Human Relations Study Set 2

Business

Quiz 6 :
Problem Solving and Creativity

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Quiz 6 :
Problem Solving and Creativity

A "rigid thinker is one who is not flexible in his thoughts. Such people have a prescribed rulebook for everything and always adhere to the same in the way they think. Some of the symptoms or signs of a "rigid thinker" would be as follows: • Unnecessary use of authoritative language. • Are not good listeners. Because they are not open to suggestions and inputs from others. • Not open to criticism. • Does not respect suggestions of other people. • Will have a preconditioned ideology. They are not open to new ideas easily. They are tough to convince. • Very rarely accept the thinking of other people even if it is right. They would not promote innovation.

The following is an example which demonstrates an example of a person who is risk averse or loss averse. A person who has a long run family owned business due to his risk averting nature, he doomed his business. When the person being discussed here joined his family business after completing his education he got the business in a very successful condition. He joined as the head to carry forward the business and was expected to take the business to some new heights. He was expected for adding to the success mainly because he had a high qualification in business. What actually happened when he starting heading the business was that the business eventually went down and finally doomed into losses. This happened mainly because the person had a very risk averting nature. Whenever he was suggested by his strategic managers to follow a risk taking strategy like investing in some new products which seemed to have a growing prospect in the market, he refused. This was simply because of the reason that he feared bearing losses a lot. He never had the capacity to take decisions involving risk. He despite of the fact that due to his wrong decisions and not taking risks his business started to decline and lose customers to competitors, did not improve. Finally because of huge losses that his business was not able to recover of his business closed down. It is clearly visible that if he had taken correct decisions and dared to take the required risks his business would have flourished and reached new heights.

Intuition is the gut feeling or prior feeling about the happening of an event that a person has. This sense develops as a result of experiences or intelligence. The intuitions are not guided by logic every time. However, the intuitive feeling of experienced and intelligent professionals is very important as a guiding principle. The reasons why intuition is helpful in work and personal life are as follows: • Intuition gives you a prior idea about something that is wrong. • Intuition helps you develop better relations with other people. This is so because intuition tells you what to say in different situations that will be liked by the other individual. • Intuition is also helpful while taking investment decisions. Intuition guides you to the decision as to where to invest and where not. • Intuition helps you in deciding what you want to pursue as a career. Intuition tells you whether you are interested in something or not. • In situations where you do not get help from anyone else it is your intuition that helps you to decide what to do and what not. • Intuition will help you understand the other person's situation if anything goes wrong between both of you. Following is an example of how intuition was advantageous to a person in work: A person made changes without informing his manager in a business plan that was to be presented to a client. He intuited that the level of his manager's anger was going to cross limits when he came for the meeting. So this intuition helped him to prepare for the manager's harsh reaction beforehand. What he did was that he prepared a detailed report of why the changes were required and how it would make the presentation more effective. The next day before the manager could burst out in anger he presented his detailed report with explanations to him. The manager appreciated his efforts and cooled down. Finally the presentation with the client went very well and they got the deal. From the above example it is clear that how intuition can be helpful in different situations.