3. Grow your research portfolio
4. Don’t Isolate, Collaborate
5. Remote Collaborations
6. Utilizie Virtual Platform
7. Community Engagement
8. Create a kinder Community
Intuitive vs. Analytical
The analytical way of thinking is rational and step-by-step. It usually tries to comprehend and address or solve a problem or issue by breaking it down into its basic elements. It's frequently fairly method-driven, with models and frameworks that have been carefully considered (and sometimes based on research). The real options analysis, which is used to plan technological investments, and the business model canvas, which is used during new business creation, are examples of these.
The intuitive way of thinking, on the other hand, is guided by gut instinct and confidence gained through experience. It makes strategic decisions based on observed indications and trends from the internal and external organization environment, rather than following a predetermined set of analytical steps. It relies on the individual's ability to construct their own internal strategies of making sense of strategic dilemmas because particular explicitly available equations are not followed.
These various ways of thinking have their own set of benefits. For example, an analytical approach to a particular issue will typically be open and allow objective contributions from multiple persons, allowing them to collaborate based on a shared understanding of a model or framework. In most cases, an intuitive method is quick and efficient. It is based on the ability to read meanings from observable patterns and create solutions swiftly using mental and experiential abilities.
Of course, there are disadvantages to these benefits, and the disadvantages of each technique are often obvious. Analytical methodologies frequently fail when confronted with complicated situations, unable to cope with the range and amounts of variables. Because of the reliance on models, it necessitates specialized knowledge, such as an understanding and use of the Black-Scholes model for real options valuation.
