewards, where there's a common understanding among all the universities, actually, that to really deal with these types of changes, you cannot only focus on research and education, but you have to also focus on impact, and you have to focus on leading.

[2:20] Leading your own faculty members or leading stakeholders outside. It's investing in faculty development in that sense and leadership development, and not only in the development of your own students.

The business school model of the future is much more connected than it is now.

[2:32] What we see in Europe is one of the things that employers keep saying, is academic knowledge and academic excellence is simply not enough anymore. We need students that enter the labor market that have competence in the area of perspective-taking, in the area of critical thinking, communication skills.

[2:49] All these other things that are more meta qualities, if you wish, that are not necessarily part of the education that students get. I think that's also a major shift. Also, for faculty because that's also a different way of teaching than if you just convey knowledge, transfer knowledge.

[3:06] The business school model of the future is much more connected than it is now. Connected not only within the discipline, but for example, what I see in our own school is we have a faculty of science and engineering. We are getting more and more programs together with them. Not only business engineering programs, but also circular economy, circular engineering.

[3:26] I think working across disciplines is a major change. Also, working with the different outside stakeholders, employers, for example, that they get into the classroom earlier so that students learn to work more challenge-based, rather than that they just acquire the knowledge and then apply it.

[3:45] That they actually start collaborating with employers, and with each other, and faculty on challenges that are real during their education already.

  • collaboration
  • cross-disciplinary
  • future of business education
  • lifelong learning
  • student recruitment

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  1. How You Can Improve Your Critical Thinking Skills

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  2. Why is Critical Thinking Important in Business?

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  3. 8 elemental steps to critical thinking:

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  4. Unleashing Potential: How STEM Education Enhances Critical Thinking Skills

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  5. How to Develop Critical Thinking Skills in Business That Make You Smarter

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  6. Critical Thinking Skills

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  5. Creative Thinking VS Critical Thinking

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COMMENTS

  1. Why Critical Thinking Matters in Your Business

    Employees with critical thinking are also more likely to accomplish the following: Analyzing information. Thinking outside the box. Coming up with creative solutions to sudden problems. Devising ...

  2. Why Your Business Needs Critical Thinking

    Critical thinking skills are needed in every business today. getty. Rapid technological advancements, globalization, and economic uncertainties have created complex challenges for most businesses.

  3. 3 Simple Habits to Improve Your Critical Thinking

    Summary. Too many business leaders are simply not reasoning through pressing issues, and it's hurting their organizations. The good news is that critical thinking is a learned behavior. There ...

  4. Critical Thinking and the Urgency Trap

    Critical Thinking Cannot Be Overlooked In the face of rapidly-evolving business environments, the ability to make smart decisions quickly is one of a company's greatest assets—but to move fast, people must first slow down to reason through pressing issues, ask thoughtful questions, and evaluate a topic from multiple angles.

  5. Why Is Critical Thinking Important for Business Growth?

    Businesses thrive on well-informed decision-making, and critical thinking is the compass that guides this process. A workforce with critical thinking skills is adept at gathering, analyzing, and synthesizing information, leading to strategic, informed, and unbiased choices. This, in turn, minimizes errors and maximizes positive outcomes, laying ...

  6. Improve Your Critical Thinking at Work

    Instead, leaders should deliberately approach each problem and devote time thinking through possible solutions. The good news, she says, is that critical thinking skills can developed and ...

  7. How Leaders Should Think Critically

    How Leaders Should Think Critically. If you want to succeed in 21st Century business you need to become a critical thinker. Roger Martin of the Rotman School of Management figured this out a ...

  8. Critical Thinking

    Critical thinking is the discipline of rigorously and skillfully using information, experience, observation, and reasoning to guide your decisions, actions, and beliefs. You'll need to actively question every step of your thinking process to do it well. Collecting, analyzing and evaluating information is an important skill in life, and a highly ...

  9. The Path to Critical Thinking

    Really. Critical thinking isn't just about what happens in our own brains. When you're thinking critically in business, bring in other people! We don't consider the people impact in our decisions often enough. In fact, we pooh-pooh the "soft stuff." We feel safe with factors we can calculate on our HP-12B.

  10. Everything You Need to Know About Critical Thinking Skills for Business

    One scholarly explanation of critical thinking goes something like: a system of thought incorporated in scientific, mathematical, historical, anthropological, moral, philosophical and economic thinking. Yeah, that definition's a 0 out of 10 on the helpfulness scale. Critical thinking is more than knowing about something.

  11. 4 Ways to Develop Your Strategic Thinking Skills

    1. Ask Strategic Questions. If you want to improve your strategic thinking skills, one of the simplest things you can do is ask more strategic questions. Doing so allows you to exercise your planning skills, become adept at spotting opportunities, and develop a more strategic mindset you can leverage throughout your career.

