Growth mindset focuses on the process more than outcome for growth
Psychologist Carol Dweck presented in her book “Mindset: The New Psychology of Success” that there are 2 types of mindsets which are growth mindset and fixed mindset. And she stated many growing companies effectively apply the growth mindset to their employees. The growth mindset person has a mind which knowledge and skill can be improved by efforts and actions and failures are necessary processes in learning. And even if the person with a growth mindset fails, the person can be motivated to conquer the failure. Therefore, the person with a growth mindset tends to focus on the process of learning from experience rather than the outcome.
According to the article of Harvard Business Review, “Employees in a growth mindset company are 47% likelier to say that their colleagues are trustworthy, 34% likelier to feel a strong sense of ownership and commitment to the company, 65% likelier to say that the company supports risk taking, and 49% likelier to say that the company fosters innovation.”
In the world where business environments constantly change, a company with a fixed mindset which thinks intelligence and talents are fixed and not believing in the growth will have difficulty surviving. The world is now shifted that only a company with a growth mindset which truly believes in the infinite potential of people and keeps challenging for new innovation can last.