Reflective thinking involves experiencing something, thinking about what happened, and learning from the experience. It is a process of self-awareness, self-improvement, and empowerment. Two key models of reflective learning are Kolb's learning cycle, which involves experiencing, reflecting, thinking, and testing ideas, and Schon's model of reflection-in-action during an experience and reflection-on-action afterwards. Reflective thinking leads to better understanding of strengths and weaknesses as well as identification of areas for improvement.