Resource intensive

Refers to a process or activity that requires a significant amount of resources, such as time, money, labor, and materials, to complete. Resource-intensive processes or activities can be challenging to manage, as they can drain a company’s resources and reduce overall productivity. For example, product development or research and development activities are often resource-intensive, requiring significant investment in time and money to complete. To manage resource-intensive activities, businesses must carefully allocate resources, prioritize tasks, and ensure that they are utilizing resources efficiently to achieve their goals while minimizing waste and unnecessary expenditure.

An example of “resource intensive” in business coaching could be a coach advising a client to carefully consider the costs and benefits of pursuing a particular business opportunity or strategy that requires significant resources, such as time, money, or personnel. The coach may help the client evaluate the potential risks and rewards of this approach, and develop a plan for allocating resources in a way that maximizes their impact. By balancing the demands of resource-intensive activities with the realities of the business environment, the client can optimize their use of resources and achieve their goals more efficiently. The coach can provide guidance and support as the client navigates these challenges, helping them to stay focused and strategic.

Resource intensive DEFINITION:

1. Requiring significant resources, such as time, money, or manpower, to complete or operate. 2. Consuming a large amount of resources relative to the expected benefits or output.