Analytical Thinking and Innovation

1. Analytical Thinking
&
Innovation

2. Analytical Thinking
Session Objectives
Fundamental understanding
Identify specific tools and techniques
Framework for managing project issues
Know how to present viable solutions

3. Analytical Thinking
Importance
Decisions can
make
or
break
your career
Look
before making a
critical decision

4. Analytical Thinking
Basic definition
Don’t
take what you read as given
It helps you to gather information,
articulate, visualize and solve
complex problems
Evaluate & Question

5. Analytical Thinking
Example
Analytical
System
Knowledge = How thing works
Understanding = Why things
work the way they do

6. Analytical Thinking
Scientific approach
Problem
Hypothesis
Facts
Analysis
Solution
Defining the problem
Formulating the hypotheses
Collecting the facts
Conducting the analysis
Developing the solution

7. Problem becomes known when
Is Ought to be
Analytical Thinking
Problem identification

8. Analytical Thinking
Problem identification - Tools
Benchmarking/
Comparative study
Performance
reports
SWOT Analysis Complaints
analysis
Surveys
5 Why’s Fishbone Force field analysis Scatter Diagrams Process Mapping

9. Analytical Thinking
Formulating the hypotheses
A specific,
testable
& tentative
statement that
can explain the
problem
Issue Diagrams
Brainstorming

10. Analytical Thinking
Collecting the facts
Using Available
Information
Observing
Interviewing
Administering Written
Questionnaires
Conducting Focus
Groups

11. Analytical Thinking
Conducting the analysis
Testing the
hypotheses &
making
sense
of collected
information

12. Analytical Thinking
Developing the solution
Choose the
solution with
the
greatest
impact
15% principle
First 15% in time invested is the
most crucial

13. Analytical Thinking
Key messages
100% prepackaged
solution
DOESN’T
EXIST
No solution is
guaranteed
NOPlan…
Set milestones…
Develop performance measures…
Revisit requirements if needed…