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The Role of Mindset in Leadership Success

July 31, 2024 By Patti Cotton Leave a Comment

When it comes to leadership, the importance of mindset cannot be overstated. How leaders perceive challenges, handle feedback, and inspire their teams is deeply rooted in their mindset. A growth-oriented mindset can transform obstacles into opportunities, fostering an environment where both the leader and their team can thrive.

The Struggle

James was the CEO of a mid-sized tech company that had seen rapid growth over the past few years. When he reached out, he had been struggling to maintain this momentum and keep his team motivated. The market was more volatile than ever, and the competition was fierce.

“I’m overwhelmed,” he told me. “I’m not sure about my ability to steer the company through such choppy waters.”

He was convinced that his main issue was external—market volatility and increasing competition. Seeing these challenges as insurmountable obstacles, he felt stuck and unable to come up with effective solutions. His team sensed James’ stress and self-doubt.

The Source

To get to the heart of his struggles, let’s examine James’ mindset. Drawing on Carol Dweck’s research on fixed and growth mindsets, we can see why he would hit a wall.

A fixed mindset assumes abilities and intelligence are static, while a growth mindset believes they can be developed through effort and learning.

James certainly exhibited a fixed mindset.

He saw the current challenges as beyond his control and doubted his leadership abilities were enough to overcome them. This mindset limited his capacity to adapt, innovate, and inspire his team.

This hindered his effectiveness and created a culture of fear and resistance to change. Team members became reluctant to take risks or propose new ideas, leading to stagnation and missed opportunities.

James needed to pivot quickly, or he risked losing his team and his company.

The Strategy

To jumpstart turning things around, we convened off-site for two days to set a vision for his leadership, craft an actionable strategic plan with immediate actions, and do some deeper interventional work to diffuse the origins of his fixed mindset.

We then worked over the next few months to continue cultivating his growth mindset and his abilities to deal with the internal and external challenges that his company faced.

The Shift

James’ team noticed the difference right away, and in the coming weeks and months, their morale and trust rose along with James’ ability to lead and the positive outcomes this produced. It was a pleasure for me to sit in on some of the meetings to observe and support James as he made incremental shifts that made a monumental difference.

How much of a growth mindset do you have? Check yourself here – how do you rate?

I am confident and at ease in embracing challenges.
- I view challenges as opportunities for personal and professional development.
- I encourage risk-taking and innovation within the team.
I appreciate learning from constructive feedback.
- I use constructive feedback as a tool for growth rather than a personal attack.
- I create an open environment where feedback is welcomed and valued.
I persist in the face of setbacks.
- I develop resilience by learning from failures and persevering through difficulties.
- I share stories of past challenges and how they were overcome to inspire the team.

Here are some tips to foster a leader’s growth mindset:

Practice Mindfulness
- Engage in mindfulness practices such as meditation to increase self-awareness and emotional regulation.
- Mindfulness helps leaders stay present, reducing stress and improving decision-making. Sarah can start her day with a brief mindfulness session to center herself and approach challenges with a calm and focused mind.
Continuous Learning
- Commit to lifelong learning by regularly reading books, attending workshops, and seeking new experiences.
- Encourage the team to pursue personal development opportunities. Sarah can create a learning culture within her organization by providing resources and incentives for continuous education and professional growth.
Surround Yourself with Growth-Minded People
- Build a network of mentors, peers, and advisors who embody a growth mindset.
- Engage in regular discussions with these individuals to gain new perspectives and insights. Sarah can join industry groups and networking events to connect with other growth-minded leaders and learn from their experiences.

Mindset matters—a lot.

The mindset of a leader significantly influences their effectiveness and the success of their organization. By shifting from a fixed mindset to a growth mindset, other leaders like James can transform challenges into opportunities for growth and innovation. Embracing challenges, learning from constructive feedback, and persisting in the face of setbacks are key steps in fostering a growth mindset.

Cultivating a growth mindset is an ongoing journey that can transform leadership effectiveness and overall organizational success. By practicing mindfulness, committing to lifelong learning, and surrounding themselves with growth-minded individuals, leaders can create a culture of growth and fulfillment within their organizations.

