...Project Portfolio Management at XYZ Pharma Early morning, Monday 29th August 2005. John Smith, head of portfolio management and strategic planning, was paging through the slides he had prepared for the Portfolio Management Board (PMB) meeting which would start at 9 am, and which was scheduled to last until Friday. “We have been preparing this meeting for weeks”, he thought, “and it seems the PMB has some tough decisions to make”. The PMB of XYZ Pharma, the pharmaceutical division of XYZ, one of the world’s leading companies in the life science sector, convenes yearly in August to review the composition of the research and development (R&D) project portfolio. It also meets on a monthly basis to monitor the project portfolio and make decisions regarding new developments. According to John Smith, “The PMB is an important decision making body because it shapes the future of the company by determining its product pipeline”. The PMB members include the CEO of XYZ, the CEO of XYZ Pharma, the heads of the different business units, the heads of Development, Research, Global Marketing and Strategic Planning, the regional heads for the US, Europe and Japan and the functional managers for Regulation, Clinical, Licensing, Technical Research and Development, and Patents. The portfolio group, led by John Smith, had analysed the project portfolio carefully and had highlighted several potential threats that required action. According to John, “There will be an in-depth discussion of which...
Words: 337 - Pages: 2
...Critical Thinking Concept Analysis During exposition of the nursing theory, there is a general understanding that concepts are the ones which are building blocks explaining a phenomenon and providing structure to science. Moreover, concepts contribute to theory development and strengthen nursing practice through research, plus via concept analysis, many vague terms gain a valuable meaning at the same time improving a quality of care (Bousso, Poles, Cruz, 2013). Therefore, one of the crucial concepts in nursing, in my opinion, is critical thinking which Facione (2013) is identified as cognitive skills which include interpretation, analysis, evaluation, inference, explanation, and self-regulation. Consequently, those presumptively acquired attributes...
Words: 916 - Pages: 4
...Description of Evidence Evidence 1: The first piece of evidence demonstrating the criteria related to critical thinking is a concept analysis paper written on the topic of Critical Thinking in Nursing, completed for NUSC 5003, Theory in Nursing, in the Spring Semester of 2015 (Appendix A). The purpose of this paper was to expand on the interpretations of critical thinking including the analysis of the characteristics or qualities of critical thinking in nursing based on selected literature reviews from multiple disciplines using the Walker and Avant model. Incorporates multiple perspectives in the advanced practice learning process (i.e. diverse ways of thinking, roles). In this paper, I analyzed diverse concepts of critical thinking by...
Words: 395 - Pages: 2
...Charter Oak State College requires new students to take this class, IDS 101 Critical Thinking Seminar. The purpose of this class is to help students with techniques of critical thinking and research writing. This is my first class, It was recommended by my advisor and PSY216. I have been lucky enough to enjoy the material that professor Clifford has chosen for this class, specially Outliers from Gladwell. I have seemed myself making connections with the author and the way he expresses his finding, I found it interesting, and made think beyond just his theories. I have also enjoy participating with faceless classmates for eight week and discuss many point of view and opinions from different background and cultures, obviously, we are quite different...
Words: 302 - Pages: 2
...Analysis Using Critical Thinking Model: Cliffside Holding Company Memo University of Maryland University College Introduction Amidst this barrage of information in today’s world, it is often difficult to make a decision and stand by it, assured that it was the most advantageous to all those involved. Fortunately, critical thinking is a tool available to assist in making well thought out decisions in the face of contradictory opinions and impulsive actions. In Asking the Right Questions: A Guide to Critical Thinking, Browne and Keeley (2013) explain that critical thinking is “reacting with systematic evaluation to what you have heard and read” (p. 4). They further assert that critical thinking “requires a set of skills and attitudes that are built around a series of related critical questions” (p. 4). By asking the right questions, we employ the skill of critical thinking to enhance what and how we process information. To examine the concept of critical questions, this paper will analyze a business document from Cliffside Holding of Massapequa using the critical thinking model outlined by Browne and Keeley (2013) in Asking the Right Questions. Analysis Mr. Anil Ravaswami, Vice-President (VP) of Human Resources (HR) of Cliffside Holding Company of Massapequa (CHMC), wrote a memo to CEO Cynthia Castle in response to her request for the evaluation of a proposal for a new leadership development program to be designed for Cliffside’s junior insurance executives (personal...
Words: 2691 - Pages: 11
...A Critical Thinking Analysis of Penn-Mart’s Health Care Strategy Revisions Dennis D. Puskas University of Maryland University College DMBA 610 September 21, 2014 Abstract The following paper will use a set of 10 critical thinking steps recommended by Browne & Keeley to objectively analyze the memorandum sent by Salvador Monella who is the Senior Vice President of Human Resources to the Board of Directors at Penn-Mart. Mr. Monella has conducted a review of Penn-Mart’s healthcare strategy involving a number of issues including cost to the company and employee involvement, to name a few. The purpose of the review, findings, discussion and recommendations will all be analyzed using critical thinking skills in an objective manner. As discussed in Browne & Keeley, the three dimensions of critical thinking will be used identify the best decisions available. Each of the 10 critical thinking steps and questions will be thoroughly explored and examined in a logical and systematic approach (Browne & Keeley, 2012). The final goal of the following analysis is to provide the reader with concrete examples of how to view the Penn-Mart business memo regarding their healthcare strategies. Question 1: What are the Issue and Conclusion? The issue and conclusion can be found both implicitly and explicitly in the last sentence of the memo contained within the “Purpose” section. Mr. Monella states that after their internal review of the matter at hand, he recommends that...
