The Wall Street Journal has an excellent article on the front page of the personal journal section called, “If at First You Don’t Succeed, You’re in Excellent Company.”
Here is an excerpt:
What makes some people rebound from defeats and go on to greatness while others throw in the towel? Psychologists call it “self-efficacy,” the unshakable belief some people have that they have what it takes to succeed. First described by Stanford University psychologist Albert Bandura in the 1970s, self-efficacy has become a key concept in educational circles, and is being applied to health care, management, sports and seemingly intractable social problems like AIDS in developing countries. It’s also a hallmark of the “positive psychology” movement now sweeping the mental-health field, which focuses on developing character strengths rather than alleviating pathologies.