BUSINESS ACUMEN MINDSETS (7)
In general terms the mindset of a leader can be oriented towards a growth mindset or a fixed mindset. Growth mindset oriented leaders seek to challenge their thinking, are open to new ways of doing things and avoid fixed, static attitudes. Fixed mindset leaders on the other hand tend to focus on how things have always been done and are reluctant to challenge the status quo.
There are seven different mindsets assessed in the Business Acumen Gauge that represent a spectrum of thinking and ways of interpreting the world that are crucial to the effective application of Business Acumen.
business acumen mindsets include:
The reflective mindset refers to a leader's ability to learn from the past and demonstrate learning agility for the future. The behaviour tracks a leader's tendency to actively reflect on what has happened historically and pragmatically apply those learnings to future situations (see sample below).
This sample result could highlight the participant:
- Has not applied feedback given from managers
- Has better lines of communication with direct reports
- Has an opportunity for a conversation with management
The analytical mindset refers to a leader's tendency to gather relevant data, both quantitative and qualitative, and then makes sense of it through careful evaluation, ultimately drawing accurate conclusions.
The change mindset oriented leader takes responsibility for initiating and leading change. They are proactive in change, and open to change initiatives (see sample below).
This sample result could highlight:
- The participant has invested energy in irrelevant initiatives
- The participant is not been inclusive in the change process
- The participant has imposed changes without adequate communication
Action oriented leaders have an orientation towards getting things done efficiently and effectively. They aren't shy to take on initiatives and see tasks through to completion.