Behavioural Science Series with Dr Helen Wright – Growth Mindset

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Behavioural Science Series with Dr Helen Wright – Growth Mindset

Mindset – the attitudes of the mind, one’s preferences and beliefs.

Psychologist Professor Carol Dweck wrote: “For twenty years, my research has shown that the view you adopt for yourself profoundly affects the way you lead your life. It can determine whether you become the person you want to be and whether you accomplish the things you value. How does this happen? How can a simple belief have the power to transform your psychology and, as a result, your life?”

In the IFoA VSMD (Vision, Skillsets, Mindsets, Domain) strategy, MINDSET is one of the more elusive and challenging piece of the IFoA strategic jigsaw.

Many past presidents of the IFoA have made exhortations that we need to be bolder, more imaginative, and be more communicative. In his gold medal acceptance speech in 1958, Frank Redington described that the profession had four besetting virtues – Accuracy, Cautiousness, Consistency and Reticence. I frame these virtues ‘Quintessential Mindset’ and I appeal to the profession that we need to make room for ‘Growth Mindset’ in embracing other virtues like imagination, impulse and continuous learning.

A ‘Growth Mindset’ is deeper than an open mind. A growth mindset thrives on challenges and sees failures not as evidence of unintelligence but as a heartening springboard for growth, learning and stretching existing abilities. 

In the upcoming ‘Behavioural Science Series – The Growth Mindset’, Dr Helen Wright will discuss how the adoption of a growth mindset, a learning theory coined by renowned psychologist Professor Carol Dweck, can help the profession succeed, flourish, and play a positive societal role in our global community.

This IFoA Thought Leadership Series event is free for all to attend, thanks to our generous sponsor Dr. Patrick Poon. To register your attendance, scan the QR code or visit www.actuaries.org.uk

Source: Mindset: The new psychology of success by Carol Dweck, Ph.D.