Self-efficacy can be defined as the optimistic self-belief in our chances
of successfully accomplishing a task and producing a favourable outcome. When
we incorporate the belief aspect, we can take it one step further and as Henry
Ford famously put it, whether you believe you can or you
can’t, you are right.
Someone who commands a large space on
the self-efficacy platform is Albert Bandura. Bandura reinforces the meaning of self-efficacy as a
person’s belief in his or her ability to succeed in a particular situation.
Bandura described these beliefs as determinants of how people think, behave,
and feel.
From a general perspective self-efficacy is often intertwined with confidence, resilience, self-esteem and motivation and although there is an evident correlation it is worth exploring why the connection exists and the subtle difference which separates them.
Confidence refers to the strength of belief but
does not necessarily specify what the certainty is.
Resilience refers to the ability to bounce back from
failure.
Self-esteem refers to a person’s overall sense of his or
her value or worth.
Motivation refers to the desire to achieve a goal.
Self-efficacy will encapsulate all the above and that’s why
I believe a sliding scale based on your values is the best way to interpret self-efficacy.
High values equal high outcome, low values equal low outcome. When you
introduce a set of stringent values and morals into your life by default your
quality-of-life increases, which increases your positive outcomes, which
increase the quality of your relationships which makes for a better you. The
opposite is also true.
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