Leadership & Critical Thinking for Building Business Success

Leadership & Critical Thinking for Building Business Success

Critical thinking - what is it, why is it necessary?

During a recent interview with¬†Tom Martin Media, we discussed effective business building strategies in any environment. Here’s a short synopsis from the call. My friend Amy Frost calls this the GRACEE method for critical thinking.

When broken down into it’s key components, critical thinking is a set of simple skills. All that is required is the willingness to develop them, use them, and follow through.

G for Goals: Make sure your goals reflect your vision and purpose. When the challenges arise, and they will, a strong enough reason will give you to momentum to get you through to the other side. Some people call this your why. I call it my north star. When your goals are compatable with your deepest internal values it is easier to stay the course. Write them down! Refer to them often.

R for Resources: Goals without the resources necessary to implement them don’t get you far. Cultivate and build strong networks. Take the time to list those people, resources, and training you or your staff may need in order to succeed. Think of the bigger picture. Treat everyone as though they are a valuable resource – they are! Look for collaborative ventures and keep your commitments to yourself and others – that will help build and strengthen your own best resource – yourself.

A for Action: Goals and resources are useless unless you take meaningful steps every day to bring you toward your goal line. Small things, done consistently and well, will do a whole lot more for your company than sporatic fits of frenzy. Be vigilent when fear, worry or doubt come calling. More often than not, speed is of the essence – and where the money is. Analysis paralysis has killed many a potential deal. As UCLA coach John Wooden said, “Be quick but don’t hurry.”

C is for Control: Be wise about what you can or cannot control within your organization. Encourage and develop those in your organization to become team members. Ultimately the brain power and inspiration from a well functioning team will take you where you cannot go alone. I know more than one CEO who has helped crash and burn their business when they refused to delegate and divide their overwhelming responsibilites.

C for Change: Feedback is king. Today’s successful leaders have the ability to turn on a dime. Flexibility and resiliency makes more money than rigid and “that’s the way it’s done here.” Employees who are encouraged to contribute and collaborate as valued team members are more likely to help you keep a pulse on the business and alert you to any problems or opportunities.

E for Evaluate: When you stay focused on your goals, continually gather your resources, build and maintain your team, and remain flexible, you will find you have built a sturdy vessel that can ride out just about any business storm. Consistently evaluating and re-evaluating both your successes and failures will help you adjust, adapt, and capture new opportunties as they arise.

Some of the most promising business breakthroughs come when others are riding out the “economic storms” by remaining in the harbor. Let GRACEE be your guide.