Developing mindset in the world of business

By Grow Your Mindset

24 Jan 2020

richard-branson-with-pic.jpg

Growth Mindset isn't just for the classroom, but for you personally and for the world of business. To get the most from yourself and your team, help find your best performance and also manage stress and anxiety anxiety in all areas of your life, it's time to invest in mindsets.

What is a Growth Mindset?

Over 30 years ago, Carol Dweck and her colleagues became interested in students' attitudes about failure. They noticed that some students rebounded, while other students seemed devastated by

even the smallest setbacks. After studying the behaviour of thousands of children, Dr. Dweck coined the terms fixed mindset and growth mindset to describe the underlying beliefs people have about learning and intelligence. She then recognised and developed the theory in the world of business as she could appreciate and see the high impact it was having on business growth.

In a growth mindset, people believe that their abilities can be developed through dedication and hard work. When people have the belief their basic qualities can be developed, failure still hurts, but they know those failures don't define you. The Growth Mindset attitude and focus creates a love of learning and a resilience that is essential for accomplishment. Teaching a growth mindset creates motivation and productivity in the worlds of business, education, and sports.

In our schools and businesses, we have a huge responsibility to teach knowledge to achieve the increasingly demanding examination results and achieve highly ambitious targets, but other factors, such as resilience, confidence, integrity and empathy also have a profound impact on our success. It is crucial to encourage and embed positive attitudes and behaviours by modelling them every day to whomever we meet.

Embracing the Growth Mindset provides individuals with the mental tools to develop a more growth orientated approach towards learning, as well as a more positive approach to any given situation. We have seen individuals make a mindset move, becoming more intrinsically motivated and becoming determined and more resilient to deal with problems and setbacks that arise, thus reducing the levels of anxiety and stress felt. This, in the long term, can prevent the onset and management of mental illness. Knowing that your ability can be developed through hard work, effort, persistence, good strategies and seeking feedback, opens opportunities to all learners, plus the power of knowing you can improve, impacts enormously on our mental attitude, self-belief and focus.

Developing a Growth Mindset culture within any business is the foundation for proactive learning and change. Inviting employees to embrace a growth mindset does not mean that outcomes become devalued, it means by refocusing on the beliefs and practises that shape your employees confidence to try, to learn and to grow, you are more likely to get the desired results. Every business has corporate goals to achieve. Growth Mindset allows businesses to see how to achieve these goals effectively and with sustainability.

Across the UK, businesses have growing concerns and challenge when faced with mental illness within the workplace. 1 in 6.8 people experience mental health problems in the workplace, which equates to 14.7% of the UK’s workforce (Mental Health Foundation – www.mentalhealth.org.uk) and this figure is increasing all the time.

Businesses are challenged by the remaining stigma of mental illness and in the recognising of symptoms before affecting staff absence. Many businesses are now working tirelessly to ensure that their colleagues receive the best support when faced with mental illness and wish to continue this by developing preventative measures.

The Growth Mindset approach has scientifically been proven to reduce, prevent and increase the management for mental illness. In a recent clinical trial funded by the National Institute of Mental Health, it was found that a brief intervention teaching growth mindset improved social stress recovery, increased perceived control, and reduced depression and anxiety. The mindset intervention was especially helpful for depression, with much fewer symptoms being exhibited. With this in mind, growth mindset can reduce staff sickness, but more importantly for the your business, value and show support for your colleagues.

As well as this, developing a growth mindset can have a number of other benefits:

  • Individual Organisation
  • Employee satisfaction
  • Customer orientation and focus is increased
  • Higher company profile
  • Increased productivity and quality
  • Increased productivity
  • Lower attrition
  • Improved Life balance
  • Improved company performance in all areas

At Grow Your Mindset, we are passionate about supporting your business revival going from strength to strength, by providing you with the foundation tools that support wellbeing in the workplace. With our knowledge, skills and interactive strategies, we will support your business to ensure that you continue to develop, grow and maintain these core goals that are at the heart of all you do.

When companies enter the world of growth mindset, starting with the leaders, everything changes. You will find that your company brightens, expands, and fills with energy and with possibility. We believe wholeheartedly, in human development, also nurturing the mindset of your staff, to allow them to recognise their enormous potential.

For the journey to be most successful, the under lying principles of growth mindset need to be fully understood and actioned by the most senior members of any business. They are the role models to their workforce, those the staff look up to and aspire to be like.

Healthy employees are happier, more productive and less likely to call in sick. There are many things you can do to promote a culture of physical wellness, but understanding of mindset and the science of their thinking, actions and behaviours can be a real gamer changer for people.

The two biggest barriers that prevent companies from developing a wellbeing program are simple: time and money. Small business especially, sometimes believe that they simply haven’t got the time and the resources to dedicate to employee wellbeing, so they end up doing nothing. The thing is, any investment in employee wellbeing is sure to pay off. You have nothing to lose and everything to gain from investing in your people.

