WHY ANALYTICAL THINKING IS A GREAT ASSET

At the heart of analytical thinking lies the ability to deep-dive into complex issues and fix problems or devise solutions based on facts. That is, information or data that has been organised, analysed and visualized (in certain contexts), to communicate meaning and inspire effective change.

Analytical skills are valued by employers because they indicate a professional can logically approach complex problems and situations and arrive at well-thought-out solutions.

As a bonus, it’s transferable across all industries and roles. Although perhaps most essential to roles in business analytics or project management, it’s also critical to industries from law, finance and accounting to creative services like marketing.

Professionals who possess analytical skills in a workplace can:

Contribute to decisive decision-making:?using step-by-step processes to make deliberate and informed decisions communicates to employers that you can think objectively and conveys confidence in your work output.

Find innovative solutions:?by breaking down a problem into smaller parts, and analyzing and evaluating different solutions, analytical thinkers can determine the best actionable solution for a given challenge that a business may be facing.

Increase productivity:?being able to solve problems efficiently can help improve operations and therefore increase the productivity of a company or business.

Plan and prioritize effectively:?analytical thinkers have the foresight to prevent issues from happening and are experts at breaking downs tasks into manageable steps to create well-structured action plans.

Require less supervision:?analytical thinkers are good decision-makers even under pressure and are less prone to making mistakes.

How to train your analytical thinking

Developing analytical skills can be approached in a variety of ways – from playing brain games, asking questions and honing your observations skills, to a more structured and formal approach through education and training.

Reading and understanding business case studies of which not only survived in the long run but also thrived . There lies the strategies and analysis of how they tackled some of the most important problems in their businesses and grew to position of strength .

Thanks for reading this article . This was my first one on the platform and i would love to share my experiences as an Analyst (data,business,and financial)