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The Guardian - UK
The Guardian - UK
Ellen Manning

‘Learn the lessons and then move on’: why a growth mindset is an asset in business

Start up business people during a kick off meeting sitting on a big conference table and listening
In ‘horizon scanning workshops’, PwC staff take time out of their day-to-day work to predict how future trends might affect the business. Photograph: Tom Werner/Getty Images

The phrase “growth mindset” has become an often-touted buzzword, cropping up in everything from business to education, but what exactly does it mean? And can it really make a tangible difference to an organisation?

Coined by Dr Carol Dweck, a growth mindset encourages people to learn from mistakes and setbacks, be open to new ideas, coach others and respond positively to change. It sees challenges as exciting rather than threatening.

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