Wednesday, November 11, 2015

Resource rich vs resource constrained mindsets

Ever since I have returned from the US, I have been thinking about the differences in the civility in the two places (India and US) - respect for an individual's rights and freedoms, at the most fundamental level. And my hypothesis is that it is a function of the mindset created by the perception of availability of resources to the individual. 

So let's hypothesize the differences between the mindsets:

Resource rich: A respect for the other individual's rights, increased patience and law abidance making one usually conservative and less risk-taking. Downside is increased inefficiency and resource wastage leading to high costs.

Resource constrained: This leads to efficient utilization of available resources, an increased need to come up with innovative solutions to problems. However, the downside is a selfish interest for maximizing personal resources, tendency to hoard and extract the maximum for oneself. It also leads to a game of one upmanship with the law, and an under-appreciation of risk assessment.

Therefore, one should attempt to recognize and develop a mindset that is resource availability independent. Learn to only use efficiently the resources available, but believe that with ingenuity and perseverance, one can have access to infinite amount of resources.

No comments:

Post a Comment