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Showing posts with the label Contemporary

Decisions, Decisions, Decisions: Science vs. Intuition

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According to the Oxford Dictionary a decision is "A conclusion or resolution reached after consideration". Decisions form the basis of our day-to-day lives, from the most mundane to the more substantial that require time and effort. As a marketing student, I've been exposed to the importance of effective decision making. Making a good decision can be the difference between survival or failure, especially with the growth of competition and innovation. What I personally find interesting is the argument of scientific versus intuitive decision making. I first came across this idea during my A-Level studies. Scientific decision making is using logical techniques such as probability and expected value to come to a final decision (Read more here ) The above diagram demonstrates the scientific decision making process. It suggests to start with setting objectives, usually SMART (Specific, Measurable, Achievable, Realistic and Time-Based) in order to provide direction and...

Who Lives, Who Dies, Who Tells Your Story?

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In 2018,  HIIK  observed a total of 372 conflicts worldwide-- 57% being violent, and 43% non-violent. It is confounding that so much conflict occurs over our world, but I want to focus on the re-telling of these stories and what we can learn from them. Below are three re-tellings of stories from conflicts and their importance. 1. Hamilton: An American Musical Hamilton about the life of Alexander Hamilton, one of America's Founding Fathers. It highlights his rise out of poverty set within the American War of Independence. (Read more  here ) The musical demonstrates the importance of re-telling the story of the war, and helps to educate people about the founding of the USA. Admittedly, I had no idea what the story was prior to seeing it, and I was blown away by both the music and the brilliant storytelling of an event that I normally wouldn't take an interest in. The finale of the show 'Who Lives, Wh...

Critical Thinking: What's the deal?

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'Too many facts, too little conceptualising, too much memorising and too little thinking' -- Paul Hurd Arguably, critical thinking is one of the most important skills a person can learn. Being able to 'sift through the noise' (From this  article)  in order to conclude concisely is highly valuable. My time in education has spanned the majority of my life. From learning the basics in primary school, to honing my knowledge in college, I've been exposed to many ideas and skills. However, it was only at the end of college that I was exposed critical thinking, why? One could argue that the education system is concerned with broadening horizons, teaching culture, history and a basic level of literacy/numeracy. However, you could also argue that the education system is not encapsulating the advanced skills needed in the workplace, making it challenging to learn these when its the most vital. I personally feel that these skills would have been so valuable to have le...

Upcoming Posts

As a part of my studies at university I am required to create a series of blog posts in which I discuss a number of contemporary ideas that have an impact on organisations and individuals in business. These posts will appear here, and I hope that what I am discussing is of some interest. As a student I find myself wanting to read about business topics, however struggle to digest some of the information that is presented to me, so I am hoping that these posts will be both easy to read and relatable for all. Let me know what you think.