Purpose Modern business environments present tremendous uncertainties, risks, novelties, and opportunities. Organizational teams must identify emerging cues before they grow into full-blown issues, to adapt effectively to fast-changing environments. Team mindfulness is a socio-cognitive capability that enhances the ability to detect cues and creates richer awareness of the context. This paper proposes a conceptual model highlighting that team mindfulness directly strengthens the team’s adaptive capabilities and also enhances the absorptive capacity to learn from external sources, thereby further promoting readiness toward change and transformation. Design/methodology/approach This conceptual paper draws from mindfulness theory and team adaptive performance theory to explore how team mindfulness influences the four dimensions of absorptive capacity related to knowledge acquisition, assimilation, transformation, and utilization, which together determine how effectively teams adapt to novelty. Findings This paper presents a conceptual model to show that mindfulness directly affects team learning and adaptive capabilities that are specifically related to acquiring and utilizing knowledge from sources outside the team. It suggests several measures and managerial initiatives promoting mindfulness and absorptive capacity in teams. Originality/value Integrating research on team mindfulness, absorptive capacity, and adaptive performance, this paper provides a starting point for deeper investigations into the mechanisms through which team mindfulness may enable teams to adapt effectively to novelty and uncertainty. Further, it calls attention to the systematic development of mindfulness in organizational teams.