Can Growth Mindset predict the Success of employees in MSME Organisations?

Abstract

How much does the Mindset of an Employee really matter for an organization? This was the research question that we set out to empirically find through our study of the Micro, Small & Medium Enterprises (MSME) segment business units in India.  This Research study validates the role played by the mindset and thereby, hopefully, sets out a new area of research, while understanding the relevance of the role of the mindset of employees, exclusively in MSME units.  This paper begins with the research and relevance of mindset, then, with the support of Carol Dweck’s theory on Mindset, we empirically test the Growth Mindset on 5 critical Variables using regression analysis. The Results clearly indicate the relevance of the Growth Mindset among employees of MSME organisations, especially while dealing with challenges, obstacles, efforts, criticism and ability to deal with the success of others in their respective situations.