‘Great Minds Think Alike” - An old saying
The unique ability to think before acting differentiates humans from other species. However, there are many occasions when we need more time to think things through or the issue is too complex or misleading, which may easily lead to biases or wrong decisions. In such moments, we would rely on some thinking frameworks built on top of the collective wisdom of our predecessors. We define these frameworks as thinking systems built on top of mental models.
The framework can save us time, allowing us to quickly analyze and assess situations and make informed decisions with deeper insights. These frameworks let us remain in control when under high pressure by enabling us to think clearly and communicate our thoughts clearly and logically for maximum effectiveness, especially when under high pressure. The frameworks can also prevent errors and biases. As the old saying goes, "When all you have is a hammer, everything looks like a nail." Our limited viewpoints and biases can obstruct our judgment. Using a framework, we can think beyond our usual boundaries, broaden our outlook, and be more thoughtful, mainly when dealing with intricate circumstances and demanding difficult decisions.
During my MBA studies, I discovered that a significant part of education involves learning various thinking frameworks such as the 3C3P model for market analysis, Porter's Five and SWOT for competition assessment, and the value chain analysis for supplier evaluations. Here, we have compiled a collection of useful thinking frameworks or mental models including: One more thing before we step away: We know that knowing mathematical and physical formulas isn't enough to truly master a subject. "Having a hammer doesn't make you a carpenter." To master framework thinking, we must continuously practice their applications in real-life scenarios and use them flexibly to reap their benefits.
The framework can save us time, allowing us to quickly analyze and assess situations and make informed decisions with deeper insights. These frameworks let us remain in control when under high pressure by enabling us to think clearly and communicate our thoughts clearly and logically for maximum effectiveness, especially when under high pressure. The frameworks can also prevent errors and biases. As the old saying goes, "When all you have is a hammer, everything looks like a nail." Our limited viewpoints and biases can obstruct our judgment. Using a framework, we can think beyond our usual boundaries, broaden our outlook, and be more thoughtful, mainly when dealing with intricate circumstances and demanding difficult decisions.
During my MBA studies, I discovered that a significant part of education involves learning various thinking frameworks such as the 3C3P model for market analysis, Porter's Five and SWOT for competition assessment, and the value chain analysis for supplier evaluations. Here, we have compiled a collection of useful thinking frameworks or mental models including: One more thing before we step away: We know that knowing mathematical and physical formulas isn't enough to truly master a subject. "Having a hammer doesn't make you a carpenter." To master framework thinking, we must continuously practice their applications in real-life scenarios and use them flexibly to reap their benefits.
Editor's Notes: The practice of framework thinking is important not just for its speed, but also to avoid the "we know it all" mentality that can hinder us. This mindset may cause us to overlook problems that arise from our biases or limitations and prevent us from gaining new insights.
