{"id":12428,"date":"2023-08-17T07:05:12","date_gmt":"2023-08-17T07:05:12","guid":{"rendered":"https:\/\/isafespend.com\/news\/goldman-sachs-exec-the-no-1-soft-skill-successful-people-use-to-get-ahead-at-work-and-how-to-develop-it\/"},"modified":"2023-08-17T07:05:14","modified_gmt":"2023-08-17T07:05:14","slug":"goldman-sachs-exec-the-no-1-soft-skill-successful-people-use-to-get-ahead-at-work-and-how-to-develop-it","status":"publish","type":"post","link":"https:\/\/isafespend.com\/?p=12428","title":{"rendered":"Goldman Sachs exec: The No. 1 soft skill successful people use to get ahead at work\u2014and how to develop it"},"content":{"rendered":"<div id=\"MakeItRegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-1\" data-analytics=\"MakeItRegularArticle-articleBody-5-1\"><span class=\"HighlightShare-styles-makeit-hidden--MFwCR\" style=\"top:0;left:0\"><\/span><\/p>\n<div class=\"group\">\n<p>Shekhinah Bass cut her teeth \u2014 and built her career \u2014 at one of the most competitive, powerful firms on Wall Street: Goldman Sachs.\u00a0<\/p>\n<p>After 17 years at the firm, the mother of five is now Goldman Sachs&#8217; head of talent strategy within the firm&#8217;s human capital management division.<\/p>\n<p>The most important soft skill that distinguishes high performers at Goldman Sachs, and propels people to successful careers on Wall Street at large, she&#8217;s discovered, isn&#8217;t creative dealmaking or a confident attitude \u2014 it&#8217;s having a growth mindset.\u00a0<\/p>\n<p>&#8220;They&#8217;re the ones who come to a job hungry to learn new skills, who are open to feedback and willing to act on it,&#8221; Bass, 39, tells CNBC Make It. &#8220;Those are the people that go far in their careers.&#8221;<\/p>\n<p>Coined by psychologist Carol Dweck, a growth mindset is when you see your abilities, talent and knowledge as skills you can continue to grow and improve upon. The opposite is a fixed mindset, or the belief that your skills and talents can&#8217;t change over time.\u00a0<\/p>\n<p>&#8220;The passion for stretching yourself and sticking to it, even (or especially) when it&#8217;s not going well, is the hallmark of the growth mindset,&#8221; Dweck wrote in her 2006 book, &#8220;Mindset: The New Psychology of Success.&#8221; &#8220;This is the mindset that allows people to thrive during some of the most challenging times in their lives.&#8221;<\/p>\n<p>In the workplace, Bass says, you can measure your growth mindset based on how you respond to feedback from your manager and co-workers.\u00a0<\/p>\n<p>&#8220;Feedback can help you identify your blind spots, so you can shift or change how you&#8217;re showing up in certain work situations,&#8221; she explains. &#8220;With a growth mindset, you will see those blind spots as things that are within your control to improve.&#8221;\u00a0<\/p>\n<p>To develop and practice a growth mindset at work, you&#8217;ll need to set challenging goals for yourself, be willing to take risks and seek out feedback and coaching from others.\u00a0<\/p>\n<p>Next time you receive constructive criticism, consider one of the following responses, which show that you&#8217;re open to the feedback rather than &#8220;shutting it down,&#8221; says Bass:<\/p>\n<ul>\n<li>&#8220;I hear your feedback. Here are the things I&#8217;m going to do to try and improve upon that area for development:&#8221;<\/li>\n<li>&#8220;That&#8217;s not yet a strength of mine, but it&#8217;s something I am going to focus on.&#8221;\u00a0<\/li>\n<\/ul>\n<p>Through extensive research, neuroscientists have found that a growth mindset is the most effective frame of thinking for achieving goals, gaining new skills, viewing your failures as learning opportunities and developing positive changes in your life.\u00a0<\/p>\n<p>It&#8217;s also one of the most sought-after skills companies look for in the people they hire, Bass adds.\u00a0<\/p>\n<p>&#8220;Are you open to improving on something, or are you the type of person to walk out of the room and say, &#8216;Whatever, nothing&#8217;s going to change&#8217;?&#8221; says Bass. &#8220;Being thoughtful and willing to try something new or different goes a long way.&#8221;<\/p>\n<p><em><strong>Want to be smarter and more successful with your money, work &amp; life?\u00a0<\/strong><\/em><em><strong>Sign up for our newsletter<\/strong><\/em><em><strong>!<\/strong><\/em><\/p>\n<p><em>Get CNBC&#8217;s free\u00a0<\/em>Warren Buffett Guide to Investing<em>, which distills the billionaire&#8217;s No. 1 best piece of advice for regular investors, do&#8217;s and don&#8217;ts, and three key investing principles into a clear and simple guidebook.<\/em><\/p>\n<p><em><strong>Check out:<\/strong><\/em><\/p>\n<p><em><strong>This 90-year-old woman had the same job for 74 years\u2014her best advice for being happier at work<\/strong><\/em><\/p>\n<p><em><strong>The No. 1 habit that sets successful people apart from everyone else, says psychologist: It&#8217;s a &#8216;nonnegotiable&#8217;<\/strong><\/em><\/p>\n<\/div>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-107277424\">\n<div role=\"button\" tabindex=\"0\" id=\"Placeholder-ArticleBody-Video-107277424\" class=\"PlaceHolder-styles-makeit-wrapper--thzO_\" data-vilynx-id=\"7000311414\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-styles-makeit-videoEmbed--utFcj\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-styles-makeit-wrapper--wHgUB\">\n<div class=\"InlineVideo-styles-makeit-inlineThumbnailContainer--G6zAg\"><span class=\"InlineVideo-styles-makeit-videoButton--l7wPM\"><\/span><span class=\"InlineVideo-styles-makeit-playButton--CGx6m\"><span class=\"PlayButton-styles-makeit-playButton--cTuKx\" data-test=\"PlayButton\"><\/span><\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.cnbc.com\/2023\/08\/16\/goldman-sachs-exec-the-nopoint1-soft-skill-that-sets-successful-people-apart-at-work-.html\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shekhinah Bass cut her teeth \u2014 and built her career \u2014 at one of the most competitive, powerful firms on Wall Street: Goldman Sachs.\u00a0 After 17 years at the firm, the mother of five is now Goldman Sachs&#8217; head of talent strategy within the firm&#8217;s human capital management division. The most important soft skill that<\/p>\n","protected":false},"author":1,"featured_media":12429,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[],"class_list":{"0":"post-12428","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Goldman Sachs exec: The No. 1 soft skill successful people use to get ahead at work\u2014and how to develop it | iSafeSpend<\/title>\n<meta name=\"description\" content=\"Shekhinah Bass cut her teeth \u2014 and built her career \u2014 at one of the most competitive, powerful firms on Wall Street: Goldman Sachs.\u00a0After 17 years at the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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