Transcript
A growth mindset in business refers to the belief that abilities and intelligence can be developed through effort, learning, and persistence. It encourages individuals to embrace challenges, learn from setbacks, and view failures as opportunities for growth. Companies fostering a growth mindset often experience higher motivation, innovation, and collaboration among employees, leading to improved performance and adaptability in a competitive environment. Carol Dweck's research highlights the importance of this mindset for personal and organizational success, promoting a culture that values ongoing learning and development.
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