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Critical Thinking,[object Object],Getting to the right decision,[object Object],Rebecca Jones, Dysart & Jones Associates, rebecca@dysartjones.com,[object Object],Deb Wallace, Managing Director, Baker Library Services Knowledge and Library Services, Harvard Business School, dwallace@hbs.edu,[object Object]
Let’s explore:,[object Object],What good critical thinking is ,[object Object],Why it’s important for our decision-making & problem-solving,[object Object],Identify & avoiding traps, trips & landmines that foil our decision-making…..maybe even disarming them?,[object Object],Harvard’s experience,[object Object],Characteristics required ,[object Object],www.dysartjones.comfor slides & worksheets,[object Object],Deb Wallace & Rebecca Jones              4/12/2010,[object Object]
“in making decisions, you may be at the mercy of your mind’s strange workings….”,[object Object],Hammond, Keeney & Raiffa, The Hidden Traps in Decision Making, Harvard Business Review, January 2006,[object Object]
Critical Thinking: formal definition,[object Object],  “ the intellectually disciplined process of actively and skillfully conceptualizing, applying, analyzing, synthesizing, and/or evaluating information gathered from, or generated by, observation, experience, reflection, reasoning, or communication, as a guide to belief and action.”,[object Object],Critical Thinking as Defined by the National Council for Excellence in Critical Thinking, 1987A statement by Michael Scriven & Richard Paul at the 8th Annual International Conference on Critical Thinking and Education Reform, ,[object Object],Summer 1987}. http://www.criticalthinking.org/page.cfm?PageID=766&CategoryID=51 Last accessed May 31, 2009,[object Object]
Critical thinking is really about,[object Object],Decision-making & problem-solving ,[object Object],Openmindedness,[object Object],Productive  dialogue,[object Object]
Implicit that we can’t make decisions alone or in a vacuum,[object Object],The decisions & problems we face are increasingly complex,[object Object],  It’s hard, and it’s worth it,[object Object]
Good Critical Thinking,[object Object],Raises the right questions – clearly & precisely,[object Object],Focuses on the real problem or decision to be taken,[object Object],Gathers & assesses relevant information,[object Object],Uses abstract ideas to interpret info effectively,[object Object],Develops well-reasoned conclusions & solutions, testing them against relevant criteria and standards,[object Object],Relies on recognizing & assessing  assumptions, implications, &consequences,[object Object],Communicates effectively with others in figuring out solutions to complex problems,[object Object]
Critical Thinking Getting To The Right Decision For Cil 2010
Critical, not criticize,[object Object]
Why?,[object Object],[object Object]
Designing meaningful services
For our organizations
Planning, negotiating, managing & relationship building
For ourselves, and our professional credibility
Aware & factor in our :
tendencies & assumptions
perceptions & selections based on conditioning, beliefs and desires, focus, emotions
reconstructive memory affected by time, what we want to remember, and after-acquired information and suggestion.
