How to Help Your Company Develop a Growth Mindset

You may think that relevant skills, qualifications, and experiences are all that is needed in your employees to ensure the success and future growth of your company.

However, you would be wrong.

Of course, all of those elements are important in creating a highly effective and productive team, but the ability to believe in one’s personal growth or self-improvement is just as vital.

If you have not yet heard of the phrase “growth mindset,” then prepare for your mind to be blown.

With hugely successful and profitable companies, including Facebook, Microsoft, Google, and Apple, already reaping the benefits of a growth mindset, surely now is the time for you to do the same?

What is a growth mindset?

A growth mindset is the belief that your abilities are not unmoving and resolute; that they can be nurtured, nourished, and fostered with the right direction and support.

Having a growth mindset culture within your company means that your employees have the potential to achieve anything and everything, as long as they are willing to put in the effort.

A person with a fixed mindset will:

  • Avoid challenges
  • Give up on their goals
  • Not be willing to put in any extra effort
  • Not be able to effectively take on constructive criticism
  • Feel threatened by other employees

However, an employee with a growth mindset will:

  • Actively embrace challenges
  • Tackle obstacles head-on
  • Embrace effort
  • Learn from their mistakes
  • Feel inspired by other employees’ successes

How to help your company develop that growth mindset

Now that you understand the importance of your employees having a growth mindset, you can begin the journey of inspiring growth mindsets within your business.

Focus on personal development

If you want to develop a growth mindset in your business, then you need to focus on the personal development of each of your employees. It is vital that you learn how to embed positive attitudes and behaviours in your employees, as well as how to eliminate any mindsets that are preventing your business and your staff from reaching their full potential.

Actively coach your team with a growth mindset

It can be a good idea to evaluate the current practices within your organisation to see if they encourage a growth mindset. For example, do you often see your employees falling into two groups, high achievers and then the rest?

If this is the case within your workforce, then you need to be able to coach your team so that they are more open to learning new skills or pushing themselves out of their immediate comfort zones.

Of course, you do not need to force multiple new skills or qualifications on your employees every year. However, it’s a good idea to identify which employees are uninclined to improve upon themselves due to a lack of self-belief so you can focus your attention on improving their mindsets.

Set developmental goals instead of performance related ones

If your company lives and dies by its KPIs, then now might be the time for a change. Somewhat unsurprisingly, performance related goals are more likely to be set by companies with a fixed mindset. However, developmental goals encourage your employees to take on new challenges and to push themselves in areas outside of their immediate expertise, which enables them to grow both as individuals and as employees.

Taking the initiative to help your company develop a growth mindset can benefit your company and your employees by:

  • Increasing motivation levels
  • Enhancing employee brain development
  • Lowering employee stress levels
  • Increasing performance levels
  • Encouraging personal risk-taking
  • Increasing employee commitment
  • Increasing trust among colleagues
  • Improving employee productivity

If you would like to explore  developing a growth mindset culture in your organisation, please contact us today on 01252 737526  or info@progressint.com