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Talent

Growth mindset culture drives workplaces forward, report says

HR Dive

October 15, 2024

Talent

Growth mindset culture drives workplaces forward, report says

HR Dive

October 15, 2024

Photo by Agefis on Unsplash

While executives think they lead growth mindset by example, more than half of workers surveyed said they don’t see evidence of that.

Dive Brief:

  • Almost 9 in 10 of executives agree that a growth mindset is important for organizational success, according to an Oct. 8 report from TalentLMS.
  • Yet there’s a disconnect between what execs believe and how they’re perceived: 96% of the 300 U.S. senior leaders and execs surveyed said they have a growth mindset, and 90% believe that leading by example is key to creating a growth mindset culture. By contrast, 54% of the 1,000 U.S. non-executives surveyed don’t see much evidence of this, and 24% of those said their company leaders rarely or never demonstrated a growth mindset.
  • “This isn’t about individual development — it’s about creating a culture where curiosity thrives, where failure is seen as a stepping stone, and where every challenge is an opportunity to learn,” Nikhil Arora, CEO of TalentLMS’s parent company Epignosis, noted in the report.

Dive Insight:

Growth mindset is really about “attitude, not aptitude,” TalentLMS emphasized.

That is, growth mindset is “a belief that people can develop their intelligence, abilities, and talents over time through effort and practice,” the learning management platform explained.

With this mindset, individuals can improve their performance and overcome setbacks by calling on specific traits — including continuous learning, resilience, persistence, a positive outlook and open-mindedness — to break down complex challenges into achievable steps, TalentLMS pointed out.

A number of tactics may be used to develop or strengthen growth mindset initiatives, the platform said.

Leaders should start by addressing the disconnect between their beliefs and their behaviors, and they can do this by setting personal growth goals, sharing these goals publicly and holding regular check-ins with their teams to discuss their progress, it said.

There’s also second disconnect that needs to be address: 59% of employees think AI-powered tools can help them develop new skills, but less than a third have access to such tools, the survey found.

TalentLMS recommended that companies pilot AI-powered tools in high-impact areas or in areas where upskilling is a priority and then gather ROI data to produce a business case for future investment.

Read full article here

While executives think they lead growth mindset by example, more than half of workers surveyed said they don’t see evidence of that.
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