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Growth Mindset Should Be a Part of Your Business Strategy

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StrategyDriven Strategic Planning Article | Growth Mindset Should Be a Part of Your Business StrategyAn organization that embraces a growth mindset positions itself to thrive. A growth mindset encompasses a set of behaviors and attitudes that reflect a business owner’s belief that their company’s business model is not set in stone. Such an entrepreneur is open to infusing new talents, innovations and creativity into the business to strengthen it and guarantee its longevity.

Aside from adjusting your business model as part of your growth strategy, you should also hire flexible employees with the capacity to learn and grow with the business. Your staff needs to share in your ambition to develop a future-oriented business. They should be ready to take on new roles, advance their skills and evolve with the company’s growth.

You will also rely heavily on integrated learning tools that facilitate employees’ professional development and streamline business operation. An Integrated Learning Systems (ILS) mindset growth arms the learning and development (L&D) department with accessible solutions for the evolving business operations.

Striving to become truly good at what you do guarantees that more customers will want your services. A growth mindset enables your business to stand out because it ensures you put in the work to achieve the company’s full potential. Continue reading to learn how incorporating a growth mindset in your business strategy helps you add value to the company.

Embrace Integrated Learning Systems

So how do you ensure you have talented employees by your side as you prepare your business for exponential growth? Integrated learning systems (ILS) is the solution you should embrace to provide your workforce with the necessary training to withstand the roller coaster ride of change as the business evolves.

How can you train your growth mindset and ensure your employees are more knowledgeable and competent in their jobs? Technology-based employee training offers a stack of solutions that address all parts of their learning needs. ILS mindset growth enables your business to shift towards digital learning and earn the massive benefits of training your team to execute development projects better.

ILS provides your company with a vast library of content suitable for end-to-end corporate training solutions. The system’s continuous micro-learning allows your staff to master new skills in the flow of work. Such a modern integrated learning solution that embraces all types caters to different types of employee development needs.

You also gain access to various forms of skills assessment to deliver skills-driven learning. This way, your employees can be more productive and better positioned to satisfy your customers.

Build a Culture of Taking Risks

To embrace a growth mindset is to accept that failure is an inevitable part of growth. But this should not hold you back from stepping out of your comfort zone. Oftentimes, when entrepreneurs recognize their weaknesses, they end up holding on to their failures as well. But working on one’s weaknesses does not mean you carry your failures as a burden.

When you focus on your failures, you’re distracted from the potential success your business can achieve in the future. Instead, claim and learn from past failures, then focus on growing from the mistakes. Building a culture of taking risks enables you to feed creativity and innovation into the business to fuel it forward, notwithstanding the risks involved.

Ensure you lead by example by practicing controlled risk-taking to allow the business to expand beyond your established market segment. Additionally, allow your employees to take on leadership roles that require them to learn how to think on their feet. If you don’t empower your employees to take some risk, they cost the company money by playing it safe.

Forward-thinking employees will learn from their mistakes and utilize their freedom and independence to tap into new markets. While it will take some time and effort, the risk is worth the reward.

Understand Your Purpose

For your business to stand out based on its specialty, you need to be purpose-driven, doing what you love for the people that love what you do. Purpose helps you define your company’s reason for being beyond profit. Ensure the purpose you establish for your business encompasses the company’s ultimate role in the broader economic, environmental and social context for years to come.

While on the surface, the products and services you offer keep your business running, a clear purpose that defines the impact your company can make guarantees its longevity. Define and articulate your purpose in a way that enlightens your employees and propels positive change. An elaborate purpose will:

  • Inform your long-term business strategies
  • Establish a competitive advantage in a saturated market
  • Inspire innovation
  • Boost brand visibility and brand credibility

Your employees will be motivated to go the extra mile to put your business on the map when you establish a relevant and aspirational purpose for your organization. Your purpose will be like the north star that guides day to day business operations towards a specific goal.

Conclusion

To become a forward-thinking company, you need to incorporate a growth mindset in your business strategy. It’s essential that you think and act differently in order to position your business on the map. Use these solution-driven approaches to unleash your business’ full potential.

The Importance of Lifelong Learning for Professional Development

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StrategyDriven Professional Development Article |Lifelong Learning|The Importance of Lifelong Learning for Professional DevelopmentWhat do the likes of Michelangelo, Gandhi and Eleanor Roosevelt have in common? They have all advocated the importance of fostering a love of learning and continuous personal growth. These values are synonymous with the idea of lifelong learning, which is the ongoing process of pursuing knowledge, be it for personal or professional reasons.

Without really thinking about it, most people believe that their education is over when they graduate from high school or university. However, formal schooling is only fundamental. There are countless opportunities beyond it to further your knowledge in a specific field.

While that happens to everyone all the time, lifelong learning involves actively maintaining a focus on learning and development. In doing so, you can make leaps and bounds in your career. It can even help you finally start a business and is instrumental in building a company that flourishes in today’s unforgiving economy.

To drive the point home, let’s take a closer look at the importance of lifelong learning for professional development.

Employability

A quality valued by all employers is the desire to learn and develop, often called a growth mindset.
By demonstrating this, you show that you’re willing to go the extra mile and continuously make an effort to become better at what you do. Employees with this ability are most likely to move up the ranks and achieve the most in their respective fields.

Many people who find themselves in a position of unemployment make the mistake of thinking that job-seeking is their only option. While helpful, just as important is using your free time to take advantage of any coaching, training or mentoring opportunities that are available to you. This can help you escape unemployment sooner.

Advancement

Employers also pay particular attention to people who have transferable skills.

For instance, let’s say two employees are potential candidates for a promotion to chief marketing officer. The one who possesses skills beyond those required in marketing such as communication, listening, creativity and problem solving, will naturally be more likely to get the job than the one who is nothing more than a marketing guru.

Lifelong learning contributes to a broader set of skills that increases your advancement opportunities. In addition, you have the ability to enter different sections within your career path, or even outside of it. This can make for a more interesting and exciting work life where you frequently enjoy new experiences.

Prospects

Not everyone is lucky enough to land their dream job after school. This can lead to an unsatisfactory and unfulfilling career, even when the pay check is more than sufficient. Lifelong learning can help alleviate the situation by equipping you with the knowledge and expertise required to enter the field you really want to work in.

Depending on how you learn, you can even obtain qualifications that are versatile in nature, meaning that your career prospects aren’t limited to a specific industry or field. This is true for many different programs, a Master’s in Business Administration (MBA) being a good example. This post from Aston University details more information about the career prospects of an MBA.

Resources
The benefits of lifelong learning for professional development are clear and simple. But what resources are available to facilitate your new pursuit of knowledge? Plenty. The following are a few to help you get started:

  • The Internet: From simple resources like blogs and discussion forums to fully-fledged online courses and programs, the internet is the ultimate resource for learning anything.
  • Mentors: Someone with knowledge and experience in a field that you’re interested in can teach you what you need to know and reveal unseen areas for improvement. They can also help you avoid the mistakes they made when they were in your position.
  • Literature and Books: Whether bought online or read at the library, traditional literature is no less relevant today than it was before the internet.
  • Internships: Any form of apprenticeship can help you learn from qualified professionals and gain valuable hands-on experience.

These are just some of the resources you can utilise to participate in lifelong learning and contribute to your professional development. Let’s end things by looking at how lifelong learning can benefit your personal life.
The great thing about learning is that it doesn’t even need to have a specific purpose, as the act can be a rewarding experience in and of itself.

Compared to passive activities like watching television or playing videogames, learning is far more rewarding and has lasting benefits. Plus, it’s guilt-free. Knowledge is and always will remain synonymous with power.