Words: 1835 - Pages: 8
...CRITICAL THINKING ANALYSIS OF MARTIN LUTHER KING’S SPEECH, “I HAVE A DREAM” Martin Luther King uses a strong approach to deliver a speech full of encouragement and motivation for the deprived freedom of blacks living in American in the mid-1900s. With a recording break crowd in attendance in Washington in August 1986, Martin Luther King expresses the experienced suffering and demand for change in the lives of blacks. His purpose is clear and without hesitation. As I listener, I felt his passion that was supported by his appropriate boundaries to live equally. With the limitations and challenges King faced during that time, I can understand why his speech is a significant milestone in our country’s history. King makes the listener understand that his purpose is to fairly achieve the long overdue equality blacks have been robbed of. He is clear in his mission and has no intentions of entertaining such an mission with wrong doings or harm. I can only imagine, while during this time in American history the blacks had lived with so much oppression and discrimination, how challenging it would have been to approach such freedom with proper actions. Although King is trying to gain something in his speech, he is not driven by a selfish motive. He distinctly states his purpose and strategizes on the actions needed. At the end of his speech, I ask myself, “Do I agree with the necessity of blacks’ freedom?”. King presents his speech in a manner that is realistic, future...
Words: 583 - Pages: 3
...ABSTRACT This study aims at putting critical thinking in action evaluating the ethical approaches effective for managers making company decisions. Ethics, in the working place, refers to the rules of the workplace that an employee has to comply with, along with the rules of society. Lauren a quality engineer in her company is faced with an ethical challenge to sign or not to sign fraudulent report to produce a product that does not meet quality standard of the customer .In the study, the concept of ethics has been examined using principles of ethics, followed by a conceptual framework of making ethical decisions. Lauren is meant to determine using five ethical principles, what is right and wrong, fair and unfair, respect of human rights, the virtuous principle and the common good principle. Ethics generally means the “just” or “right” behavioral standards in a situation between individuals. Social principles including justice and right are “generally accepted” (Browning, J. & Zabriskie, N.B. 1983, p. 219). Ethics is a discipline that investigates the doings of humans as a special problem field and examines the entities and characteristics of this field and the principles (values) governing this field, and whether the doings of human beings are dependent or independent (Taylor, 1975, p. 1). In the analysis of the case results from the five ethical principles suggest that Lauren should not sign the report since it is unethical and fraudulent perhaps the company may come up with...
Words: 1502 - Pages: 7
...I plan to use my critical thinking skills when it comes to decisions involving myself and the people I love within the next ten years by taking time to evaluate an important decision such as finances because these choices will positively or negatively impact my life or the life’s of my loved ones. I have been told on several occasions by people in my family that I should plan to live my life off of half of my paycheck and then put the other half in a savings account. By doing this my family swears that I should be able to retire by the time I am fifty-five. This could be very beneficial to me because the profession I have chosen has a high pay rate which will be great for my monthly savings account. My aunt on the other hand thinks that I...
Words: 453 - Pages: 2
...For the Critical Thinking Activity #2, I chose to do the first scenario that involves an ethical stand point. This scenario is about a student entering an imaging program and has discovered that there has been a lot of changes since this student was accepted. The changes involve lack of funding, no internships, fewer instructors, instructors teaching classes they never have before, and less patient time at clinicals. This student feels trapped in the program because it's too late to go into another program and learns of the new marketing materials after the program began. The main dilemma is, why did no one show this student the changes, and what is the effect on the student. The ethical theory and model I am going to use to make my decisions in this dilemma is the deontology theory and the contractual model. I am using the deontology theory because it uses formal rules of right and wrong. It it the foundation for...
Words: 557 - Pages: 3
...EDUCATION Critical thinking and analysis: a model for written assignments Sharon L Edwards W hat is critical analysis? In the author’s personal experience this question has been answered by the following statement: ‘It is being critical of the literature.’ However, this does not answer the question. A literature search also failed to provide any information on critical analysis. The justification for developing a model for critical analysis, however, was not solely the lack of available literature. Other reasons included: to provide a definition of the terms; and to help both educationalists and students interpret the concepts involved. Nurse educationalists and nursing students lack a clear understanding of the critical processes and this could severely diminish the profession’s ability to articulate issues that are imperative to the advancement of nursing practice in the future. This article recommends a model of critical analysis that can be used by students and educationalists. It suggests that critical thinking and analysis are interrelated and complementary, but not synonymous. It gives examples of the model’s components in order to clarify their meaning. The model will hopefully give students a premise on which to base their assignments, and nurse educationalists will be able to incorporate it into their teaching practice. It will also provide an element of reality to critical analysis which will prevent it from becoming so abstract and idealistic as to render...
