the importance of logic in business

25

Upload: goutama-bachtiar

Post on 20-May-2015

3.337 views

Category:

Business


6 download

DESCRIPTION

Delivered for logic and critical thinking course at Institut Teknologi Bandung's School of Business Management (SBM-ITB).

TRANSCRIPT

Page 1: The Importance of Logic in Business
Page 2: The Importance of Logic in Business

INTRODUCTION www.linkedin.com/in/goutama

Page 3: The Importance of Logic in Business

Presenter Profile 15 years of experiences: 12 years of Training and Education, 8

years of IT Audit, 7 years of strategic partnership, 8 years of

writing and development, 6+ years of consulting and project

management

Advisor at Global Innovations and Technology Platform

VP - Head of Information Technology at Roligio Group

Subject Matter Expert at ISACA

Program Evaluator at Project Management Institute

Association of Educational Communication and Technology

International Division Committee

Contributor for ZDNet Asia, Forbes Indonesia, Youth Marketers,

e27.co, The Jakarta Post, DetikINET and InfoKomputer among

others

Page 4: The Importance of Logic in Business

Today’s Agenda

Redefining Logic

Why Important?

Common Sense

Ways of Thinking

Logic in Business

Why so Important?

Logic Competency

in Business

Page 5: The Importance of Logic in Business

Redefining Logic

No relevancy with gender, age issues

Result yielded from human brain

Driven by skeptical and critical state-of-

mind then raised critical thinking

To have a common ground about

something

Page 6: The Importance of Logic in Business

Why Important? Human is “Ubermensch” (Nietzsche, 1944)

Help us learning to think properly

Focus our mind so we can come up with a logical

solution

More rational in our decisions

Helps other understand reasoning behind issues which

could be applied in other issues as well

Page 7: The Importance of Logic in Business

Common Sense Determines what we do, regardless of what we think

For if we use logic alone, we would probably be able to

take only a few actions a day

Helps us to deal with real world complexity

Provides shortcut to making critical decisions very

quickly

Sometimes will produce desired results whenever we

need to make a decision quickly, but not always

Page 8: The Importance of Logic in Business

Ways of Thinking

Trainable, programmable (method,

technique)

Some are: Out-of-the-box, Critical,

Strategic, Lateral, Programmatic

Independent from human brain capacity

Involved big and little, left and right brain

Page 9: The Importance of Logic in Business

Thinking Out-of-the-Box Encompasses 1.5kg, 1200cm3, 86 billion neurons and

16.3 billion cerebral cortex human brains

Against mainstream

Brings creativity and even more innovation

Within inside VS outside the norm

Page 10: The Importance of Logic in Business

Critical Thinking

“A desire to seek, patience to doubt,

fondness to meditate, slowness to assert,

readiness to consider, carefulness to

dispose and set in order; and hatred for

every kind of imposture.” – Francis Bacon

(1605)

Page 11: The Importance of Logic in Business

Critical Thinking (cont’d) Primarily concerned with judging true value of statements

and seeking errors

“Your MAP is NOT your TERRITORY” – Richard Bandler

and John Grinder NLP Co-Founders (1979)

Common Stages

1. Identify, define and clarify the problem

2. Gather information

3. Evaluate information

4. Choose the best alternative and present them

5. Implement the solution

Page 12: The Importance of Logic in Business

Strategic Thinking

• Ability to see the total enterprise, to spot the trends and

understand the competitive landscape, to see where

the business needs to go and to lead it into the future

• Needs strong foundation of critical thinking

Thinking process applied by an individual in the context

of achieving success in particular endeavor

Mostly utilized for or within strategic planning process

Page 13: The Importance of Logic in Business

Strategic Thinking (cont’d)

Page 14: The Importance of Logic in Business

Lateral Thinking Popularized by Psychologist Dr. Edward de Bono

(within his book, 1975)

Logical ('vertical') thinking carries a chosen idea

forward, sideways ('lateral') thinking provokes fresh

ideas or changes the frame of reference

Page 15: The Importance of Logic in Business

Lateral Thinking (cont’d)

Page 16: The Importance of Logic in Business

Programmatic Thinking

Trending due to Neuro-Linguistic Programming (NLP) Richard Bandler and John Grinder

How to program our minds with our words

Targets unconscious minds in particular

Sublimed and in the end change our behavior

Page 17: The Importance of Logic in Business

Logic in Business Consists of unwritten rules, which set up a framework

for companies’ mode of action and possibilities for

custom-oriented actions.

Sloan Jr. (1950, p 58) ”There is a logical way of doing

business in accordance with the facts and

circumstances of an industry… ”

Then what need to do? Understand, adapt to it or to

break with it, thereby creating something new

Way of thinking utilized by business executives

Page 18: The Importance of Logic in Business

Why So Important? Part of business decision making process

Utilized for scientific approach

Objective, waive the subjectivity

Solid, firm baseline

Arguable, debatable

Requires for quantitative analysis

Complements qualitative analysis

Page 19: The Importance of Logic in Business

Why So Important? (cont’d)

Understanding the logic in business

and reasoning behind a given aspect

of reality

We may be able to adapt, grow,

leverage and capitalize using the

same reasoning particularly in

challenging situation

Page 20: The Importance of Logic in Business

Why So Important? (cont’d) Logic link cause to effect, action to reaction and input to

output in business world

By finding result, we use logic to analyze

Basis of learning methodology and decision making

Bad logic link effect to false cause (“Fallacy”)

Catalyst of reason, the foundation of experimentation

and the weakness of a lie

Page 21: The Importance of Logic in Business

Why So Important? (cont’d)

When applied in strategic management

process, it involves generation and

application of unique business insights and

opportunities

In the end, it is aimed to form competitive

advantage of an organization

Done individually or collaboratively to shape

organization’s future

Page 22: The Importance of Logic in Business

Logic Competency in Business

Citing Jeanne Liedtka (1998)

Systems perspective

Understand implications of strategic actions and has

complete end-to-end system of value creation, his or

her role within it

Intent focused

To marshal and leverage their energy, to focus

attention, to resist distraction, and to concentrate at the

max achieving a goal

Page 23: The Importance of Logic in Business

Logic Competency in Business (cont’d)

Thinking in time

Hold past, present and future in mind at same time

creating better decision making and speed

implementation

Hypothesis driven

Ensuring creative and critical thinking incorporated into

strategy making

Intelligent opportunism

Being responsive to good opportunities

Page 24: The Importance of Logic in Business

11 March 2014

Q & A

Page 25: The Importance of Logic in Business

THANK YOU!