When it comes to managing the performance of an organization, efficiency is always paramount. Unfortunately, most companies and professionals have a finite mindset. A fixed or finite mindset can collide with some of the tenets of agile performance management. They are limited on what they can imagine in the future of workplace technology and that often limits the expansion and improvement of performance management. There is a concept that is taking the business world by storm, in light of recent technological advances, and it’s one that you need to understand if you are going to make the most of your organization.
What is the Infinite Mindset?
The infinite mindset is every bit as simple as it sounds. You just have to stop thinking that there are limits to what you can and can’t do in business, and what technology can or can’t do. With so many different resources out there, people are now starting to broaden their horizons and see that there may be more to performance management than what they are currently getting from the process.
Leading with an infinite mindset takes a little bit of practice, but it is something that anyone can do. Too often, people treat business like a sport where the resources are scarce and everyone is competing for a different reason. However, it’s time to take a different approach and look at things for what they are. Today, the business world is one where there are nearly infinite resources and also infinite competition. Therefore, there are fewer rules and the objective is much less clear than it used to be.
While the goal of any business is obviously to be successful, business is NOT a finite game. Too often, people assume that it is, but the reality is that business is infinite, and the tools and resources out there are going to help you make it whatever you want it to be. Online training resources are just one example of how you can employ the infinite approach to training and business operations.
There are some finite items that your business should have, but they aren’t necessarily going to be the same as someone else’s. Here are things that should definitely be on your list.
- A cause: Your business obviously needs to operate with a higher purpose beyond making money. Without that higher purpose, you’re not going to do much beyond average.
- A rival: Of course, the competition is out there, but which ones are going to force you to be the best version of yourself and harness the limitless potential that your organization has?
- Solid teams: Today’s business succeeds on a foundation of trust. People need a solid culture where they feel trusted, appreciated, and useful. If you can’t give people a trusting culture with a positive teamwork environment, you are limiting the potential of your business.
- Flexibility: Business changes constantly. Your organization needs to be ready to change course and roll with those changes, no matter what they entail. Having an infinite mindset makes it that much easier to play the long game that is business management and success.
- Courage and optimism: Understanding that business isn’t something with an end goal is crucial. You have to be brave enough to take chances and commit to a lifestyle of business success, not just limiting yourself to what you currently think or know of success in business.
Ultimately, it’s about taking the limits off of your thinking when it comes to business strategy, including growth, performance management, and the implementation of technology. There needs to be a strong sense of trust in the organization but also a mindset that there is limitless potential. Thanks to technology and AI, resources are now infinite and the options for your business are more plentiful than ever. Capitalize on that and embrace this new mindset for success.
Understanding Agile Performance Management
Unlike the traditional performance management process, Agile Performance Management is focused on a much more collaborative approach. It’s about continuous feedback and making sure that people are constantly aware of how they are doing and what they can do to improve. Instead of providing static feedback like the annual reviews that so many companies are fond of, it’s about creating an ongoing dialogue that makes sure that everyone knows what’s going on and that they are doing what is expected of them.
Communication and Coaching
It’s all about feedback. Effective communicating is the heart of agile performance management and it is going to revolutionize the way that your business succeeds. It will allow you to bridge the gap between setting goals and regular performance evaluations, giving you more than just one or two regular milestones where you can check in with your team. The infinite mindset is about constant improvement and development, which is why these two elements work so well together. The process is just as important as the outcome, and that’s what is going to change the way that your business succeeds when you change the way that you handle performance management.
The Bottom Line
The infinite mindset is not a new concept, but it’s one that is definitely becoming more valuable with the implementation of AI and technology in the workplace. As people have more tools and resources for ongoing feedback and support, it’s easier to create a culture of collaborative change and positive communication. This makes sure that the business is ready for success from the beginning, and that people are always on track on a day-to-day basis.
When you only do periodic performance reviews, you’re leaving a lot of time for things to go wrong. By incorporating constant feedback with agile performance management and the infinite mindset, you can course-correct as you go and ensure that everyone is on the path to success. This will save a lot of wasted time, money, and effort and ensure that you don’t have anyone slipping by without the skills or abilities that they need. It’s not about getting rid of the need for feedback and communication, but creating a better way to deliver it and take your business to new levels. After all, with an infinite mindset, the sky is truly the limit.