The hottest Resource Allocation Substack posts right now

Russian economy under pressure with falling ruble, inflation fears
Sanctions impacting Russia's oil revenues and trade balance
Russia adapting to long-term 'war economy' with potential implications for future conflicts

There's a lot of uncertainty in today's world, not just risk. This means leaders need to understand how these two concepts differ to make better decisions.
Mixing up uncertainty with risk can lead to poor choices and wasted resources. It's important to clarify what you're dealing with to avoid making mistakes.
When leaders are clear about uncertainty, they can use their limited resources more effectively. Strategies that focus on uncertainty tend to be cheaper and work better than traditional risk management.

Product roadmapping is like conducting a symphony with prioritization setting the rhythm.
Key elements of a product roadmap include vision, strategy, roadmap, prioritization, and backlog.
Balancing stakeholder needs in roadmapping, aligning short-term goals with long-term vision, and agile adaptation are crucial for successful product development.

Understanding opportunity costs is key. When making decisions, we need to consider not just the money spent, but also what we give up in terms of time and other choices.
Efficiency helps us analyze economic situations. It's not just about being the best, but about understanding how resources can be better allocated and identifying areas needing improvement.
Profits and losses guide resource allocation. They act like signals in the market, showing which businesses are successful and which aren’t, ultimately helping to improve overall economic efficiency.

Planning for the worst may not be the best strategy for intelligently allocating resources.
Organizations often over-invest resources in low-percentage operational scenarios, leading to unnecessary pressure.
Quantify the costs and payoffs of different scenarios to ensure that resources are mapped to value and not solely based on worst-case fears.

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The tax reform bill in Brazil consolidates multiple indirect taxes into two main taxes with a high estimated rate.
The reform eliminates the states' fiscal autonomy and introduces a Regional Development Fund funded by taxpayer resources.
The approved reform intensifies resource transfer from richer to poorer states, solidifying a system that benefits certain regions.

The knapsack problem is a common optimization issue in resource allocation.
Engineering work-items should be valued and allocated resources similar to product features.
A hybrid approach that prioritizes engineering work during transition periods can help balance resource allocation.

China's urbanization led to over 200 million people living in cities without proper residency permits, creating a challenge for accessing public services based on hukou.
China's debt compared to GDP is similar to America's, with more corporate debt than government debt due to underdeveloped equity markets.
China's economic success from globalization also brought domestic imbalances like heavy production and under-consumption, leading to reliance on exports and trade conflicts.

We can make scheduler systems smarter by adding task requirements like region and resource slots. This means a worker can only take on a task if it has the right resources available.
Workers compare the incoming requests against their available resources. If they can't meet the requirements, they simply ignore the task instead of taking it.
The system can be expanded to include more detailed requirements in the future, such as specific CPU types or GPU support, making it adaptable to different tasks and workloads.