The Pygmalion Effect is a psychological phenomenon where higher expectations lead to improved performance in individuals. Named after the Greek myth of Pygmalion, who fell in love with a statue he created, this effect illustrates how belief in someone's potential can influence their success. When teachers, managers, or leaders expect more from their students or team members, those individuals often rise to meet those expectations. This effect is closely related to the concept of self-fulfilling prophecy, where a person's belief about another's abilities can shape their behavior and outcomes. Research shows that positive reinforcement and encouragement can significantly enhance motivation and achievement, demonstrating the power of expectations in various settings, including education and the workplace.