Scarcity or Abundance Mindset? How Scarcity-Minded Leaders Undermine Team Culture and Potential

C-suite executives should look behind the curtain of tactical excellence to ensure that managerial positions on IP and legal teams are held by highly effective managers and leaders. Absent such scrutiny, executives may aid and abet the perpetuation of toxic culture, stifled professional development, suboptimal decisions, and unpreparedness for the future.

To ascertain whether a manager is the right or wrong person for the role, one useful exercise is to determine if, and to what extent, the manager operates with a scarcity mindset or an abundance mindset. These dramatically different paradigms have highly consequential implications. A scarcity mindset is destructive, while an abundance mindset is productive.

Armed with these insights, executives can take proactive steps to minimize scarcity and actualize abundance and, in so doing, establish optimal conditions for achieving excellence in their organization.

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