Growth Mindset Aids Economic Recovery
Summary
Decades ago, Carol Dweck, psychologist and psychology professor at Stanford University, developed the concept that people have either a fixed or growth mindset. According to Dweck, these companies reward their employees for lessons they learn along the way, even if a project doesn’t meet original goals. Steven Childs, Forbes Councils Member says, “while a fixed mindset views employee talent and capability as being limited, a growth mindset is one that recognizes that each team member is capable, and most importantly, can get better.” Edcor clients are among those that offer development opportunities to employees through education benefits. Providing tuition assistance for employees who work hard because they believe they can improve their skills and achieve more is a positive step toward stability and growth after the pandemic. Tuition assistance creates a growth mindset that encourages employees to be innovative, take risks and push forward.