Abundance mentality: Difference between revisions
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'''Abundance mentality''' or abundance mindset, is a business concept in which which a person believes there are enough resources and success to share with others. It is commonly contrasted with the scarcity mindset, which is founded on the idea that, given a finite amount of resources, a person must hoard their belongings and protect them from others. Individuals with an abundance mentality are supposed to be able to celebrate the success of others rather than be threatened by it.<ref>{{cite journal | url = http://www.sirim.my/techinfo/P3/Management/Sept-Oct04/sept-oct04_article19.pdf | format = pdf | last = English | first = L | title = The 7 Habits of Highly Effective Information Professionals, Part 7 | journal = DM Review | year = 2004 | pages = 60-61 | volume = September/October '04}}</ref> Abundance mentality is believed to come from having a high [[Self-esteem|self worth]] and security, and leads to the sharing of profits, recognition and responsibility.<ref>{{cite book | last = Covey | first = S | authorlink = Stephen Covey | isbn = 1588321061 | title = The Power of Character | publisher = Unlimited Publishing | pages = [http://books.google.ca/books?id=L60a47176F8C&pg=PA103 103] | year = 2004 }}</ref> Organizations may also apply an abundance mentality while doing business.<ref>{{cite book |author=Krayer, Karl J.; Lee, William Thomas |title=Organizing change: an inclusive, systemic approach to maintain productivity and achieve results |publisher=Pfeiffer |location=San Diego |year=2003 |pages= [http://books.google.ca/books?id=-XxVNBy6FBEC&pg=PA238 238] |isbn=0-7879-6443-3 |oclc= |doi= |accessdate=}}</ref> | '''Abundance mentality''' or abundance mindset, is a business concept in which which a person believes there are enough resources and success to share with others. It is commonly contrasted with the scarcity mindset, which is founded on the idea that, given a finite amount of resources, a person must hoard their belongings and protect them from others. Individuals with an abundance mentality are supposed to be able to celebrate the success of others rather than be threatened by it.<ref>{{cite journal | url = http://www.sirim.my/techinfo/P3/Management/Sept-Oct04/sept-oct04_article19.pdf | format = pdf | last = English | first = L | title = The 7 Habits of Highly Effective Information Professionals, Part 7 | journal = DM Review | year = 2004 | pages = 60-61 | volume = September/October '04}}</ref> Abundance mentality is believed to come from having a high [[Self-esteem|self worth]] and security, and leads to the sharing of profits, recognition and responsibility.<ref>{{cite book | last = Covey | first = S | authorlink = Stephen Covey | isbn = 1588321061 | title = The Power of Character | publisher = Unlimited Publishing | pages = [http://books.google.ca/books?id=L60a47176F8C&pg=PA103 103] | year = 2004 }}</ref> Organizations may also apply an abundance mentality while doing business.<ref>{{cite book |author=Krayer, Karl J.; Lee, William Thomas |title=Organizing change: an inclusive, systemic approach to maintain productivity and achieve results |publisher=Pfeiffer |location=San Diego |year=2003 |pages= [http://books.google.ca/books?id=-XxVNBy6FBEC&pg=PA238 238] |isbn=0-7879-6443-3 |oclc= |doi= |accessdate=}}</ref> | ||
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[[Category:Cognitive biases]] | [[Category:Cognitive biases]] | ||
Latest revision as of 15:37, 29 April 2009
Abundance mentality or abundance mindset, is a business concept in which which a person believes there are enough resources and success to share with others. It is commonly contrasted with the scarcity mindset, which is founded on the idea that, given a finite amount of resources, a person must hoard their belongings and protect them from others. Individuals with an abundance mentality are supposed to be able to celebrate the success of others rather than be threatened by it.[1] Abundance mentality is believed to come from having a high self worth and security, and leads to the sharing of profits, recognition and responsibility.[2] Organizations may also apply an abundance mentality while doing business.[3]
See also
- Endowment (Philosophy)
- Nonrival good
- Post scarcity
- The Seven Habits of Highly Effective People
- Win-win game
References
- ↑ English, L (2004). "The 7 Habits of Highly Effective Information Professionals, Part 7" (pdf). DM Review September/October '04: 60-61. http://www.sirim.my/techinfo/P3/Management/Sept-Oct04/sept-oct04_article19.pdf.
- ↑ Covey, S (2004). The Power of Character. Unlimited Publishing. pp. 103. ISBN 1588321061.
- ↑ Krayer, Karl J.; Lee, William Thomas (2003). Organizing change: an inclusive, systemic approach to maintain productivity and achieve results. San Diego: Pfeiffer. pp. 238. ISBN 0-7879-6443-3.