If you’re a leader feeling stuck, take a step back and ask yourself: Is it time for a mindset shift? You might be surprised at the doors it opens.

© Patti Cotton and patticotton.com. All rights reserved. Unauthorized use and/or duplication of this material without express written permission from the author is strictly prohibited. Excerpts and links may be used, provided that attribution is made to Patti Cotton and patticotton.com, with links thereto.

Patti Cotton

Patti Cotton reenergizes talented leaders and their teams to achieve fulfillment and extraordinary results. For more information on how Patti Cotton can help you and your organization, click here.

5 Ways to Cut Your Meeting Time in Half

July 17, 2019 By Patti Cotton Leave a Comment

Ask anyone in management about how much they love meetings, and I can guarantee you will hear a loud groan. Chief complaints are that there are too many, they waste time, and little gets accomplished during these. A top upset is when meetings rehash the same agenda items without any move forward.

How can you minimize the time spent on your meetings, maximize the focus and outcomes, and get back to work quickly?

Here are 5 ways you can make sure your meetings are effective, stay on track, and keep the organization moving forward:

1. Prepare your attendees for the meeting.

Make sure your meeting has a clear purpose, an agenda, and any background information to brief people. Send this out ahead of time and alert attendees that they need to review the info before the meeting is held. This one move can eliminate a lot of time in your meeting wasted on bringing people up to speed and risking conversations around things that have already been decided.

2. Clarify what you want from your attendees.

Is this meeting informational, for consideration, or for action?

a. If the meeting is for information only, make it clear that you are sharing for awareness, and decide during your meeting what information from your time together needs to be shared with the larger employee base or select management.

b. If the meeting is for consideration, make sure you define what is up for consideration and what outcomes you would like for the meeting. This kind of meeting is most likely to be typed as a time-waster unless you facilitate for the outcomes you request, identify next steps with deadlines, and share this with all involved to pull things forward. It is important especially for this type of meeting that you as leader facilitate and allow other team members to speak and weigh in. Your job is to conduct the meeting and keep it on track to desired outcomes – not to dictate opinion by reason of your position.

c. If the meeting is for action, be sure that you have identified and have present all decision-makers who need to be in the room. This avoids having to chase down and reintegrate any new views or opinions coming from those who were absent (and which can often cause another new meeting on the same subject, rehashing the same agenda). As with the meeting for consideration, articulate clearly the decisions that were made, the actions you have determined, who will follow up on each, and a deadline for reporting back.

3. Go lean on your attendee list.

Do you have tourists in your meetings? People who have climbed “on the bus” by virtue of association, but who really don’t need to be in there? Review your agenda carefully and decide who from your regular attendee list no longer needs to be involved. This can be touchy as you may send the wrong message by simply disinviting them. Be sure to explain why – that the agenda isn’t something to which they need to devote time, and you are revamping in order to minimize meetings and time spent on these so that they can do the work at hand.

4. Avoid highjacking.

Three major ways this can happen to your meeting are when Parkinson’s Law of Triviality is activated, when side-barring occurs, and if you have a personality who tends grandstand or hold court.

a. Parkinson’s Law of Triviality is where people spend a relatively large amount of time, energy, and focus dealing with relatively minor issues. How does this work in a meeting? People will stay with trivia inside of a more major decision because they are more comfortable with that. They may not understand the larger issue at hand, or they may not be fully engaged with it. When this happens, and they begin to “major in minors,” the more important issue being neglected, and a whole team diverted to a side conversation. If you notice this happening, be quick to call people back to the larger focus at hand.

b. Stopping your own meeting to side-bar means that the rest of your team has to wait while you do take care of things that should be cared for in a 1:1 meeting or other forum. It sends a poor message about your own leadership abilities and causes people to lose their focus and engagement during your time together. That’s a hard thing to recapture – so don’t do it!

c. Do you have a grandstander? A personality who considers meetings the place where they can make sure everyone else is impressed with their opinion? This person tends to takes up all the air in the room so that others aren’t able or willing to participate, or interrupts loudly to show expertise. If so, you need to have a critical conversation with this person to help them to understand the behavior you are noticing, how it is adversely impacting the team, and the desired behaviors you want to see instead.

