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Letters to a Young Manager
Elasticity
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363
LTYM >
Please note that this letter is in-process; the following are my notes
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The problem of elasticity of staff time and maintenance budget: increased demand is absorbed for a season, and then in breaks.
The parable of the paddle ball and the elastic; at some point, when hit too hard, the ball flew away?
Yoga stretch and twist: the twist goes a little bit further each week, but eventually you hit the limit
Economic principle of elasticity?
https://en.wikipedia.org/wiki/Elasticity_(economics)
"
Price elasticity of demand
is a measure used to show the responsiveness, or elasticity, of the quantity demanded of a good or service to a change in its price
"
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References...
Takeaways:
A stretch goes further each time, but at some point breaks
Discussion Questions:
For Further Reading:
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, E. G. Happ, All Rights Reserved.