How To Cultivate, a 'Growth Mindset' .
The phrase "growth mindset" has come to be a ubiquitous, but often misunderstood, idea in the business world.
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Lifehack recently offered readers insight into the true meaning of having a "growth mindset.".
The term was coined by author and Stanford University professor Carol Dweck in her 2006 book, 'Mindset: The New Psychology of Success.'.
The term was coined by author and Stanford University professor Carol Dweck in her 2006 book, 'Mindset: The New Psychology of Success.'.
Dweck explained in a Harvard Business Review that a "growth mindset" is based on the belief that one's talents can be developed with hard work, strategy and input from others.
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On an organizational level, a growth mindset can help to cultivate an atmosphere of collaboration and innovation.
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According to Lifehack, the most successful companies know that a growth mindset is developed from the top down.
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Leadership must remain adaptable in order to commit to continued growth and learning.
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Leaders should create and promote channels for coworkers to collaborate and seek help from each other.
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It is important to acknowledge both successes and failures, and take advantage of teachable moments.
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This can help to establish an atmosphere that encourages risk-taking and experimentation.
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In the modern world, don’t minimize your risks – maximize your opportunities, Naval Ravikant, AngelList CEO, via Lifehack