Words: 6508 - Pages: 27
...------------------------------------------------- Top of Form Bottom of Form Enterprise Architecture Justification Paper Purpose of this Assignment This assignment gives you the opportunity to apply your critical thinking skills and understanding of the course concepts to explain how the enterprise architecture (EA) and/or the EA program benefits an organization. This assignment specifically addresses the following course outcomes: * describe enterprise architecture (EA), the appropriate application of EA frameworks, and an overall ongoing EA program * analyze and examine how enterprise architecture and enterprise systems influence, support, and enable an organization's ability to contribute to strategic decision making and to respond and adapt to the business environment * apply EA concepts to support business requirements and identify opportunities for enterprise solutions Assignment Using the DMV case study provided, determine how an EA could be used to help the DMV accomplish the objectives stated explicitly and implicitly in the case study. The organization discussed in the case study has many issues with its current environment and many changes that it wants to make. It has not established an EA program yet. The purpose of your paper is to briefly explain what an EA program is, and then justify a recommendation to establish an EA program for the organization. You should provide at least four specific examples from the case study to show how an EA program...
Words: 1375 - Pages: 6
...The Relationship between Critical Thinking and Ethics Critical Thinking and Ethics The late Dr. Wayne Dyer said “When you change the way you look at things the things you look at change”. Our perceptions and judgments reflects how we think about things and the decisions we make which influence our lives. Critical Thinking is the ability to be self disciplined and practical in order to make factual and rational decisions and/or judgments. Ethics are the morals we use to make those choices. Critical Thinking and Ethics go hand in hand as it takes someone with good moral standards to think critically. The Critical Thinking Process The following six aspects of the critical thinking assist in developing critical thinking skills: Remembering- Recalling information relevant to the topic or idea of what is being conveyed. Comprehension- Understanding the topic or issue and relate new knowledge to what you already know. Application- Carrying out a task and apply what one has comprehended. Analysis- Breaking down information to demonstrate how ideas are related or connected. Creative- Combining what was analyzed with other information to come up with something new. Evaluation- Making informed assessment based on comprehension, application, analysis and creative thinking. Everyone has daily...
Words: 538 - Pages: 3
...ECN 400 WEEK 3 SITUATION ANALYSIS To purchase this visit following link: http://www.activitymode.com/product/ecn-400-week-3-situation-analysis/ Contact us at: SUPPORT@ACTIVITYMODE.COM ECN 400 WEEK 3 SITUATION ANALYSIS ECN 400 Week 3 Critical Thinking: Situation Analysis (Hospitals) (70 ) Select an article in a newspaper or magazine that discusses a government policy on goods or services. Analyze the situation and in 600-1200 words: • Summarize the article using at least three economic terms and theories covered in class. • Identify the impact of the policy on Demand or Supply of the good(s) or service(s). Discuss the change(s). • Draw a supply and demand graph to explain this change. Be sure to label your graph and clearly indicate the change of the curve. ECN 400 WEEK 3 SITUATION ANALYSIS To purchase this visit following link: http://www.activitymode.com/product/ecn-400-week-3-situation-analysis/ Contact us at: SUPPORT@ACTIVITYMODE.COM ECN 400 WEEK 3 SITUATION ANALYSIS ECN 400 Week 3 Critical Thinking: Situation Analysis (Hospitals) (70 ) Select an article in a newspaper or magazine that discusses a government policy on goods or services. Analyze the situation and in 600-1200 words: • Summarize the article using at least three economic terms and theories covered in class. • Identify the impact of the policy on Demand or Supply of the good(s) or service(s). Discuss the change(s). • Draw a supply and demand graph to explain this change. Be sure...
Words: 775 - Pages: 4
...Thinking Versus Critical Thinking Paper Terri Jones CJS/225 August 3, 2015 Carol Thomas Thinking Versus Critical Thinking Paper Thinking is the foundation of everything we do. Every action, every solution, and every decision we make is the result of thinking. Thinking skills are the mental processes that we apply when we seek to make sense of experience. Thinking skills enable us to integrate each new experience into the schema that we are constructing of the way we view things. However, critical thinking is thinking but in a different way. Critical thinking is a process. Critical thinking is manual rather than automatic thinking. Critical thinking is purposeful. Therefore, the thoughts must elevate to a higher meaning. Also, critical thinking means that we are aware of the partiality of your thinking. There are various levels of critical thinking skills, such as knowledge, comprehension, application, analysis, synthesis, and evaluating. Knowledge in critical thinking means to remember, recall, or retrieve information. Comprehension in critical thinking means to understand or grasp the meaning from information. Also, comprehension means to state the problem or concept in a new situation. Application in critical thinking is using the studied information, or implementing the material. Analysis in critical thinking is separating or breaking down material or concepts into components in order to understand the structure better. Synthesis in critical thinking...
Words: 723 - Pages: 3
