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The Power of Mindsets

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Tathagat Varma
Tathagat Varma

The document discusses the concept of mindset and differentiates between a fixed mindset and a growth mindset. A fixed mindset believes personal qualities like intelligence are fixed traits, while a growth mindset sees them as qualities that can be developed through effort. Having a growth mindset can provide benefits like increased motivation, resilience when facing challenges, and a greater willingness to take risks and learn new skills.

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The Power of Mindsets! Tathagat Varma Country Manager, Nerdwallet Pic: https://www.predictive-advantage.com/positive-and-negative-the-power-of-mindset-in-the-workplace/
Pre-exercise Sr. No. Statement Answer (Y/N) 1 Generally, you can’t change how intelligent you are; we all have a set level. 2 Once you reach adulthood, your abilities don’t change too much. 3 You have a certain level of talent, and there isn’t too much you can do to change it. 4 It’s hard to keep learning new skills. 5 If you work at it, you can increase your intelligence levels. 6 You can always improve your ability, even by small steps. 7 Even if you don’t have a natural talent, you can increase your talent levels with dedicated practice. 8 Learning new skills is in your control. https://www.linkedin.com/learning/cultivating-a-growth-mindset/the-mindset-choice
The Power of Mindsets
Where do you see yourself? • Enthusiasm: I am the greatest hitter in the world! • Resilience: I am the greatest hitter in the world! Strike Two. • Grit: I am the greatest hitter in the world! Strike Three. • (…repeated and endless failures later….) • Mindset: Wow…I am the greatest pitcher in the world!!!
Road to success IS bumpy!
Failed 5,126 times!
Anand Kumar
The Hall of Fame…
• Why do some people see failures differently? • What keep them going despite repeated failures? • How do they motivate themselves?
Mindset How we think, believe and act
Why Mindset? Mindsets influence results!
Employees in a growth mindset company are… 47% likelier to say that their colleagues are trustworthy 34% likelier to feel a strong sense of ownership and commitment to the company 65% likelier to say that the company supports risk taking 49% likelier to say that the company fosters innovation https://hbr.org/2014/11/how-companies-can-profit-from-a-growth-mindset
The Power of Mindsets
Mindset Mindset is a simple idea discovered by world- renowned Stanford University psychologist Carol Dweck in decades of research on achievement and success—a simple idea that makes all the difference. Mindsets are beliefs—beliefs about yourself and your most basic qualities. Think about your intelligence, your talents, your personality. Are these qualities simply fixed traits, carved in stone and that’s that? Or are they things you can cultivate throughout your life? https://mindsetonline.com/whatisit/about/index.html
Two types of Mindsets Fixed Mindset Growth Mindset
Fixed Mindset People with a fixed mindset believe that their traits are just givens. They have a certain amount of brains and talent and nothing can change that. If they have a lot, they’re all set, but if they don’t... So people in this mindset worry about their traits and how adequate they are. They have something to prove to themselves and others. In a fixed mindset, people believe their basic qualities, like their intelligence or talent, are simply fixed traits. They spend their time documenting their intelligence or talent instead of developing them. They also believe that talent alone creates success—without effort. They’re wrong.
•How many of such mindsets do we suffer from? •Are we self-aware of our mindsets? •How do we discover our blind spots?
Growth Mindset People with a growth mindset see their qualities as things that can be developed through their dedication and effort. Sure they’re happy if they’re brainy or talented, but that’s just the starting point. They understand that no one has ever accomplished great things—not Mozart, Darwin, or Michael Jordan—without years of passionate practice and learning. In a growth mindset, people believe that their most basic abilities can be developed through dedication and hard work—brains and talent are just the starting point. This view creates a love of learning and a resilience that is essential for great accomplishment. Virtually all great people have had these qualities.
•How do you approach new problems? •What comes to mind when you see new things? •What’s your reaction to setbacks and failures? Pic: http://friarsprimaryschool.com/growth-mindset/
http://www.cput.ac.za/blogs/wellness/2016/08/01/not-performing-that-well-change-your-mindset/
The Power of Mindsets
Common excuses and myths… • Genetics: I am shy by nature. I was born with a bad voice. I have a short attention span. Everyone in family is bad at math. • Past Circumstances: My parents did not allow me to play. My family forced me to take up engineering. My friends made fun of my singing. I lost interest in arts because of my teacher. • Present Circumstances: It is too late to improve my handwriting now. I can’t learn new technology with kids half my age. My employees will make fun of me if I fail. No one I know is learning to code at this age. I am expert in my field. • Future Circumstances: I am already doing so well, why to learn new things? I am entitled to promotion next year. Future is just a linear extension of the present.
The Power of Mindsets
• Acknowledge and embrace imperfections • View challenges as opportunities • Try different learning tactics • Follow the research on brain plasticity • Replace the word “failing” with the word “learning” • Stop seeking approval • Value the process over the end results • Cultivate a sense of purpose • Celebrate growth with others • Emphasise growth over speed • Reward actions, not traits • Redefine “genius” • Portray criticism as positive • Disassociate improvement from failure • Provide regular opportunities for reflection • Place effort before talent • Highlight the relationship between learning and “brain training” • Cultivate grit • Abandon the image • Use the word “yet” • Learn from other’s mistakes • Make a new goal for every goal accomplished • Take risk in the company of others • Think realistically about time and effort • Take ownership over attitude https://www.opencolleges.edu.au/informed/features/develop-a-growth-mindset/
Recap "I don’t fix problems. I fix my thinking. Then problems fix themselves".
 - Louise L. Hay