“This programme has helped us to create a foundation of positive thinking, where challenges are an exciting way to grow our brain. It has helped us to foster a love of learning and growing together as a leadership group and inspired a new approach to coaching and motivating our teams. I highly recommend this programme, especially for organisations who are aiming to optimise leadership performance and development.”

Femi Salako Customer Service Leader

Enjoyed this? Read more from Grow Your Mindset

Latest news

1

University of Central Lancashire celebrates hat-trick of wins at Educate North Awards University of Central Lancashire winners at Educate North Award Winners 2025

University of Central Lancashire celebrates hat-trick of wins at Educate North Awards

04 Apr 2025

2

The Villa’s sister venue shuts its doors The Villa Levens and The VillaWrea Green (Image credit: The Villa Levens and The Villa Wrea Green)

The Villa’s sister venue shuts its doors

04 Apr 2025

3

PM urged not to retaliate over tariffs Manufacturing

PM urged not to retaliate over tariffs

03 Apr 2025

4

CMAC Group appoints Matthew Ratcliffe as chief operating officer Matthew Ratcliffe CMAC

CMAC Group appoints Matthew Ratcliffe as chief operating officer

03 Apr 2025

5

For sale signs at The Villa Villa Wrea Green has been brought to market (Image credit: The Villa Wrea Green)

For sale signs at The Villa

02 Apr 2025

Pc Prestonmacan Gif980x120 March
Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
Lancashire Net Zero Carbon Conference
Net Zero Carbon Social 1200px
Networking
18 Jun 2025

Lancashire Net Zero Carbon Conference

Crow Wood Hotel & Spa Resort, Burnley, BB12 0RT

08:30 - 13:00

CMI Level 5 Management and Leadership Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Management and Leadership Course

Preston Campus, Preston , PR1 2HE

09:00 - 17:00

CMI Level 5 Project Management Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Project Management Course

Preston Campus, Preston, PR1 2HE

08:00 - 17:00

RISE - The Academy for Female Leaders and Managers
WENDY BOWERS RISE Illustrstion copy.jpg.jpg
LBV Hub Seminars
02 Apr 2025 - 08 Oct 2025

RISE - The Academy for Female Leaders and Managers

East Lancashire Chamber of Commerce, Clayton le Moors, BB5 5JR

09:00 - 15:30

The Business Network Central & East Lancashire
LBV Hub Networking
24 Apr 2025 - 24 Apr 2025

The Business Network Central & East Lancashire

Stanley House, Blackburn, BB2 7NP

11:30 - 14:15

People Power: Exclusive Event Series
Stay ahead in 2025.jpg.jpg
LBV Hub Seminars
29 Apr 2025 - 29 Apr 2025

People Power: Exclusive Event Series

People's History Museum, Manchester, M3 3ER

17:00 - 21:00

Planning for the future + navigating Inheritance Tax changes
Planning for the future + navigating Inheritance Tax changes for website.png.png
LBV Hub Seminars
01 May 2025 - 01 May 2025

Planning for the future + navigating Inheritance Tax changes

Stanley House Hotel, Mellor, Blackburn, BB2 7NP, Blackburn, BB2 7NP

08:00 - 10:30

A night at the races
1.png.png
LBV Hub Dinners / Balls
02 May 2025 - 02 May 2025

A night at the races

Morecambe FC, Morecambe, LA4 4TB

19:00 - 23:59

Innovating business solutions through PhD Partnerships
30478 Skills Bootcamp open day setting.jpg.jpg
LBV Hub Networking
07 May 2025 - 07 May 2025

Innovating business solutions through PhD Partnerships

University of Central Lancashire, Preston , PR1 2HE

14:30 - 15:30

Celebrating 50 years of KTP
UCLanAerialCampus.jpg.jpg
LBV Hub Networking
07 May 2025 - 07 May 2025

Celebrating 50 years of KTP

University of Central Lancashire , Preston, PR1 2HE

16:00 - 18:00

Research and Knowledge Exchange Showcase
13421_research_knowledge_exchange_2025_600x300.jpg.jpg
LBV Hub Awards
07 May 2025 - 08 May 2025

Research and Knowledge Exchange Showcase

University of Central Lancashire , Preston, PR1 2HE

09:00 - 17:00

Business Support Showcase: Collaborate, Innovate, Grow
Student Centre Autumn 2022.jpg.jpg
LBV Hub Networking
08 May 2025 - 08 May 2025

Business Support Showcase: Collaborate, Innovate, Grow

University of Central Lancashire, Preston , PR1 2HE

11:00 - 13:00

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more Lbv121 Online Graphic
Subscribe now

Weekly news bulletin