critical thinking

Examples of critical thinking in the following topics:

• Executive Compensation

  • The explosion in executive pay has become controversial, criticized by not only leftists but conservative establishmentarians such as Ben Bernanke, Peter Drucker, John Bogle, and Warren Buffet.
  • A 2001 article in Fortune, "The Great CEO Pay Heist" drew criticism for this line of thinking: instead of arguing that "the stock isn't moving, so the CEO shouldn't be rewarded", it instead argued that "the stock isn't moving, so we've got to find some other basis for rewarding the CEO. " This line of thinking is exactly why executive compensation has come under so much criticism.

• Analytical Mindset

  • There are many instances in a business environment where analytical thinking skills are applied to produce meaningful observations.
  • It is a critical role of management to ask the right questions and align employee behavior with analytical thinking.
  • Understand the value of analytical thinking as it pertains to management, and recall the various perspectives of analysis

• Giving and receiving feedback

  • People often think of feedback as being synonymous with criticism because feedback is given, in most circumstances, when expectations have not been met (Rich).
  • Feedback is an essential part of our personal life and our work environment, making, giving and receiving feedback successfully critical.
  • When thinking about feedback in an organization, it is likely a person will think of performance reviews.
  • It is much easier to think that our suggestions are useful to another person than to actually understand how our feedback is being interpreted by another.
  • Has opportunities for additional feedback so he gets validation of the changes he has made (Receiving Feedback Gracefully is a Critical Career Skill).

• Visuals

  • Understanding why visuals are useful and how to go about using them will give you a critical edge at your next big talk.
  • Physical Objects and Diagrams: These are quite useful when 3-dimensional thinking is required, or when the skill being taught is hands-on.
  • When I think to say the word tree, and then proceed to say it, you process the word tree and then proceed to think it.

• When to think about using database management software

  • If the technical capabilities of the staff are strong, use of an open-source DBMS in mission-critical environments is possible now.
  • Open-source DBMS engines can be used today for non-mission-critical applications with reduced risk over several years ago.
  • If open source is part of your overall IS strategy, plan for the use of open-source DBMS engines in mission critical environments in two to five years. " (Gartner 2008)

• Employee Responsibility

  • Employees recognize that responsibility and accountability are displays of trust, and an increase in employee participation in strategic decision-making and tactical thinking builds confidence and enables buy-in when decisions are made.
  • However, these hygiene factors don't result in higher level motivation and higher level thinking.
  • From this perspective, empowering employee responsibility fulfills critical needs in terms of self-esteem (the fourth level of the hierarchy) and, to some degree, self actualization (the fifth level).
  • Understanding why the task is critical for organizational success is critical for employee empowerment and motivation.

• Lean thinking summarized into ten concise steps

  • (Agency for Healthcare Research and Quality (AHRQ), ‘Overview: What is Lean Thinking?
  • For more information about lean thinking visit the Lean Thinking Institute at www.lean.org. updated formattingThe international arm of the Lean Thinking Institute is located at www.leanglobal.org.

• Psychology of Purchasing

  • Red is associated with energy, and creates the feeling of urgency (think clearance sale signs) while black is associated with sleek and powerful (think luxury goods).
  • The term is often associated with criticisms of consumption starting with Thorstein Veblen.

• Connecting the dots

  • Furthermore, potable water is now at such a critical low level that wars over this crucial commodity are predicted to break out within 10–20 years while the Earth's resources (of which there are finite supplies) continue to be captured, abused, concentrated to industrial (toxic) levels, and discarded at an alarming rate.
  • Around the same time, as if to capitalize on the inability of American politicians to think in the long term, China reported that it was establishing a five-year plan based on placing a price on costly pollutants as a means of shifting to a less expensive and more sustainable economy.
  • It is possible to abandon the costly, cancerous actions that constitute short-term thinking.
  • That being said, eliminating waste, thinking whole-system, and acting in the long term is a big step in the right direction.
  • Rather than make excuses and continue with delays, start thinking long-term...

• New Slants on Old Adages

  • The book Thinking for a Change, by John Maxwell, gives abundant advice on how to improve life in general and people's business results in particular.
  • In fact, he drew considerable criticism for proposing interventionist fiscal and monetary policies which had never been tried before.
  • And here's my own original corollary: "The first step toward thinking out of the box is to realize you're in it. "
  • I think the answer comes in the form of an adage most of us learned in grade school or earlier: "If you don't have something nice to say, don't say anything at all. " If sweetness and light don't fit your personality and the status quo in the world doesn't induce joy and gladness, it's still worth your effort not to wallow in despair.
  • Vaughn's alternative to assumption #2: "We should try hard to think positive thoughts, but if that doesn't work we should at least strive to keep our minds off negative ones."