Effective Thinking

I found your link to effectual thinking and contingencies very interesting and thought provoking. As we have learned through our reading this week, effectual thinkers begin with means and motivation. Without clearly defined steps, and effectual thinker’s approach is agile and adaptable, leveraging contingencies with pliable course corrections to adapt to inevitable uncertainties and look for new opportunities, also known as the lemonade principal, thereby controlling the outcome (Lin, 2017). Whereas causal thinkers aim to create a map of their goals and analyze situations to predict uncertainties in order to control the outcome. While the un-unks (unknown unknowns) are inevitable, the approach in how to manage them, by the effectual or causal thinking, is very different; adapt to control vs analyze to predict and therefore control.I appreciate the colorful element you added to these two decision making processes that lead me to investigate more about other factors that influence the inputs and outputs of the two approaches.Lin, W. (2017, April). The mechanisms of transition from effectual to causal thinking in entrepreneurial contingency. International Journal of Business and Management, 12(5), 51-63. 10.5539/ijbm.v12n5p51