Confident in our:
knowledge
ability to reason,[object Object]
Rethink what has been thought
Expand the emphasis from short-term fixes to long-term fusionWake up call,[object Object]
Common Decision Traps,[object Object],Framing ,[object Object],Status quo,[object Object],Anchoring,[object Object],Sunk cost fallacy,[object Object],Information gathering traps,[object Object],Overconfidence bias,[object Object],Availability,[object Object],Confirmation bias,[object Object],Generalization,[object Object],False cause,[object Object],Based on the work of Michael B. Metzger, Kelley School of Business, Indiana University,[object Object]
Framing,[object Object],Put the frame up first,[object Object],May clarify status-quo, anchor & sunk-costs,[object Object],The questions we ask very often determines the type answers we get,[object Object],To avoid this:,[object Object],Don’t accept the first frame – or queston,[object Object],“re-frame” or look at the issue from different perspectives, particularly from customer or stakeholder perspectives,[object Object]
Status-quo,[object Object],Like it or not, tendency is to perpetuate what we already know – like it or not,[object Object],Psychologically risky,[object Object],“breaking from the status quo means taking action, and when we take action, we take responsibility, thus opening ourselves to criticism and to regret.”,[object Object],Hammond, Keeney, Raiffa,[object Object],To avoid this:,[object Object],Focus on the real goals & ask how status quo helps move towards them,[object Object],Evaluate vs. all other alternatives IN TERMS OF THE FUTURE,[object Object],Ask outsiders to review your evaluations,[object Object],Kennedy & Jones, 2009,[object Object]
Anchoring,[object Object],What we hear or see first influences our subsequent thinking,[object Object],Past statistics & trends, an article, a colleague’s comment,[object Object],The order in which we receive info distorts our judgment,[object Object],To avoid:,[object Object],Be aware,[object Object],Purposefully use different starting points,[object Object],As you gather other people to discuss the issue, try to limit the information you give them,[object Object],Clarity what each of your base assumptions are,[object Object],Keep coming back to the issue on which you are focusing,[object Object],Kennedy & Jones, 2009,[object Object]
Sunk cost ,[object Object],People want to justify past decisions, regardless of how present & future change the situation,[object Object],Some cultures reinforce this by punishing decisions that haven’t turned out as planned,[object Object],To avoid:,[object Object],Consciously set aside past investments ,[object Object],a rational decision is based on current assets & future consequences,[object Object],Stop “sinking” costs into “sunk” costs,[object Object],Reward turn-arounds & “try’s”,[object Object],Kennedy & Jones, 2009,[object Object],“When you find yourself in a hole, the best thing you can do is stop digging.”  ,[object Object],Warren Buffet,[object Object]

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Critical Thinking Getting To The Right Decision For Cil 2010

Editor's Notes

  1. We all get stuck in our ways – we do, & our organizations do….
  2. It demonstrates clarity, accuracy, precision, consistency, relevance, sound evidence, good reasons, depth, breadth, and fairness.
  3. Is there anything more costly for our organizations? our customers? our careers? us?
  4. In fact I would go so far as to say our whole profession is dependent on our ability to demonstrate and teach critical thinking.
  5. Organizations, like people, can get set in their ways. Relying on established ways of working and solving problems not only stifles innovation but can lead to a lack of perspective and moments of delusion. Here are three ways to help your organization snap out of unhelpful patterns: Challenge rationalizations. Every organization has shared explanations for doing things the way they do. Poke holes in those rationalizations and ask the question: why is this standard practice?Expose faulty either/or thinking. False dichotomies can set up irrational choices about how to work. Don't let A or B be the only options, propose C or D as a new way of working.Focus on the long-term. Emphasis on the short term can trap you into current practice. Help your colleagues pull back, see the big picture, and understand not only short-term gains but long-term consequences.Today's Management Tip was adapted from "Keeping Your Colleagues Honest" by Mary C. Gentile.
  6. Framing – SHOULD occur at the outset of the problem-solving or decision-making – cuz it is all about defining the question that needs to be addressed – framing the task and the process – answer How am I framing this? Are there other ways to frame it? Is our frame shaping our solution? Is a win/win frame possible?
  7. Anchoring – the order in which we receive information can distort our judgment. Important to be conscious of your anchors and avoid letting irrelevant anchors distort your judgment. Ask – what are we focusing on? What others should we be considering? Example:
  8. Sunk cost fallacy – a rational decision considers only current assets (no wishful thinking) and is based on future consequences, respects laws of probability when consequences are uncertain.
