New research from TalentLMS explores the critical role of a growth mindset at work. The report reveals missing growth skills, AI’s impact on lifelong learning, and key barriers to developing a growth mindset culture.
Mindset Generates Profits: 80% of leaders agree that employee growth mindset directly contributes to revenue growth.
Key takeaways
AI hinders learning and growth
53% of leaders think it is generative AI will hinder development of a growth mindset in the workplace.
The key to future victories
89% of senior leaders agree that future business success will depend on leaders who embody a growth mindset.
Fueling organizational success
88% of leaders say a growth mindset is important to organizational successhighlighting its critical role.
Belief-behavior mismatch
While 96% of leaders believe they have a growth mindset, only 45% of employees believe their leaders demonstrate a growth mindset.
Learning Boosts Retention
52% of employees would leave their current job for a company offering more training and continuing development opportunities.
Unleash the Growth Mindset: Culture, skills and leadership
Insecure leaders block growth
One in five leaders say leaders who block the progress of others to preserve their own power hinder a culture of growth.
Main missing skill: Active listening
The top three growth mindset skills lacking in the workplace are active listening, critical thinking, and time management.
Stimulate growth through culture
A positive and supportive company culture is the most powerful motivator that inspires employees to develop their growth mindset.
Barriers to learning and growth
What prevents the smooth adoption of a growth mindset in the workplace? To find out, we looked at barriers at the organizational and individual level. It turns out that afraid of failure is the most voted barrier to a growth mindset culture for senior leaders and employees. It is followed by treatment back And resistance to change.
Growth mindset pays off
Our research has found that a growth mindset provides many benefits to organizations. More specifically, 64% of senior leaders highlighted improved productivity and performance as a key advantage. The graph on the left shows the far-reaching impact of a growth mindset, including improved company culture and employee engagement, greater organizational innovation, and much more.
A roadmap to a culture of growth:
What Leaders Find Important in Creating a Growth Mindset Culture
Lead by example
An overwhelming 90% say leaders should lead by example to foster a culture of growth.
Continuous development
87% emphasize providing continuing education opportunities throughout the company.
Learn from your mistakes
84% emphasize the normalization of discussions around failure and learning from mistakes.
Download the full-size report
Growth mindset is the key to organizational success. Use the report’s data and takeaways to supercharge your growth initiatives.
Dive Deeper into TalentLMS’ Original Research
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