5. Recap of your meeting.

Send out a recap of your meeting notes with appropriate action steps, designated people in charge of them, and deadlines. These notes should be taken by someone other than you to allow you to focus on leading and facilitating. If you have an assistant, this is optimal. If you have a leaner team in attendance for this one, ask one of your members to capture what you want on the agenda so that you can have your assistant type these up later for distribution.

What are your pet-peeve time-wasters in meetings? I’d love to hear more about it.

For more about making your meetings more effective to promote better decisions and outcomes, see McKinsey’s May 2019 article “Want a Better Decision? Plan a Better Meeting” by Aaron De Smet, Gregor Jost, and Leigh Weiss.

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Patti Cotton reenergizes talented leaders and their teams to achieve fulfillment and extraordinary results. For more information on how Patti Cotton can help you and your organization, click here.

The Time My Father Lost a Million Dollars and Went Bankrupt

April 19, 2017 By Patti Cotton Leave a Comment

Your future can hinge on just one critical conversation.

The problem is that many of us don’t like critical conversations.

These often deal with tough issues, and most of us prefer to avoid confronting these, hoping whatever needs to be dealt with will just go away.

It doesn’t.

There was a time, in the 1990s, when my father could have salvaged $1 million and saved his business. Instead, he was forced to sell and declare bankruptcy in the process.

It is a rich case study that bears in-depth analysis and conversation. But for the sake of this topic, let’s focus on the breaking point.

My father’s controller walked in one morning, looking as though she had just suffered a death.

“I have to tell you something,” she said. “It’s not going to be easy to hear.”

My father looked up and said, “Janet, we’ve always been able to talk about the tough stuff. You and I have been together in this endeavor for 30 years. What’s happening?”

“We’ve lost a million dollars,” Janet replied.

“We’ve…what?!” my father gasped.

“We’ve lost a million dollars,” she repeated.

“That’s not possible,” Dad croaked. “Where is it on the books?”

“It’s not on the books,” Janet answered. “The books say we are fine. But it’s not in the bank…”

As the story unfolded, my father watched his business future melt away before his eyes. The billing manager for Medicaid had been stuffing paperwork in her desk drawer, rather than filing for reimbursement. For a year. Over $1 million was lost on the paperwork sitting in her desk drawer.

I’m not going to pretend to know why. There’s so much in this story for analysis that we could hold a week-long seminar on it. Who’s minding the store, protocols and process, checks and balances, accountability…so much…

But the pièce-de-résistance was that Dad’s controller had known about it for some time. She was just afraid to tell him.

The window of opportunity to send in the paperwork for reimbursement had passed. (There was a one-year limit on filing.) The controller knew long before the year was up that this was a problem.

But she had been too afraid to admit to Dad that she had not overseen the billing properly. That she had discovered this months into the process. That when she discovered the problem, she was unable to rectify it by holding the billing manager and the process accountable.

So she figuratively put her head in the sand.

Again, the story is much too long, full, and rich to share here. But my father was faced with having to sell the business because of the loss. And in the process, the buyer forced his hand by requesting that he file bankruptcy or lose the sale.

Dad bankrupted. Against every fiber of his being. Morally speaking, he didn’t agree with not paying his debt (and by the way, bless his soul, over the last 20 years, he has paid back every creditor personally from his own fixed income.)

But he lost a fortune and a future.

Outrageous? Unheard of? Not really. You’d be surprised at the losses in the business world due to just one critical conversation.

What critical conversation are you avoiding?

Patti Cotton helps executives optimize their effectiveness in leading self, others, and the enterprise. Her areas of focus include confidence, leadership style, executive presence, effective communication, succession planning, and masterful execution. With over 25 years of leadership experience, both stateside and abroad, Patti works with individuals, teams, and organizations across industries, providing executive coaching, leadership development, succession planning, change, and conflict management. She is also a Fortune 500 speaker. For more information on how Patti Cotton can help you and your organization, click here.

Patti Cotton

Patti Cotton reenergizes talented leaders and their teams to achieve fulfillment and extraordinary results. For more information on how Patti Cotton can help you and your organization, click here.