Story
Money in Jar
A group needs to estimate the value of coins in a glass jar. All the jars contain $10 plus or minus few cents. Estimators are asked to estimate the value of coins and all estimates need to be approved by an approver.
Estimators are rewarded for high estimates. Approvers are also rewarded as percentage of estimator's estimated amount.
Now the estimators are divided in 2 groups - they differ in only aspect i.e. high estimation change is either abrupt or slow.
How likely is the approver going to reject the estimate in Abrupt or Slow group?
Photo Adaptation / Flickr / karen_roe
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The type of thinking we do!
We engage in various types of thinking for solving different problems. Thinking is a problem solving process. A process in which we reason about something. Types of thinking, we do · Concrete thinking – When we think in terms of our perception of actual or concrete things. Also called perceptual thinking. · Conceptual thinking – When we use concepts and languages. Also called abstract thinking. · Reflective thinking – When we solve complex problems and use facts and knowledge in a logical way to arrive at the solution. · Creative thinking – When we create or construct something new or novel thing. Also called thinking out of the box. · Critical thinking - When we evaluate everything and step aside our belief system to discover the truth. · Divergent thinking – When we explore a number of alternatives. · Convergent thinking –When we combine a number of ideas to arrive at a solution. · Associative thinking – When we think which is non-directed and without a goal · Linear thinking – When we process information in a sequential manner. · Gestalt Thinking – When we see the big and whole picture.
Cognitive abilities such as thinking, reasoning and problem-solving are some of the key characteristics which distinguish us from other species.
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