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Definition: Parallel Thinking is a co-operative and co-ordinated thinking approach.
The Six Thinking Hats method is one simple and practical example of carrying out PT, described first by de Bono in his book with the same name.
With the traditional argument or adversarial thinking (established by Socrates, Plato and Aristotle), each side takes a different position and then seeks to attack the other side.
With PT, both sides (or all parties) are thinking in parallel, in the same direction. The direction itself can be changed in order to give a full scan of the situation. But at every moment each thinker is thinking in parallel with all the other thinkers.