Future Fit Skills – Do you have a growth mindset?

Welcome and thank you for reading FUTURE PROOF, a monthly thought-provoking series where we share insights into the future of the workplace and just thought leadership pieces.

Want to stay informed?

Subscribe to this series using the button above and let us know what you want to hear about next week using?#futureproof ?in the comments below.

Future Fit Skills – Do you have a growth mindset?

Do you believe qualities such as intelligence and talent are fixed or changeable traits?

Opinion by Dr Eric Albertini of the?Future Fit Academy

There is a powerful Buddha proverb that says:?The mind is everything. What you think, you become.

Mindset refers to a set of deeply held beliefs, attitudes and assumptions that form habits of mind, playing a fundamental role in how we view ourselves, the world, our circumstances and ultimately, whom we become.?Your mindset reflects the thinking that occurs when you are presented with a situation or task, how you react to stimuli and how you navigate life.

Decades of scientific research into motivation show that a ‘growth mindset’ – which holds that skills and abilities can be improved in ways that shape the purpose of the work that you do – leads to academic achievement, relational fulfilment and professional success.?Future Fit leaders with a growth mindset are those who embrace challenges and persevere when faced with adversity. They are leaders who are willing to take on complex tasks and learn through their efforts. They do not fear failure, nor do they see success as final.

The concept of a growth mindset was created by psychologist Carol Dweck and made popular in her book, “Mindset: The New Psychology of Success”.?In recent years, this concept has been taken into the workplace. According to Dweck, a mindset is a self-perception or “self-theory” that people hold about themselves. Believing that you are either “intelligent” or “unintelligent” is a simple example of a mindset. It is this mindset – whether you are aware of it or not – that has a deep effect on your learning success, skill acquisition, personal relationships, professional success and many other dimensions of life. In short, mindset is what you value, and guides the corresponding choices that you make.

A Fixed Mindset versus Growth Mindset

A key area of Dweck’s research is that of the fixed versus growth mindset:

• With a ‘fixed mindset’, people believe that qualities such as intelligence or talent are fixed traits and spend their time documenting their intelligence or talent rather than developing them. A person with a fixed mindset believes that talent alone creates success and effort has no impact.
• With a?growth mindset, people believe that intelligence and talent can be developed through dedication and hard work, and that these are just the starting point. This mindset creates a love of learning and resilience that is essential for great accomplishment. Here ‘hard work beats talent, when talent does not work hard’.

?The main difference between the two mindsets is the belief in the permanence or changeability of intelligence and ability.

Risk and inhibitors of a fixed mindset

The key risks of a Fixed Mindset are:

• It decreases self-knowledge. The most damaging effect of a fixed mindset is the emphasis on external rewards and validations rather than internal development.
• It inhibits risk-taking due to a fear of failure, limiting growth opportunities and decreasing motivation.
• It causes unhealthy competition in that self-worth is linked only to extrinsic accomplishments such as academic scores, trophies or professional status.

?

Why is a growth mindset important in the future world of work??

The difference between fixed and growth mindsets can significantly impact workplace performance. In addition to the personal development benefits, a growth mindset makes employees better team players. It is also one of 15 critical future-fit skills defined by the Future Fit Academy as fundamental to being relevant and competent in the future of work.

Managers with a growth mindset benefit their team substantially and here’s why:

• A growth-oriented manager is open to feedback and ideas from employees without interpreting it as scepticism towards their capabilities and leadership ability. Feedback is seen as an opportunity for improvement, rather than a personal slight. A growth-oriented manager does not subscribe to doing things the way they have always been done – but rather embraces opportunities to innovate.
• Regarding coaching and mentoring, managers with growth mindsets are better at approaching and guiding people because they believe that one’s ability can be cultivated and developed. They are driven to invest more into coaching, training and mentoring. The growth mindset leader nurtures a growth culture in the organisation.

