How to Develop a Growth Mindset Throughout Your Business

Keeping your team motivated and engaged is key if you’re aiming to maintain a positive workplace. If you’re able to develop staff who are happy, the benefits will feed right back into your business.

A growth mindset amongst your team is critical to creating the right kind of environment in which individuals can thrive while your business grows. Below are five ways to cultivate a mindset of growth as a part of your business strategy:

  1. Make Growth Part of Your Culture

Weaving a growth mindset into the everyday helps encourage your team to adopt a progressive attitude. This can be achieved by:

  • making courses and training easily accessible
  • allowing staff to set their own goals
  • supporting blue sky ideas

Having a growth mindset is all about encouraging people to learn and expand, so you should support them in learning new skills. By allowing them to set their own milestones, individuals feel personally invested in the goal, which makes it feel easier to achieve.

  1. Be Open to Feedback

Offer staff regular and frequent feedback sessions to help guide them and show them that they’re important to you. 69% of employees say that they would work harder if their work was recognised. This is crucial to helping your team stay motivated and valued.

  1. Encourage Competition

There are many who thrive in a competitive environment and push themselves by pushing their peers. Encouraging your team to push themselves is great, but too much competition can be a bad thing.

A growth mindset is about self-motivation. To work, a growth mindset needs to come from the individual and their own motivation learn and improve. Many companies, whether realising it or not, rank their staff from lowest to highest performing. This doesn’t take into account personal development and individual learning curves. If praise and rewards are only handed out to those who do the best, this puts off those that are doing their best.

  1. Make it OK to Fail

Failure happens; it’s as simple as that. To encourage growth, you need to allow people to take risks, and that means accepting that it’s okay to fail sometimes.

More often than not, individuals and teams of people are worried to take a chance for fear of failure.

Focus on learning and improvement-based objectives where appropriate. Setting scalable goals creates a framework that will naturally encourage personal growth. This will create a better, healthier balance within your business.

  1. Lead by Example

Everyone, no matter what their job title, can adopt and benefit from a growth mindset. We can all learn more and improve our skills. If you want to encourage a growth mindset in your company, it’s important lead by example.

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