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Management: Effectiveness versus efficiency 4 Articles
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Management is almost entirely concerned with getting things done and determing how to get things accomplished. In each manager's mind there is a debate over whether more concern should go into low-cost production or to disregard
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Efficiency vs. Effectiveness
Efficiently or effectively is thing my two friends have been arguing for these past years. "Come on, do it efficiently" yelled one of my friend. "What is the point of doing it efficiently if you are
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Efficiency alone will put your company on the fast track to bankruptcy.
Effectiveness (efficacy) alone *may* allow your company to survive. However the company will not reach its maximum potential if it is inefficient.
Effectiveness
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Linear progress is for dummies whereas curved progress is what intelligent people should always aim for... let me clarify. A good example is the very serious daily business I have to conduct as a self-employed westerner. Each
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