A Quote by Peter Drucker

When a resource is scarce, you increase its yield. — © Peter Drucker
When a resource is scarce, you increase its yield.
There is only one important resource which has shown a trend of increasing scarcity rather than increasing abundance. That resource is the most important of all—human beings. . . . [An] increase in the price of peoples’ services is a clear indication that people are becoming more scarce even though there are more of us.
We must recognize that only scarce resources are ownable; second, that the body is a type of scarce resource; third, that the mode of acquiring title to external objects is different from the basis of ownership of one's own body.
The critical thing about the design process is to identify your scarcest resource. Despite what you may think, that very often is not money. For example, in a NASA moon shot, money is abundant but lightness is scarce; every ounce of weight requires tons of material below. On the design of a beach vacation home, the limitation may be your ocean-front footage. You have to make sure your whole team understands what scarce resource you're optimizing.
Unilever, Nestle and SAB Miller are all taking a long-term approach to investing in sustainable resource consumption. Each is driving through better resource management, which is expected to yield positive returns in the future.
The most scarce resource we have these days is the idea.
The definition of the problem, rather than its solution, will be the scarce resource in the future.
By, say, 2025-2030, I expect that there will be multiple jurisdictions that allow the tokenization of virtually any scarce resource, all the way down to personal tokens.
Essentially, wines are fermented grape juice, so I'm trying to make the point that the wine world is about scores and marketing and kind of creating a scarce resource where they don't really exist.
The most abundant resources that we possess amongst the 1.5 million nonprofits in the United States are passion and knowledge, yet our most scarce resource is collaboration.
All of the economic signals in the marketplace are essentially subsidizing the use of dirty fossil fuels and penalizing clean energy. There's really only one entity in society that can solve that problem, and that is government. And the air is a scarce resource.
By design, Bitcoin is a scarce resource with a predictable supply of new issuance. And it is this scarcity and predictable supply that make it so attractive as an underlying asset to bind to economic activity and trade.
Assume that a surgeon has discovered how to do brain surgery, that he can do only one a month, that 1,000 persons a year need such an operation if they are to survive. How is the surgeon's scarce resource to be allocated? Charge whatever price is necessary to adjust supply and demand, say $50,000! 'For shame,' some will cry. 'Your market system will save only wealthy people.' For the moment, yes. But soon there will be hundreds of surgeons who will acquire the same skill; and, as in the case of the once scarce and expensive 'miracle drugs,' the price then will be within reach of all.
I don't believe that same-sex marriages would weaken heterosexual marriage. Marriage is not a scarce resource. I thought that conservatives worried about too few people choosing marriage, not too many.
What would men be without women? Scarce, sir...mighty scarce.
The harrowing of the soul can be like the harrowing of the soil; to increase the yield, things are turned upside down.
To put it simply and a bit crudely: Our economy is demanding more well-educated workers than our schools are providing. To attract this scarce resource, communities have to offer more than just jobs.
This site uses cookies to ensure you get the best experience. More info...
Got it!