Decisions For Today's Fast Moving Business Environment example essay topic

515 words
Leadership and decision making skills are the two most important skills that employers are looking for in their new employees (Halliwell). These skills are important for successful business leaders. The success of a business depends on the ability of employees to quickly make critical decisions and to influence other members of the organization. Great business leaders have always possessed great intellectual and emotional traits.

In this electronic digital information age, information travels quickly. Decisions must also be made quickly. Management does not have the time or specialist knowledge to analyze all of the issues that come up. The world requires quick responses and correct decisions. The business world is changing and becoming a very quick and competitive environment. Today's top management executives are self confident and energetic individuals who can make quick decisions.

They like this competition and like to problem solve. It is important that management places strong emphasis on problem solving techniques if this is important to the success of the organization. Model I describes the critical decision making process. All people bring to a situation their values and past experiences. This influences a person's ability to solve problems. Hunter and Hunter found that the single most predictor of job success was intellect.

In the search for a person who can make decisions in the fast-paced business environment, employers often ask potential employees to analyze information and make decisions within a specified period of time. These tests will select individuals that can process many types of information at the same time and be able to make decisions for today's fast moving business environment. The selected individual for any successful business must also be flexible in their ability to handle day to day happenings. The decision making process from Model I can be outlined in a four step cycle. This cycle includes: - A problem must be defined and the need for a solution - All the necessary information must be gathered from all available sources - Common sense and logic must be applied to the decision - The potential positive and negative impact of the decision must be considered I found several similarities between the Eight Part Process Model For Critical Thinking and Keys to Critical Thinking by Rick Halliwell.

Everyone brings their past experiences to a situation and this influences their decisions. Both selections mention the person's perception of a problem. People always bring their emotions to a situation but now with the need for speed in decision making, critical thinkers need to learn to handle emotions and not totally ignore them. These emotional situations are what make people different from machines.

Critical thinking can not be separated from language because it is used to gain an insight into ourselves and others. We use language to solve problems. The problem solving technique is basically the same in the two articles. A problem has to be identified, possible solutions outlined, and a solution found quickly.