Mgt350 Critical Thinking Strategies in Decision Making

Thinking Critically Simulation Review

MGT350 Critical Thinking Strategies in Decision Making

February 5th 2008


























Introduction

  This paper will discuss the teams summary and evaluation of the Thinking Critically Simulation Review. This paper will answer the following questions; what problem evaluation tools and techniques were encountered in the simulation and how do they differ from the tools and techniques that we would have used in this situation? How did these techniques assist with the evaluation of decision – making processes and outcomes? What was the outcome reached in the simulation and what changes in our decision making techniques would have generated better results? A decision has been made and implemented. The decision maker now has a series of questions to answer to determine the value of the outcome. Was the solution successful? How successful was it? How do we know? What do we do if it is not successful? Discovering the extent to which a decision accomplished the set objective is one factor in ensuring that the decision is perceived as successful, (Abdulhaqq, 2008, p. 1).
Problem evaluation tools and tool encountered in simulation
        In the simulation many tools were encountered although they were all consistent with the content of the course. For example, it was apparent that the decision making model in the simulation was a replica of the University of Phoenix decision making model that was used during the course. After proceeding through the identification and implementation stages, the most challenging phase of the simulation-evaluation was encountered. In the course we are taught “There are two benefits of acknowledging the risks that are bound to go with any critical decision you are about to make,” (Langdon, 2001, Ch. 7, pp 1). After properly implementing decisions, there was a cross road to evaluate how the teams decision impacted the company. Most of the team was...