Eduardo Briceño- How to Avoid the Performance Paradox
Sep 23, 2023
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Eduardo Briceño, author of 'The Performance Paradox: Turning the Power of Mindset into Action,' discusses the importance of growth mindset, creating a safe space for improvement, and balancing the learning and performance zones. He highlights the need for reflection in the learning process and emphasizes the impact of external pressure on personal and organizational growth.
Having a growth mindset is essential for open learning, seeking feedback, and overcoming challenges.
Balancing the performance zone and the learning zone is necessary for continual improvement and avoiding burnout.
Leaders can foster a growth mindset culture by setting expectations around learning, encouraging reflection, and promoting continuous improvement.
Deep dives
The Importance of a Growth Mindset
Eduardo Bracillo discusses the difference between a fixed mindset and a growth mindset. He explains that a growth mindset is the belief that our abilities are malleable and can be developed over time, while a fixed mindset sees abilities as fixed. He emphasizes the psychological implications of having a growth mindset, such as being more open to learning, seeking feedback, and persevering through challenges.
The Performance Paradox: Doing vs. Learning
Bracillo introduces the performance paradox, which highlights the misconception that doing something repeatedly automatically leads to improvement. He stresses that simply going through the motions does not guarantee growth and can even lead to burnout. He explains the need to balance the performance zone, where we aim for flawless execution, with the learning zone, where we embrace challenges, experiment, and seek feedback to continually improve.
Creating a Culture of Growth Mindset
Bracillo shares insights on how leaders can foster a culture of growth mindset within their organizations. He highlights the importance of framing and setting expectations around learning and improvement. By encouraging a safe space for reflection, soliciting feedback, and discussing lessons learned, leaders can promote a continuous learning environment that allows individuals to thrive and contribute to organizational growth.
Overcoming Present Bias and Chronic Performance
Bracillo addresses the present bias, a cognitive bias that leads us to prioritize immediate rewards and performance over long-term growth. He explains that chronic performance, constantly striving for immediate success, can hinder progress and stagnate performance in the long run. By acknowledging the value of learning and intentional improvement, individuals and organizations can overcome present bias and achieve sustainable growth.
Harnessing Reflection and Accountability
Reflection plays a crucial role in the learning process. Bracillo emphasizes the need for regular reflection, both individually and as a team, to identify strengths, weaknesses, and areas for growth. He suggests incorporating reflection into daily routines, leveraging feedback from others, and developing habits that encourage learning and improvement. Accountability is key in maintaining a balance between performance and growth, ensuring that individuals and teams uphold their commitment to continuous learning.
Eduardo Briceño joins the show to discuss his book, the Performance Paradox: Turning the Power of Mindset into Action. He explains that if we focus only on performing, our performance suffers, which is why he coined the term "the performance paradox." Joe and Eduardo discuss the difference between fixed and growth mindsets, how to avoid falling into the chronic performance trap, and what leaders can do to promote a culture of learning, experimentation, and feedback.
Eduardo Briceño is a global keynote speaker, facilitator, and author who guides many of the world’s leading companies in developing cultures of learning and high performance. For over a decade he was the CEO of Mindset Works, the first company to offer growth mindset development services. His TED and TEDx talks have been viewed more than nine million times. He was shortlisted by Thinkers50—described by the Financial Times as the “Oscars of management thinking”—for the Breakthrough Idea Award, given every two years to thinkers who “have ignited Eureka moments in management, offering radical ideas that have the potential to reshape the future of business as we know it.” His book, The Performance Paradox: Turning the Power of Mindset into Action, was selected as a "Must-Read" by the Next Big Idea Club, which is curated by Susan Cain, Malcolm Gladwell, Adam Grant, and Daniel Pink.
Earlier in his career, he was a technology investor with Credit Suisse’s venture capital arm. Prior to that he was an investment banking analyst with DLJ. He holds bachelor’s degrees in economics and engineering from the University of Pennsylvania, as well as an MBA and M.A. in education from Stanford.
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