AMA: Analytical Thinking, Problem Solving and Decision Making (2558)

AMA: Analytical Thinking, Problem Solving and Decision Making (2558)

Overview

Duration : 2 Days

Get powerful problem-solving skills to more successfully reason through business problems

Today, it's everyone’s job to effectively solve problems. Analytical thinking and problem solving are foundational thinking skills that involve breaking things down into their component parts. They also involve deductive reasoning, drawing conclusions from givens and applying judgments to reach conclusions from a combination of evidence and assumptions.

This seminar introduces you to fundamental thinking processes so that you can successfully analyze and solve a wide variety of business problems. Get these essential analytical thinking and problem-solving skills now to give yourself a powerful competitive and career advantage!

Objectives

  • Learn a process for breaking down complex problems into their components and gain clarity around possible solutions
  • Apply strategies and techniques to avoid emotional triggers that can impede your best thinking
  • Explore how to generate solutions to atypical problems and then test the solutions
  • Know how to accurately interpret probability and other methods for increasing certainty in your judgment
  • Learn strategies for negotiating among variables and conditions
  • Recognize the difference between rationality of purpose and rationality of process

Course Outline

  • Understanding how we think and reason
  • Identifying underlying factors that explain why intelligent people do irrational things
  • Using a four-part model for effective reasoning
  • Balancing multiple conditions impacting a business situation
  • Comprehending the foundations of conditional logic (if x, then y) and disjunctive logic (x or y), and when to use them
  • Identifying the barriers and challenges to effectively using different kinds of logic
  • Exploring the difference between logical analysis and facts
  • Exploring the three aspects of probability and their application in business
  • Moving from pieces to the big picture and creating/testing solutions
  • Identifying common patterns to look for in data
  • Comprehending the hypothetical method and its two stages: formation and testing
  • Problem-solving skills and first steps: seeing patterns, abstracting to models and developing hypotheses
  • Using data to form and test a hypothesis
  • Beyond fundamentals—moving from analytical thinking to critical thinking
  • Applying the four components of analytical reasoning to a real-life work situation
  • Tying it all together and forming your action plan
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Course ID:
2558


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