  12. What Are Critical Thinking Skills and Why Are They Important?

    According to the University of the People in California, having critical thinking skills is important because they are [ 1 ]: Universal. Crucial for the economy. Essential for improving language and presentation skills. Very helpful in promoting creativity. Important for self-reflection.

  13. CRITICAL THINKING AND DECISION MAKING IN BUSINESS

    Critical thinking is the ability to reflect deeply, analyse and interpret information, and make considered decisions. It is the opposite of making snap decisions and following gut feelings. A critical thinker can synthesise information to problem-solve, collaborate, strategise, assess risk and deal with uncertain or ambiguous situations.

  14. HBR Guide to Critical Thinking

    The answer is in how you think. The "HBR Guide to Critical Thinking" will help you navigate your most challenging issues, from difficult problems to tough decisions to complex scenarios. By carefully observing the situation, gathering information, inviting other perspectives, and analyzing what's in front of you, you can move forward with ...

  15. Critical Thinking Skills for the Professional

    Module 1 • 2 hours to complete. In this module, you will be able to apply a model for solving any problem, large or small, in a creative and collaborative way. You will also be able to identify all aspects of a problem and examine role in the problem. You will be able to reframe a goal oriented question. What's included.

  16. Critical Thinking for Business (online)

    The Critical Thinking Skills (online) course will run from 30 January - 8 February 2024 on Tuesdays and Thursdays. Each session will be 90 minutes. These live video sessions will be held over Microsoft Teams at 09:30 - 11:00 (UK time) on: A world clock, and time zone converter can be found here: https://bit.ly/3bSPu6D.

  17. Improve Your Critical Thinking Skills

    Third, seek out fresh perspectives. It's tempting to rely on your inner circle to help you think through these questions, but that won't be productive if they all look and think like you. Get ...

  18. What Is Critical Thinking?

    Critical thinking is the ability to effectively analyze information and form a judgment. To think critically, you must be aware of your own biases and assumptions when encountering information, and apply consistent standards when evaluating sources. Critical thinking skills help you to: Identify credible sources. Evaluate and respond to arguments.

  19. Critical Thinking in Business

    Yet, successful business people do use critical thinking. In this book, Bob Schoenberg, a recognized teacher and consultant on critical thinking skills, outlines key tools and attitudes to help think more effectively about common business issues. From assumptions to frames of reference to ethics, critical thinking is the key to more effective ...

  20. Critical Thinking and Decision-Making

    Definition. Simply put, critical thinking is the act of deliberately analyzing information so that you can make better judgements and decisions. It involves using things like logic, reasoning, and creativity, to draw conclusions and generally understand things better. This may sound like a pretty broad definition, and that's because critical ...

  21. Curiosity's Impact on Critical Thinking in Business

    7. In the dynamic world of business management, critical thinking is an essential skill that allows you to analyze situations, make informed decisions, and solve problems efficiently. Curiosity ...

  22. Using Critical Thinking in Essays and other Assignments

    Critical thinking, as described by Oxford Languages, is the objective analysis and evaluation of an issue in order to form a judgement. Active and skillful approach, evaluation, assessment, synthesis, and/or evaluation of information obtained from, or made by, observation, knowledge, reflection, acumen or conversation, as a guide to belief and action, requires the critical thinking process ...

  23. Seven Soft Skills To Elevate Tech Talent For Business Connection

    When that day comes, critical thinking and problem-solving skills will be much more important than expertise with a particular technology. Leadership Finally, it's important to have people on ...

  24. Critical Thinking Is About Asking Better Questions

    Critical thinking is the ability to analyze and effectively break down an issue in order to make a decision or find a solution. ... Harvard Business Publishing is an affiliate of Harvard Business ...

  25. Article on Critical Thinking Skills Example [Edit & Download]

    Example: Use problem-solving frameworks, like SWOT analysis, to evaluate a business case study. 8. Use Critical Thinking Exercises. Incorporate exercises and activities designed to boost critical thinking skills. Example: Engage in brainteasers, puzzles, and logic games that challenge your reasoning abilities. Examples of Critical Thinking in ...

  26. Ways to improve your critical thinking

    Critical thinking is an essential skill for anyone who wishes to be successful in business. It is what allows us to analyze information properly to find appropriate solutions to problems.

  27. A Short Guide to Building Your Team's Critical Thinking Skills

    Summary. Most employers lack an effective way to objectively assess critical thinking skills and most managers don't know how to provide specific instruction to team members in need of becoming ...

  28. AI Is Leading to the 'Revenge of the Liberal Arts,' Says Goldman Exec

    Goldman's George Lee said AI will empower non-technical workers, including those in risk management. The history major turned tech banker said AI enhances skills like critical thinking, creativity ...

  29. Preventing an Enrollment Dropoff

    Business schools can navigate enrollment trends by diversifying teaching methods and fostering interdisciplinary collaboration for future-ready graduates. ... Employers are looking for graduates who have not only academic knowledge but also strong critical thinking and communication skills, which will require business educators to reevaluate ...