Why having a growth mindset is so vital in business?
Having a growth mindset is believing you can continue to learn and acquiring new abilities with experience and effort. It contrasts with a fixed mindset, that occurs when someone believes to have a predetermined set of talents and skills that cannot be improved or expanded.
Every now and then, some keywords circle around the business world and become the thing, the topic everyone wants to discuss and promote in its business.
However, when this happens, a mild temptation may come: throwing the idea away just because everyone seems to be clinging on it.
But think it slowly. What of the two mindsets seems to be more adequate for business? The answer is evident. That’s why we’ll tell you why a growth mindset is so vital and how to build it in business.
It leads to innovation
A fixed mindset hinders growth. If you believe your team cannot learn new capabilities, then, your business cannot evolve. A growth mindset encourages learning, innovation, and development. It’s the base of organizational transformation.
In an ever-changing business world where so many companies have to use new technologies and face constant technological competition and innovation, a growth mindset is not a “plus,” but a necessity. Do or die.
It’s not easy…
However, you may face some difficulties in the way. Workers may have a fear of erring or failing, as they can have more traditional mindsets. Lack of risk-taking reduces innovation and self-confidence. Not wanting to leave the comfort zone is the #1 enemy of a growth mindset.
That means the first to embrace a culture of growth mindset must be the leaders. They must create an environment where workers can lose the fear of being judged or making mistakes to embrace new ideas and acquire new skills.
Moving towards a growth mindset is much more than just launching it and letting it develop naturally. It’s not a workshop, nor a branding campaign. It’s a profound change on the vision you have over your business and transmitting it to your crew.
Four ways to build a growth mindset
Now that we know it’s importance let’s state some easy ways to start creating a growth mindset in your business.
Embrace imperfection and face your challenges and mistakes
We all have our flaws and peculiarities. If we don’t understand that, then we can’t leave our comfort zone to innovate and be creative. That’s why it’s vital to face our challenges and see them as opportunities to grow.
Promote constant learning
The business world changes almost daily thanks to technology, social media, and globalization. You have to pass from a know-all mindset to a learn-all mindset. You cannot know the answers if you don’t ask the right questions.
Listen and encourage real conversations
Learn to listen to your workers. Don’t limit yourself to performance checks nor to mere chit-chat while getting a cup of coffee. When you start listening, you start knowing your team and understanding what may stop them from embracing a growth mindset.
Growth Mindset will get you a step ahead
Knowing how to leverage a growth mindset will give you an environment that promotes creativity and innovation. But the first one to embrace it must be the leader. You need to be willing to go the extra mile and to know everyone makes mistakes. Using a solution-driven approach towards problems and facing challenges seeing them as opportunities will help you walk towards a growth mindset.