The Importance of Smart Thinking

Bill Welter
1 min readOct 2, 2023

For the past few months, I’ve been writing about thinking disciplines and have offered a framework of a new offering coming from MindPrep Resource Center and Elevate.ac.

Good thinking?

But in case you’re wondering if this “smart thinking” stuff is needed, I offer the following examples of faulty thinking.

· 1970s — Ford Pinto gas tank problem

· 1986 — Challenger space shuttle

· 2002 — Enron

· 2002 — Iraq War

· 2003 — Columbia space shuttle

· 2005 — U.S. response to Hurricane Katrina

· 2008 — Financial crisis

· 2008 — Yahoo rejects Microsoft acquisition offer

· 2008 — Bernie Madoff Ponzi scheme

· 2010 — Blockbuster bankruptcy

· 2010 — Deepwater Horizon

· 2010 — Greek debt crisis

· 2011 — Fukushima Nuclear disaster

· 2015 — VW emissions scandal

· 2016 — Theranos

· 2016 — Brexit referendum

· 2016 — Wells Fargo fake accounts

· 2018 — Facebook / Cambridge Analytical scandal

· 2018 & 2019 — Boeing 737 Max crashes

· 2020 — responses to Covid-19

· 2021 — GameStock stock saga

· 2022 — FTX crypto failure

Maybe people who make and implement decisions for your organization need “this stuff.” Details to follow.

See you next week,

Bill

--

--

Bill Welter

Here’s Bill: Marine Corps enlisted and officer, manufacturing engineer, business consultant, and five-book author. And I love facilitating webinars & workshops.