The following statement sounds incredibly much like common sense. Persistence and effort only deliver returns when we truly believe that we can make change happen. You have to be in it to win it. Your own assumptions about what you can achieve, also called your mindset, have profound implications on how you navigate your path and as a result how much you will flourish in the future. At LGIT Smart Solutions, we believe that as the Fourth Industrial Revolution rolls on, the right mindset will be critical for not being left behind. Let’s look at this concept of mindset in a bit more detail.
According to Dr Carol Dweck, a world-renowned Stanford University psychologist, there are two types of mindset. Each has the power to light up or disable the dreams and goals we set in life and at work. The first type of mindset is the fixed mindset. As the title implies, this mindset is shored up by a core belief that our abilities are relatively static and stable, and will not change significantly over time, no matter what we do. Abilities, talents and intelligences are all seen much like a hand that is ‘dealt’ in life. Achievements or right answers are proof of your talents. Failures show you up for what you lack. Because you don’t believe that you can change your hand much, ‘failures’ can have a crippling effect on the positive sense of self. The core belief ‘I cannot change anything’ may lead to a fear or avoidance of new experiences and risky situations. People with a fixed mindset may feel as though they constantly need to prove themselves to others. Continue reading