Monday, May 26, 2014

Managing Thinking Process

In 1919 when the army discharged Conrad, he wanted to buy a bank for $75,000. But after seeing his eagerness to pay that amount, the offer went up by $5000. Though he could afford to pay the extra amount, he decided to sleep (intuition) on it in an hotel (direction). What happened from that night till the following morning changed Conrad life and his generation. Today Conrad Hilton’s family is the owner of Hilton Hotels worldwide.

Also Coca-cola would have bought Pepsi for $1000 because pepsi’s owner, Charles Guth, was ready to let it go at that price then but due to wrong strategies employed, pepsi remains coca cola’s main competitor today.

Similar cases in Nigeria would be APC and PDP falsified political strategies or some Governors and Ministers that have been snared over the years.

Also are some Banks and Companies that switched off and went off the radar to go into liquidation and organizations that took decisions to operate out of their scopes, once many too often.

Some decisions which were thought to be right forced some big corporations in Nigeria out of the market.
In the instances above, making the right or wrong decision does not only separate the rich from the poor, but it is also a tiny line between the rich and the poor or between life and death.

Turning problems to opportunities involve physical, psychological, mental and spiritual decision making reasoning machinery.

Reasoning is the process of examining data (facts, information, evidence, observations, and experiences) and drawing inferences, judgments, and conclusions from the data. Some people argue that by definition reasoning is always critical. However, the reality is that we confine much of our reasoning to the surface; we quickly identify the problem and then implement a solution that seems to solve it. Too often, we attack the symptom of the problem short-circuiting the reasoning process and any creativity.

MANAGING THINKING PROCESS involves what it takes to be greatly successful in effective organizational Administration.

What to consider!
  • Making creative leaps
  • Looking at problems from different perspectives
  • Simplified process for creativity
  • A powerful integrated problem solving process.
  • Subconscious problem solving.
Scope
  • Creative and logical thinking
  • Power Negotiation
  • Power Persuasion
  • Confident Decision Making
  • Leadership thinking
  • Understanding disruption
  • You are your own obstacle
What to learn:
  • Understand the basic principles of critical thinking
  • Consider the implications of the problems and proposed solutions
  • Practice applying principles of critical thinking to a problem
  • Examine ways to enhance creativity
  • Understand and learn how to avoid mental bias
  • Recognize physical, mental and spiritual obstacles to creativity.
  • Practice applying creative thinking to a problem
Conclusion
In Nigeria, are wrong decisions the causes of all the below listed scenarios whether it’s good or bad?
  • The 'missing' 20 billion dollars!
  • The removal of Central Bank Governor Sanusi Lamido Sanusi from office.
  • Former Aviation Minister, Stella Oduah, and public fund issue on bulletproof cars.
  • Mrs. Diezani Allison-Madueke the Petroleum Minister and private jets.
  • The Minister of Interior, Abba Moro and immigration jobs fees and the resultant death.
  • The National Assembly, the Presidency on 2014 late budget.
  • Poor implementation of previous budgets
  • Federal government spending 4 billion naira on hosting the World Economic Forum for Africa (WEFA), a programme that lasted for just 3 days!
  • The threat posed by Boko Haram
  • And Internationally, Russia and Ukraine
  • North Korea that threatens
  • Syria and the citizenry
  • The collateral buy-out of companies in Europe
  • The missing MH 370
  • Chinese and Arabian takeovers
By Tunde Omitogun

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