Success comes to those who persevere and believe in themselves. Perseverance and confidence are essential in achieving success, especially in business. Every business leader must have a mindset of growth. Having this mindset can propel success for you, the people you are working with, and the company.
Having a growth mindset is having the ability to recognize your ability to learn and improve as an individual. You are currently not good at things, but having a growth mindset means having the confidence that you’ll eventually be good at it as you continue to persevere in learning it. Business and business leaders with a growth mindset are not intimidated by challenges. They seek challenges and embrace failures as a part of the learning and growth process.
Every business leader should lead with this mindset because, as they do, it eventually becomes a culture in the company. Employees will not be afraid to face challenges and embrace failures because they know it is a part of the growth process. Growth-oriented company culture will benefit not just the business leaders, not just the company, but the employees themselves.
Ways to Cultivate a Growth Mindset and Build Company Culture
Differentiate Growth vs. Performance
Often, companies base their culture on performance. Those who make the most sales, those who land the biggest deal, basically those who performed well are being recognized. While there’s nothing wrong with recognizing success, cultivating a growth mindset recognizes those who serve and those who made an effort. It is essential to reward efforts, learning experiences, and innovation to make everyone feel welcome to challenge themselves, get out of their comfort zone, and try new ideas despite the possibility of failure.
Limit your Fixed Mindset
Operating with a fixed mindset means judging people based on their limitations. It is judging someone as too young, too old, too inexperienced, or not educated enough to get the job done. Most often, this is a huge mistake for people who operate with a fixed mindset. Challenge yourself to get out of the box and look at people not based on their limitations. These people you judged might have the fresh perspective necessary to get the job done.
As a business leader, be committed to the growth of your employees. Provide them with educational tools and training resources for them to grow continually. Challenge them to be confident in their ability to grow and learn.
Do Not Be Limited by Failure
Not trying is the only instance you will fail in an endeavor. What we perceive as failure might just be the very thing that provides the opportunity for us to grow and learn. Learn to acknowledge and reward the attempt. To cultivate a growth mindset, you must create a culture where employees do not fear failure.
It is natural to be uncomfortable in facing new and challenging experiences. Do not run away from it; instead, welcome the challenges that come along the way. Those challenges that make you feel uncomfortable may be the most rewarding.
Feedbacks are essential for improvement. In cultivating a growth mindset, you must be open-minded to criticism and use it well. Negative feedback can sometimes get into our nerves, but as we listen to feedback and criticisms and respond to it, we’ll see growth and improvement happen in both your leadership and your company.