Rationality is used to analyze the data and facts gathered through systematic reasoning. In other words, rationality is the habit of acting by reason in accordance with the facts of reality.
The only alternative is acting by whim or notion which may result in undesired consequences. This is because an action based on a belief in a particular cause-effect relationship will not occur if that relationship is invalid. Irrational behavior often not accepted by the society.
In organizations, leaders and senior management may ask you to analyze things rationally supported by facts and figures as well as past evidences.
Having said the above, the world is fast changing. We are in a dynamic world. What occurred in the past may reoccur again but the solution required may not be the same. The older generation may think the same medicine will cure the same disease. But this may not be true. The virus mutates themselves and requires different medicine. Similarly, in managing the economy, the current issues and crisis require different solutions and cannot be based on past theories.
That’s why before accepting or rejecting any proposals whether it is rational or irrational ideas we need to carefully analyze. Thinking way out of the box will lead to some saying it is foolish idea but in reality that idea may resolve the problems we face.
Note: Me - will try to think from all angles and some may say even say that
I am crazy
1 comment:
I remembered in 97/98 economic crisis where our approach to overcome it is so "out-of-the-box" and yet it was so successful. I also remembered Tun Dr M said how he carefully analyse the underlying cause of the problem before decided to peg ringgit agaist dollar. But think again, is it worthwhile to take risk to trying something new (to be out of the box) when your "old method" was successful?
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