(PDF) Beyond Critical Thinking & Decision Making
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Added on 2021-05-31
(PDF) Beyond Critical Thinking & Decision Making
Added on 2021-05-31
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Critical thinkingand managerialdecision makingReflection
IntroductionCritical thinking and managerial decision making is important to the success of any organization.The theories that I have learnt through this course have helped me analyze my strengths and weaknesses. This reflection highlights upon the various topics that I have learnt in this course as well as their impact on my life, career choices and decision making abilities.Automatic vs. critical thinkingUnlike Automatic thinking, Critical thinking allows people to think things through before making decisions and hence results in better decision making ability of individuals (Halpern, 2013). This presentation was important for me to understand that I need to adopt a critical thinking process. My DISC personality test also demonstrated that I tend to make rather quick decisions without fully comprehending the outcome. This lecture helped me understand that instead of Automatic thinking, I should focus on becoming a critical thinker. This would even help me in making better decisions.Intrinsic vs. extrinsic motivatorsThere are two kinds of motivators in the work place for every person. These are intrinsic and extrinsic motivators (Reiss, 2012). Intrinsic motivation is a result of enjoying work or being passionate about it. Extrinsic motivation is a result of external awards, rewards and recognitions (Legault, 2016). After deeply studying this course, I identified that I am in intrinsically motivated person. I would seek a job in the career field of my interest in order to remain motivated in the long run. I have also understood that through my work, I would like to give back to the society as that would truly help me have sense of fulfillment.Prospect theoryProspect theory is an analysis of a decision under risk (Kahneman & Tversky, 2013). I found thistheory interesting because it helped me learn how various businesses market their products or services by understanding that losses are weighed more heavily than gains. This theory helped me become a more aware consumer. For example, most businesses selling shampoos or creams tend to market the disadvantages of not using the product. This strategy has often led me to buy
unnecessary goods. But now I would be careful and again use the critical thinking theory while making my purchase decisions. My DISC personality results have also helped me in understanding that I need to work upon my decision making skills. Ten tools of clarityIn this course, I learnt an interesting thing, which are the ten tools of clarity. These ten tools help people in gaining a clear idea and analyzing situations better. I have also learnt that the predominant reason why projects, decisions or tactics go wrong is because they were not clear in the first place. As a working employee, I would be working on various projects in the future. In fact, my DISC personality result also reflects that I tend to introduce new ideas owing my creative thinking attitude. Carefully, analyzing these tools would help me understanding my future projects effectively and hence see through them in an efficient manner.Influencing and persuasionWeek three helped me in understanding the importance as well as the difference between persuasion and influencing. I have understood that persuasion is less subtle than influencing. In the workplace, a leader is often required to persuade team members to perform betters or influence their work culture (Hackman & Johnson, 2013). As an individual, I am fairly convincing owing to my communication skills but now I understand the importance of being influencing as a leader in a business. I even understood that in a team, not every member would possess the same thought process. But as a leader, it would be imperative to influence team members and motivate them to work in a single direction.Facts, Observations, Experiences, Assumptions and BeliefsI have also understood the thin line of difference between facts, observations, experiences, assumptions and beliefs. These are all important in our critical thinking process and it is important to note how each of them is likely to become a conclusion. Different personalities apply different premises.
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