  9. These two basic dimensions of behavior define five different modes for responding to conflict situations:Competing is assertive and uncooperative -- an individual pursues his own concerns at the other person's expense. This is a power-oriented mode in which you use whatever power seems appropriate to win your own position -- your ability to argue, your rank, or economic sanctions. Competing means "standing up for your rights," defending a position which you believe is correct, or simply trying to win.Accommodating is unassertive and cooperative -- the complete opposite of competing. When accommodating, the individual neglects his own concerns to satisfy the concerns of the other person; there is an element of self-sacrifice in this mode. Accommodating might take the form of selfless generosity or charity, obeying another person's order when you would prefer not to, or yielding to another's point of view.Avoiding is unassertive and uncooperative -- the person neither pursues his own concerns nor those of the other individual. Thus he does not deal with the conflict. Avoiding might take the form of diplomatically sidestepping an issue, postponing an issue until a better time, or simply withdrawing from a threatening situation.Collaborating is both assertive and cooperative -- the complete opposite of avoiding. Collaborating involves an attempt to work with others to find some solution that fully satisfies their concerns. It means digging into an issue to pinpoint the underlying needs and wants of the two individuals. Collaborating between two persons might take the form of exploring a disagreement to learn from each other's insights or trying to find a creative solution to an interpersonal problem.Compromising is moderate in both assertiveness and cooperativeness. The objective is to find some expedient, mutually acceptable solution that partially satisfies both parties. It falls intermediate between competing and accommodating. Compromising gives up more than competing but less than accommodating. Likewise, it addresses an issue more directly than avoiding, but does not explore it in as much depth as collaborating. In some situations, compromising might mean splitting the difference between the two positions, exchanging concessions, or seeking a quick middle-ground solution. Each of us is capable of using all five conflict-handling modes. None of us can be characterized as having a single style of dealing with conflict. But certain people use some modes better than others and, therefore, tend to rely on those modes more heavily than others -- whether because of temperament or practice. Your conflict behavior in the workplace is therefore a result of both your personal predispositions and the requirements of the situation in which you find yourself. The Conflict Mode Instrument is designed to measure this mix of conflict-handling modes.
  10. Integration – didn’t exist until FY07. Integration projection for FY10 – limited by resources for Develop and Revise (Develop – 500 hours) mainly Enhance projects projected. Course support – 18 Professors, 2 PMP, 7 Senior Lecturers, 2 Assoc, 2 Assistants, 1 Adjunct, 1 Visiting Professor.Organize the School’s priority information - IM – 2800 records, Leadership website – 4, Exec Ed (Program Finder) – 1756, Exec Ed Topics – 4193, American Capitalism – 1405, Agribusiness – 120, Economic Crisis – 238; Centennial assets catalog – 175. Web services – FY09 – 1 Intranet (Collaboration, MySites, Departmental sites); iTRAC – 3 projects; Maintenance – 50+, Other (Web) – 20; Most work for Marketing (1615 hours); KLS (1474 hours); Admin (1050 hrs – includes maintenance); Alum (827 hours); MBA (517 hours); Leadership (293 hours) Move to electronic – FY09 – represents data purchases for faculty up until March 12, 2009; FY10 does not include Faculty purchases. Continued investment in electronic. Paper represents serials (some contractual issues, some still in paper) Notice growth in electronic-based products – can do even more with new technologies although there will be a need for custom development. (web parts). IM – 35,348 unique visitors; ave. of 490 unique visitors per week. Linked to by economist.com, EIU.com, boston.com, ccn.com. OPMeBaker big hit – idea of developing a version for each long program (?)Global – 2/3rd of research requests have a global requirements – Q1 -96/Q2- 173 (BRS); Stronger ties with colleagues in Europe and in Asia. Unknown what we should/should not do with China. Some work in Latin America but reduced focus in FY09. Stronger partnership with Research Centers. Still think there is a lot we could be doing to support the work of the Research Centers. Looking at building China knowledge base as go-to place for business research on China. Faculty knowledge/reach – Working Knowledge Visitor growth is slowing (about 2M unique visitors a year); increased number of email subscribers (up 51.5% in three years); international up a bit (1%); important revenue lead for HBP; used as selling point for corporate relationships with Exec Ed (HP e.g.); now sliced specifically for the initiatives; picked up by other media. Added Economic Crisis site – unique visitors so far 41,593 – linked to by cnbc.com, Forbes.com, Wikipedia, ft.com, businessweek.com; Inside HBS (for HBS only – 822 unique visitors) ; starting stakeholder analysis on WK (Steering Committee – Paul Gompers, Valerie P., Brian K, Jean C)- think of it in context of larger issue of faculty dissemination