On the flip side, managers with fixed mindsets tend to believe in the initial impressions they have of people and their staff – if the manager regards an employee as a high performer or poor performer, they retain this opinion even when an employee shows regression or improvement in their performance. Conversely, a growth-oriented leader will be more responsive to the changes in their employees, meaning both negative and positive changes are well-noted regardless of their previous performance.

Leaders with a Growth Mindset:

• Achieve greater diversity
• Drive motivation and achievement and inspire more
• Make room for growth and facilitate a learning culture
• Are feedback fit and encourage dialogue
• Seek out challenges and don’t fear failure

?Much research has been done on Growth Mindset, yet there are still misconceptions about what it is and isn’t. Three common myths to be aware of are:

• Myth 1: You either have it or you don’t.Simply not true! We all have a mix of fixed and growth mindsets that change based on our experiences and the feedback we get.
• Myth 2: Growth mindset is about being positive.It’s more than a simplistic view of being positive or optimistic. Growth mindset means taking feedback, learning from experience, and coming up with strategies for improving, even when exceedingly uncomfortable.
• Myth 3: Praise builds a growth mindset.It depends?on?what?you’re praising. The important thing is how a person approached a challenge, not how hard they worked, or how successful they were.

?

The good news is that a Growth Mindset can be developed. Five mindset shifts to make are:

• Acknowledge and embrace imperfections and see them as an opportunity to grow from.
• View challenges as opportunities to learn – go beyond your comfort zone and push yourself.
• Reframe what FAIL means – adopt a ‘First Attempt in Learning’ approach.
• Stop seeking approval – don’t prioritise approval over learning
• Value the process of trying and working through a challenge, rather than simply the end result. The journey matters.

‘Growth Mindset’ is just one of the?15 Future Fit skills ?that the Future Fit Academy provides a comprehensive?self-assessment index ?that assesses how effective you are in the areas that are most important in the world of work today. In harnessing and developing these 15 skills, the Future Fit Academy’s?Future Fit Index ?provides a comprehensive self-assessment tool that assesses your level of effectiveness in these 15 critical skills needed to be effective now, and in the future world of work.?Based on your comprehensive results, you can structure a course of online study with individual?Future Fit courses ?that teach you how to develop and stretch each of the 15 Future Fit capabilities.

The Future Fit Index is structured for both individuals and corporate environments – supporting the entrepreneur looking to improve their ability to compete more effectively and grow their business in a volatile and competitive world, the manager looking to develop and grow into a leadership role, through to the human capital specialist looking to inculcate a winning, future fit culture to drive business market leadership.

Deliver indispensable value in an ever-changing world

To be Indispensable, you need to be FutureFit.

For driven individuals, teams, leaders and organisations, the FutureFit Academy is an online centre of excellence that helps you master the skills, knowledge and behaviours required to deliver indispensable value.

?Organizations are in constant flux. Industries are consolidating, new business models are emerging, new technologies are being developed, and consumer behaviours are evolving. For all of us the ever-increasing pace of change can be especially demanding. It forces us to understand and quickly respond to big shifts in the way companies operate and how work must get done.

?The FutureFit Academy is a centre of excellence in SA Business School, specialising in helping individuals, teams, leaders and organisations equip themselves for changes in the world of work. We help you to make sense of the disruptors that are changing how you live and work, and help you master the skills, knowledge and behaviours required to continue to remain relevant and be effective in an ever-changing world.

FutureFit Index

An online assessment that identifies areas of strength and weakness across 15 essential leadership and success traits, captured in an in-depth post-assessment report.

https://futurefitacademy.com/the-futurefit-index/

Final Thoughts

If you want to talk over how you can deliver indispensable value in an ever-changing world options,?reach out to Eric Albertini on LinkedIn to see how FutureFit can assist you and you business.

If you enjoyed this Let’s Future Proof series, I have a quick favour to ask:

1. Subscribe to Future Proof Newsletter?with the button at the top of this post so you don’t miss a single newsletter
2. Subscribe to?#futurefit ?hashtag so you don’t miss a single FutureFit post.
3. Share this post with your network on LinkedIn?if you think they could benefit from the message using the Share button below.

For more articles like this?Click Here