Growth Mindsets have been recognised for over 20 years, and with companies like Microsoft finding this helps them innovate and thus triple their revenue and double their profits* despite intense competition from Google and Apple, others are starting to wonder whether they shouldnāt be taking the idea more seriously.
*Source: Hit Refresh: How A Growth Mindset Culture Tripled Microsoft’s Value (T. Vander Ark, Forbes.com)
Building a Growth Mindset can do more than improve leadership development, engagement and performance. It can also offer a real advantage in helping equip individuals with a mindset that will enable them to cope when the pressure is on, so that pressure remains a positive factor.
In addition to helping manage stress, the benefits of growth mindset cultures can be significant:
- Workers have 47% higher trust in their company
- Workers are 34% more likely to feel a sense of ownership and commitment to the future of their company
- Workers show 65% stronger agreement that their company supports risk-taking
Dweck, C., Murphy, M., Chatman, J., & Kray, L. (n.d.). Why Fostering a Growth Mindset in Organizations Matters. In Senn Delaney.
Why Do Growth Mindsets Help Us Cope With Pressure?
Well, because theyā¦
1) encourage us to tune into thoughts, to question their accuracy and helpfulness. Out of perspective , irrational, unhelpful thoughts are major contributors to stress
2) recognise the need to stretch out of our comfort zones without fear of embarrassment or failure (Remember FAIL = First Attempt in Learning). Those that try and protect themselves from being seen to fail, have a frail sense of self or are highly attuned to their status can often risk the stagnation that accompanies the fixed mindset
3) value connection within teams…where it becomes possible to fail without risk of humiliation and to present half an idea without fear of reprisals.Ā
So What Are Growth And Fixed Mindsets?
If we have lots of fixed mindset thoughts we are easily threatened by othersā achievements which can lead to controlling behaviour, both in how we handle and take credit for work and how we treat colleagues. The ramifications of a fixed mindset are poor for individual development as well as team cohesion and the culture of an organisation as a whole.
Growth mindset thoughts are about not fearing failure and being willing to put ourselves up for a challenge. There is the belief that with effort and support we all have the capacity to succeed, particularly when this is viewed as a chance to grow.
Growth Mindset Research
Dweckās research has shown that when children read and learn about the brain; how malleable it is, and how it grows and changes when responding to a challenge; they are more likely to carry on and try again if they donāt succeed.
This knowledge encourages them to have a thirst for learning, welcome a challenge, look for alternatives, value effort and not see failure as something permanent ā in other words, they develop a growth mindset simply byĀ tuning into their thoughts.
In the workplace, those with a growth mindset believe talents and abilities can be developed, appreciate the value of mistakes and criticism; and thus pick themselves up to find a solution, seize challenges, and find the success of others inspiring rather than threatening.
Building a Growth Mindset Culture
Some of the areas you can focus on when helping build a growth mindset culture include:
- What opportunities can the organisation offer that helps employees identify and build their strengths, for example by making use of Insights Discovery Personal Profiles
- How can we develop self awareness and a willingness to put forward ideas without fear of embarrassment if these are knocked back.Ā Ā
- How to empower employees to be more curious and constantly seek ways to improve how they carry out their role and achieve objectives.
- How can we help those that struggle with failure, who are too quick to say, āI canātā, and donāt believe in the power of effort.
- What enables employees to have the confidence to step outside their comfort zone and try new approaches
- For leaders, how do we encourage reflection on the benefits a Growth Mindset culture can bring to an organisation and whether an emphasis on striving for success could be inhibiting risk taking and hindering learning through fear of failure; rather than success evolving from failure and employees learning and developing from this.