Abundancy vs Scarcity Mindset

Planning your organizations next growth level can be either a joy or heartache. It all depends on where your mindset is when you approach the planning process.

As indicated in past communications, the fall of the calendar year tends to be a time when business leaders begin to take some time to evaluate what has taken place in their organization since the last time they did some strategic and tactical planning.  The process flows through a series of review steps comparing the outcome to the prior established target.  From there a deeper level of analysis proceeds to identify what may have happened to affect the results. The analysis tends to focus on those targets which are not achieved with the intent of taking action to correct those items which in turn will help deliver in the next set of targets more productively.

There is nothing wrong with this approach and in fact we encourage such an in-depth review of outcomes.  It might also be suggested that an equal amount of time an energy be invested into understanding and appreciating the elements supporting the deliverables or outcomes which were achieved. Generally speaking, we are conditioned to narrow in on the negatives, the losses, the failures and attempt to garner insights from those challenges. Again, this has its place in growth and development.  I would challenge you to also learn from what is going well and having direct measurable contribution to the best outcomes and deliverables of your organization. This is where your mindset comes into play. 

If your mindset slides into negativity mode you may be influenced by viewing the marketplace, your business, your staff etc. through the lens of scarcity.  Not enough, never enough becomes the repeating mantra in your mind and this causes your future vision to be framed by this picture. If on the other hand your mindset looks at the past, present, and future with an abundance perspective then the actions and plans created are framed in this perspective.

This is not to say that everything is to be viewed through rose-colored glasses. It does give the leadership the opportunity to evaluate on a more balanced approach as to things which we can leverage again moving forward while we also identify a few items the team wants to improve upon so they also can contribute to the organization’s success. It has been our experience that growth comes from leveraging what you do best rather than trying to fix what you don’t do well at all.  This applies to not only the strategic direction of the business but all the elements supporting the direction including department objectives, people talents etc.

This week as you lead yourself and your organization forward, try to self-observe when you are processing in either abundance mindset or scarcity mindset. As you frame where you are at, make an attempt to stop and freeze frame that perspective and look at the same situation and data points through the opposite mindset. By changing the lens by which you view the situation you will become aware of so many more options to become better.  Not just you as a leader but the entire organization as a whole.

Seeking a more open mindset to grow your organization?  Now is the time for you to seek out a Promise Guide at JKL Associates.  Your Promise Guide can assist in broadening your mindset so the lenses you use daily see all the options and are not inadvertently narrowed by a scarcity mindset.  Give us a call at FL (407) 984-7246 or MI (313) 527-7945.

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