The majority of business people know about the importance of critical thinking because they have an intuitive sense for it – they know it when they see it.
What exactly constitutes critical thinking?
What elements do we need to cultivate in order to develop our critical thinking abilities in business?
Socrates was one of the first critical thinkers and his teachings and methods are an important part of today’s literature.
In our contemporary era however we have identified four major elements as part of the critical thinking framework.
Let’s have a look…
The Importance of Critical Thinking: 4 Major Elements
1. Critical thinking attitude
2. Using critical thinking skills
3. Applying critical thinking skills in other areas
Effective thinking in business requires the ability to juggle with this four-part framework.
4-Part Framework and the importance of critical thinking
1. Critical thinking attitude.
It’s about the habit and commitment to engage and persist at difficult tasks. Such an attitude requires flexibility and open mindness along with the ability to suppress impulsive decisions. It’s about focus and the right approach when it comes to letting go of all kinds of nonproductive strategies and methods.
Developing a critical thinking attitude is the foundation of all successful brainstorming in business, so that thoughts can become powerful actions.
2. Using critical thinking skills.
Immediately after you’ve developed the habit you should take the next step and apply it in your daily tasks.
Critical thinking skills are: the ability to raise vital questions, have a broad perspective and understand problems, gather relevant information and be able to interpret them correctly in order to draw realistic conclusions thus leading to more clarity. Seek for alternatives, test different scenarios and keep what’s working. See differences, get a clear picture and take decisions.
3. Applying critical thinking skills in other areas.
This element refers to the ability to easily retrieve knowledge and transfer it to other areas. Transfering from one business area to another requires a lot of structure tarining hence the key importance of critical thinking.
“Good critical thinkers are brave enough to risk being wrong, and wise enough to realize that much can be learned from errors and failed solutions” says J. Nelson (2005).
Entrepreneurs should consider spending time alone and reflecting upon their strategies, methods, the overall business and the thinking process itself. Amazing ideas can arouse simply by focusing on your own thoughts.
Once we see and hear our thinking we become powerful.
The American Marketing Association posted a video about the importance of critical thinking, saying it’s today’s number one skill business leaders and employees should have.
Critical thinking is definitely a hot topic. It should be taught in schools and at university as it is a key skill you need to have in order to run an effective business.
Do you take time off for critical thinking? What’s your biggest take away regarding the importance of critical thinking in business? Love to hear your comments and ideas. Feel free to share below.