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Critical thinking in business

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Critical thinking in business

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The Superhero Glasses of the Business World

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Imagine you are a toy maker. Everyone tells you that kids only want purple toy cars because purple is the prettiest color. If you just agree and build a million purple cars, you might go broke. Why? Because you did not ask *why* they wanted purple, or if they actually prefer blue! In business, **critical thinking** is like putting on a pair of magic superhero glasses. These glasses help you see through giant piles of rumors, guesses, and bad advice to find the actual truth. Instead of just believing the first thing you hear, a critical thinker stops and asks smart questions before making big decisions. ## The Power of the "Why" Many business bosses make mistakes because they follow the crowd. They do what everyone else is doing. But the most successful leaders do the opposite. They use critical thinking to pause and investigate. > "The important thing is not to stop questioning. Curiosity has its own reason for existing." This famous quote by the super-genius [Albert Einstein](https://en.wikipedia.org/wiki/Albert_Einstein) explains exactly how the best businesses survive. They never stop asking questions. When you use critical thinking in business, you do three special things: 1. **You become a detective:** You do not just accept a report that says "sales are bad." You look for clues to find out *why* they are bad. 2. **You spot the traps:** People often believe things that are not true just because they want them to be true. Critical thinking helps you spot these brain-tricks. 3. **You find hidden treasure:** When you look at a problem differently than everyone else, you find new ideas that other people missed. Without these superhero glasses, a business is just guessing in the dark. With them, a business can see the right path to take. --- ## What to Explore Next Now that you know how critical thinking works, what do you want to investigate next? - **The Five Whys:** How can asking the word "why" five times like a curious toddler help solve the biggest problems at companies like Toyota? - **The "Groupthink" Trap:** Why do groups of super-smart grown-ups sometimes make really silly decisions together? - **Tricking Our Brains:** What are "cognitive biases," and how do they trick business bosses into spending money on the wrong things?

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