DESCRIPTION
According to Bain & Company, just one in nine companies achieve sustained, profitable growth over 10 years. And 85% of executives blame that shortfall on internal factors. This is referred to as the growth paradox: "Growth creates complexity, and complexity is the silent killer of growth".
Carol Dweck, Stanford psychologist and author of the book Mindset, was one of the first to put forward the idea that intelligence and abilities can be developed. When one views their abilities not as fixed, but as being malleable through hard work and dedication, Carol Dweck, believes one has the recipe for success.
Having a growth mindset (the belief that you are in control of your own ability, and can learn and improve) is the key to success in almost any context.
This document outlines the following:
1. What is mindset?
2. The differences between fixed and growth mindsets
3. Why we need to develop a growth mindset
4. Steps to developing a growth mindset
This presentation delves into the stark contrasts between fixed and growth mindsets, highlighting how a fixed mindset leads to avoiding challenges, giving up easily, and feeling threatened by others' success. On the other hand, a growth mindset embraces challenges, persists through setbacks, and finds inspiration in others' achievements. The clear, visual comparison provided in the slides makes it easy to understand why cultivating a growth mindset is crucial for sustained success.
The PPT also offers actionable steps to develop a growth mindset, such as acknowledging imperfections, viewing challenges as opportunities, and replacing the word 'failing' with 'learning.' These practical strategies are designed to help individuals and organizations foster a culture of continuous improvement and resilience. By adopting these methods, executives can drive their teams towards higher levels of achievement and innovation.
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Source: Growth Mindset PowerPoint (PPTX) Presentation, Corporate Finance 101
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