More Related Content

The Power of Mindsets

  • 1. The Power of Mindsets! Tathagat Varma Country Manager, Nerdwallet Pic: https://www.predictive-advantage.com/positive-and-negative-the-power-of-mindset-in-the-workplace/
  • 2. Pre-exercise Sr. No. Statement Answer (Y/N) 1 Generally, you can’t change how intelligent you are; we all have a set level. 2 Once you reach adulthood, your abilities don’t change too much. 3 You have a certain level of talent, and there isn’t too much you can do to change it. 4 It’s hard to keep learning new skills. 5 If you work at it, you can increase your intelligence levels. 6 You can always improve your ability, even by small steps. 7 Even if you don’t have a natural talent, you can increase your talent levels with dedicated practice. 8 Learning new skills is in your control. https://www.linkedin.com/learning/cultivating-a-growth-mindset/the-mindset-choice
  • 4. Where do you see yourself? • Enthusiasm: I am the greatest hitter in the world! • Resilience: I am the greatest hitter in the world! Strike Two. • Grit: I am the greatest hitter in the world! Strike Three. • (…repeated and endless failures later….) • Mindset: Wow…I am the greatest pitcher in the world!!!
  • 5. Road to success IS bumpy!
  • 8. The Hall of Fame…
  • 9. • Why do some people see failures differently? • What keep them going despite repeated failures? • How do they motivate themselves?
  • 12. Employees in a growth mindset company are… 47% likelier to say that their colleagues are trustworthy 34% likelier to feel a strong sense of ownership and commitment to the company 65% likelier to say that the company supports risk taking 49% likelier to say that the company fosters innovation https://hbr.org/2014/11/how-companies-can-profit-from-a-growth-mindset
  • 14. Mindset Mindset is a simple idea discovered by world- renowned Stanford University psychologist Carol Dweck in decades of research on achievement and success—a simple idea that makes all the difference. Mindsets are beliefs—beliefs about yourself and your most basic qualities. Think about your intelligence, your talents, your personality. Are these qualities simply fixed traits, carved in stone and that’s that? Or are they things you can cultivate throughout your life? https://mindsetonline.com/whatisit/about/index.html
  • 15. Two types of Mindsets Fixed Mindset Growth Mindset
  • 16. Fixed Mindset People with a fixed mindset believe that their traits are just givens. They have a certain amount of brains and talent and nothing can change that. If they have a lot, they’re all set, but if they don’t... So people in this mindset worry about their traits and how adequate they are. They have something to prove to themselves and others. In a fixed mindset, people believe their basic qualities, like their intelligence or talent, are simply fixed traits. They spend their time documenting their intelligence or talent instead of developing them. They also believe that talent alone creates success—without effort. They’re wrong.
  • 17. •How many of such mindsets do we suffer from? •Are we self-aware of our mindsets? •How do we discover our blind spots?
  • 18. Growth Mindset People with a growth mindset see their qualities as things that can be developed through their dedication and effort. Sure they’re happy if they’re brainy or talented, but that’s just the starting point. They understand that no one has ever accomplished great things—not Mozart, Darwin, or Michael Jordan—without years of passionate practice and learning. In a growth mindset, people believe that their most basic abilities can be developed through dedication and hard work—brains and talent are just the starting point. This view creates a love of learning and a resilience that is essential for great accomplishment. Virtually all great people have had these qualities.
  • 19. •How do you approach new problems? •What comes to mind when you see new things? •What’s your reaction to setbacks and failures? Pic: http://friarsprimaryschool.com/growth-mindset/
  • 22. Common excuses and myths… • Genetics: I am shy by nature. I was born with a bad voice. I have a short attention span. Everyone in family is bad at math. • Past Circumstances: My parents did not allow me to play. My family forced me to take up engineering. My friends made fun of my singing. I lost interest in arts because of my teacher. • Present Circumstances: It is too late to improve my handwriting now. I can’t learn new technology with kids half my age. My employees will make fun of me if I fail. No one I know is learning to code at this age. I am expert in my field. • Future Circumstances: I am already doing so well, why to learn new things? I am entitled to promotion next year. Future is just a linear extension of the present.
  • 24. • Acknowledge and embrace imperfections • View challenges as opportunities • Try different learning tactics • Follow the research on brain plasticity • Replace the word “failing” with the word “learning” • Stop seeking approval • Value the process over the end results • Cultivate a sense of purpose • Celebrate growth with others • Emphasise growth over speed • Reward actions, not traits • Redefine “genius” • Portray criticism as positive • Disassociate improvement from failure • Provide regular opportunities for reflection • Place effort before talent • Highlight the relationship between learning and “brain training” • Cultivate grit • Abandon the image • Use the word “yet” • Learn from other’s mistakes • Make a new goal for every goal accomplished • Take risk in the company of others • Think realistically about time and effort • Take ownership over attitude https://www.opencolleges.edu.au/informed/features/develop-a-growth-mindset/
  • 25. Recap "I don’t fix problems. I fix my thinking. Then problems fix themselves".
 - Louise L. Hay