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Need assistance? Call Member Services (866) 538-1909 or email [email protected] Developing the 21 st Century Leader with Critical Thinking & Business Acumen To Listen Over The Web: To listen, un-mute your computer speakers and turn up the volume, go to “Voice” on the menu bar at the top of your screen and click on “Join Audio”. If you do not have this option please use the Q&A interface for technical support.

Critical Thinking & Business Acumen

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Need assistance? Call Member Services (866) 538-1909 or email [email protected]

Developing the 21st Century Leader with

Critical Thinking & Business Acumen

To Listen Over The Web:

To listen, un-mute your computer speakers and turn up the volume,

go to “Voice” on the menu bar at the top of your screen and click on “Join Audio”.

If you do not have this option please use the Q&A interface for technical support.

Need assistance? Call Member Services (866) 538-1909 or email [email protected]

Joy Kosta, Team Leader

Organizational Development & Leadership

Human Capital Institute

Today’s Moderator

Join our LinkedIn group!

http://bit.ly/HCIwebcasts

Send email to [email protected]

to connect on LinkedIn

Follow me on Twitter @joykosta

Blogwww.hci.org

Developing the 21st Century Leader with Critical Thinkingand Business Acumen

June 8, 2011

HCI

Welcome and IntroductionsPresenter

Judy Chartrand is the Consultant Chief Scientist at Pearson TalentLens where she works extensively with corporate clients, helping them implement solutions that foster employee development, high potential engagement, career management, and succession planning. She received an Early Career Award from the American Psychological Association for her work in the career development field and she recently authored the book Now You’re Thinking!

• 21st Century Skills that Make the Difference

• Critical Thinking – Raw Material for Building 21st

Century Competencies

• Building a Thought-Based Organization

Today’s Agenda

Challenges of the 21st Century Workplace

Economy’s Shift to Service Jobs Requires More/Faster Decisions

21st Century Reality

Unprecedented Access to Information

Globalization and Geopolitical Events

Increasing Skepticism of Clients

Shift from Procedures to Making Decisions on the Flyff

Meet your Future Leaders

Are they…

Making sound assumptions?

Asking the right questions?

Making good decisions?

And every day employees make decisions with

imperfect & incomplete information.

Everyone thinks, but few think critically

431 Employers Say New Employees Aren’t Thinking Critically

We Have a Critical Thinking Deficit

Yet It’s the #1 Workplace Skill

• Strategic Thinking 64%

• Leading Change 56%

• Ability to Create Vision & Engage Others 54%

• Ability to Inspire 47%

• Understand total enterprise and 47%

how different parts work together

Source: 2009/2010 Executive Development Trends Report

http://thinkwatson.com/downloads/2009-Development-Trends-Report.pdf

Critical

Thinking

What Key Skills Do Emerging Leaders Lack?

Critical Thinking 101

A Framework for Better Thinking

Critical Thinking Means Many Things…

Recognize Assumptions

• Discerns facts from opinions.

• Recognizes implicit assumptions

Evaluate Arguments

• Systematically evaluates information,

focuses on relevant, accurate information

Draw Conclusions

• Arrives at conclusions that logically follow from

the available evidence

RED Model of Critical Thinking

Improving Critical Thinking Improves Other Skills

Leaders with Business Acumen • Truly understand how their company makes money

• What their company really offers customers

• How it compares with the competition

They • Accurately sort through assumptions

• Figure out which factors are most important

• Make decisions that deliver clear, measurable business results

Business Acumen: An Application of Critical Thinking

Building a Thought-Based Organization

Thought-Based Competency Pyramid

Developing the Right Skills, Using the Right Resources, at the Right Level

Examples: Building Strategic/Critical Thinking

Company 1: Challenge and Goals

• Who: Fortune 500 Company

• Challenge: Major division recently reorganized into a vertical structure; figuring out how to operate more effectively

• Goals for Development: strategy, business development, decision-making, increasing effectiveness of teams

• Need Leaders who can:

• evaluate possibilities…opportunities…future risks

• identify what decisions need to be made now to impact future

Kick-Off Training Solution

Agenda

•Define Strategic Thinking

•Discuss Importance of Strategic Thinking in Leading XXX Business

•Review Thinking Behaviors Essential to Your Role

•Practice Using a Critical Thinking Framework

Format

•4 1/2 Hours Duration

•Action Learning

•Teams strategically analyze business

•Produce a tangible outcome that business can implement

Recognize Assumptions

Potential Pitfalls:

• Attributing errors to people

vs. the situation.

• Interpreting information in a

way that benefits our self

interest.

What could cause you to blindly accept and not challenge and/or

investigate?

What are your own beliefs?

What assumptions are unstated?

What do and don’t you know?

ACTIVITY:Strategic Thinking Exercise

• Break into small groups.

• Select one of the XXX business challenges discussed earlier in the workshop that you think needs to be addressed.

• In your group, and following the RED Critical Thinking Model, develop a strategic plan that you will be asked to present back to the group in one hour.

Company 2: Challenge & Goals

• Who: Top 100 Healthcare Network

• Challenge: Implement Innovative Best Practice Talent Management Program; Leader in Healthcare Industry

• Goals • Excel in Quality and Safety (top tier in industry)• Exceptional Patient/Customer Service• Easy to Use, Cost-efficient Provider

• Need Staff Who Can• Assess Situation and Respond Appropriately• Make Sound Decisions & Proactively Offer Solutions

Strategic Training Solution

Resources

• Watson Glaser Dev.Report

• CPI Coaching Reportfor Leaders

Solution

• Assessment & Feedback• 1-2 sessions • Follow up w Manager

Individual Contributors and Managers

2009

2011

Solution

• On-line, Self-Paced• Social Learning Community

Resource

• Critical Thinking University

Watson-Glaser™ Development Report

Gives Learner

• Objective Feedback on Skill Level

• Examples of Skilled & Unskilled Behaviors

• Specific Suggestions for Skill Development

• Opportunities for Reflective Learning

• Specific Development Plan

Critical Thinking University™

• Online learning in a

social learning community

• Business relevant content

• Self paced: optimal time

is 3-6 months

• Dashboard for HR to

monitor progress

• Pre and post tests to

measure learning

Reources: Building Strategic/Critical Thinking

Learning Through Story and Self Exploration

Critical Thinking Model My Thinking Styles

Analytical Clear-thinking, orderly and rational

InquisitiveCurious, alert and interested in their surrounding world

Insightful Prudent, humble,and reflective

Open Minded

Intellectually tolerant and fair-minded

SystematicConceptual, process-oriented and intuitive

Timely Efficient, reliable and responsive

Truth Seeking

Independent, tough minded and skeptical

Critical Thinking Seminar #2533

•2 Days•One of AMA’s most popular classes

Advanced Critical Thinking #2228

•2 Days• Emphasis on applying critical thinking in challenging situations

Critical Thinking Boot Camp

Phase 1: Assessment and Alignment

(2-4 weeks prior to workshop)

• take Watson Glaser assessment

• meet with your manager to identify high

priority business challenges

Phase 2: Action Learning workshop

(2 days)

• receive Watson Glaser results

• learn critical thinking techniques

• develop an action plan

Phase 3: Acceleration and Accountability

• 1 month progress monitoring report out

• communicate success out to organization

Chad Fife, Marketing Manager:

[email protected] or 210.339.5366

Judy Chartrand: 651-257-1833

www.ThinkWatson.com

Learn More at

Thank you!

Please join us for the next webcast in this series on October 5, 2011

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