We have many different levels of thinking. Some of the things that we do in our lives, such as breathing, walking, blinking, etc become almost instinctive and we really do not have to think much about them. Some things require more thought, such as deciding what to eat, or what to wear for a particular occasion. There are even higher levels of thinking and these include our critical thinking abilities. Many scholars have noted that critical thinking is more of a skill than a process and it mainly consists of evaluating arguments. It is a purposeful, self-regulatory judgment which results in interpretation, analysis, evaluation, and inference, as well as explanations of the evidential, conceptual, methodological, or contextual considerations upon which the judgment is based (Astleitner 2002). In general, "critical thinking" is a mental activity of evaluating arguments or propositions and making judgments that can guide the development of beliefs and taking action. It has also been found that experts from economy and education nominated critical thinking as the most important skill in knowledge management (Astleitner 2002).
It is very important to make decisions the right decisions quickly, and this usually requires critical thinking on the part of the decision maker (Abelson and Levi 1998; Carroll and Johnson 1990). Decisions can be very simple (deciding what you are going to eat for lunch today) or very complex (deciding where and how to build your house). Thus, how much time a person ends up making a decision depends on the complexity of the situation and the nature of the decision. For managers in an organization, some decisions can be very critical for the firm. It is important that managers take responsibility for their actions and learn to make the right decisions in the appropriate amount of time. Taking a long time to make a simple decision and making a complex decision quickly can both have drastic effects on the organization. This...
Please join StudyMode to read the full document