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Showing posts with the label group think

Do You Have an Opinion or a Persuasive Argument?

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What makes the difference between an opinion and a persuasive argument? People love their opinions, but are based on thoughts, feelings, and wishes of the individual and don’t always have validity. It doesn’t matter if one is in college, a seasoned manager or running for political office, creating a persuasive argument leads to credibility. Their emotions may drive people, but it is their logic that makes them worthy of your ear. Persuasive arguments are reinforced by substantial information that is reasonable and logical in its construction of the conclusion. The average person can see the argument as reasonable based on shared knowledge. They can follow the information and make the same conclusion as the speaker. Opinions based on emotions and quick judgments often lack enough supportive information to be worthy of attention. They can use emotions to draw a crowd into a frenzy but lose their appeal once people start to question the logic. Over time, the emotional appeal f

Guarding the Mind for Better Business Strategy

Strategic decision making is not easy and comes with a number of fallacies that blind us to the actuality of the world around us. Executives should be aware of their bias and how this impacts their strategic decision-making. Using a few critical thinking tools helps to guard the mind from bias and ensure that decisions are more likely to be successful and have the largest impact. Executives are faced with all types of different types of pressures that range from investors to employees. Each person comes with their own influence and opinion. At times a presiding opinion forms and this puts pressure on everyone else to accept the premises of those opinions without providing critical thought. When you are at the top and your decisions impact a large group of people you don't have the luxury of making momentous mistakes.  The mind is seen as a manufacturing unit that results in the product of thoughts. These thoughts help us to reach conclusions about varying topics, beliefs, debat

How Groups Can Foster or Thwart New Product Idea Formation

Groups working together can be an enhancement to problem solving. This problem solving can be put to good use in developing products and services. Perpetually developing and advancing products and services help to develop market penetration, revenue generation, and greater opportunities. A paper by Nijstad & Stroebe (2006) delves into the idea generation process and how associated memory highlights categories   that lead to problem resolution.  The idea generation process is the first step in finding solutions. According to Raaijmaker and Shiffrin’s people search their associative memory (SAM) to find new ideas (1981). They search through their memory creating a flow of thought whereby ideas and concepts spring forth by connecting various concepts, breaking them apart and generating concepts.  Maintaining the free flowing stream of consciousness is important. Ideas should a.) be focused on quantity versus quality, b) seek unusual ideas, c) combination and improvement o