Importance of Resourcefulness (HBR)

Being resourceful is now a necessary skill for today’s generation of leaders. It is not simply a matter of doing more with less — companies have preached this for at least a generation. Rather, what’s important is the realization that you can do more with less because you and your colleagues are more capable than you first believed.

Resourcefulness is not a means of coping with deprivation; it can be a virtue that opens the door to greater accomplishment. Based on my observations of what resourceful leaders do, here are some suggestions for being resourceful.

You must first start with an open mind. “Redefine the possible.” This is line is attributed to Nandan Nilekani, a co-founder of InfoSys, India’s $2 billion IT services company. According to The Economist, Nilekani used this statement to encourage fellow Indians to realize how they could leverage their talents and resources to empower themselves to fulfill their goals. Being open minded about new possibilities is critical to putting resourcefulness into action. The leader who steps up and says “yes we can do this” is one who can push colleagues to do things that some might consider impractical.

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First posted on 1/13/2010