The Paradox of Abundance: How Resourceful Leaders Navigate Through Resource-Full Circumstances
Eugene Toh
Empowering Lives Through Storytelling | Corporate Leader in Governance | Chairperson at Methodist Welfare Services | Assistant Chief Executive at Energy Market Authority
What if abundance was not always a blessing, and scarcity was not always a problem? How often do we assume that having more is better, without questioning whether it actually leads to better outcomes? The truth is, whether resources are plentiful or constrained, leadership is about adaptability, strategy, and the ability to turn circumstances—good or bad—into opportunities.
I have a friend with an interesting life philosophy that I have come to appreciate over time. Colloquially, it goes like this:
"To have doesn’t mean it is good. Don't have doesn’t mean it is not good."
At first, it sounds counterintuitive. We often equate abundance with security and lack with struggle. But life has a way of proving otherwise. Sometimes, having more can lead to inefficiency, while having less forces people to be more creative, resourceful, and disciplined.
I have seen this play out in organizations. I have worked in places that were financially constrained, where budget deficits pushed teams to become incredibly efficient. The constraints forced them to rethink processes, eliminate waste, and discover better ways of working. Then, even after financial conditions improved, the organization remained stronger because it had developed a culture of discipline and innovation.
On the other hand, I have also worked in organizations with surplus budgets, where resources were abundant and there was no urgent pressure to optimize spending. In those cases, I noticed a more relaxed approach at all levels. While there were still talented and hardworking people, the urgency to be efficient or to innovate was often diminished simply because the pressure was not there.
This principle applies beyond organizations—it shapes entire nations and global power structures. Energy, in particular, has historically dictated the balance of power. For decades, the world was defined by energy scarcity. Countries with oil and gas held immense leverage, while those without had to navigate dependence and vulnerability. But then, everything changed.
The Energy Shift That Redefined Global Politics
Meghan O’Sullivan, in Windfall: How the New Energy Abundance Upends Global Politics, explores how a sudden transformation in global energy production upended traditional power structures. With the rise of shale oil and gas, the U.S. went from being energy-dependent to one of the world’s leading producers. This shift weakened the dominance of traditional energy powerhouses like Russia and the Middle East while giving the U.S. newfound leverage in international diplomacy.
But just as having more resources does not automatically lead to better outcomes, energy abundance came with its own challenges. O’Sullivan warns that mismanagement of this shift could lead to complacency, over-reliance on fossil fuels, or a failure to invest in long-term sustainability. Energy wealth, like any resource, can be a windfall or a pitfall—it depends on how it is used.
This is where O’Sullivan’s influence is most profound. She does not just describe these changes; she has actively shaped the policies that help nations adapt. As a former deputy national security advisor, she has guided energy strategies that balance economic growth, environmental responsibility, and geopolitical stability. She understands that abundance is not inherently good, and scarcity is not inherently bad—it is how leaders respond that matters.
Lessons from O’Sullivan’s Work
Her insights go beyond energy and apply to leadership in any context, regardless of resource conditions. Here are three key takeaways:
Seeing the Bigger Picture
Sometimes, what appears to be a setback is actually a hidden opportunity, and what seems like an easy win can lead to unexpected problems. The key is how we adapt. The world has changed because of energy abundance, and O’Sullivan’s work has helped reshape the global response to this shift.
Leadership—whether in business, government, or any other field—is not about how much you have. It is about how you use what you have. O’Sullivan’s work reminds us that success is not determined by abundance or scarcity, but by the ability to be resource-full and resourceful at the same time.
EHS Expert & Safety Process Leader | Multi-Industry Experience | Protecting Companies, Employees & Environment Through Safety Leadership & Risk Management
1 周This is so true! I have this thing called "curse of the choice" where we have so much choices we don't decide