There are many people who confuse efficiency
with effectiveness, and usually use the two terms as having the same meaning.
It is good to clarify that efficiency is not the same as effectiveness, while
under the second seeks only the achievement of objectives and goals, the first
seeks the same but taking advantage of the minimal use of resources.
We have, then, that the efficacy has only to
do so while taking into account efficiency means.
As we said already, it can be effective
without being efficient.
However in the business world, it
is imperative to achieving efficiency if we want to achieve excellence.
How is this achieved? By considering some
factors. The first factor to consider - people. You can not pass over people by
the mere fact of wanting to achieve goals at the expense of whatever.
You should promote a business model in which
the interactions that occur between members of the organization, are
underpinned by trust. This should be an engine of any institution.
Must keep the commitment and human resource
especially in those businesses in which human capital is fundamental.
There must be ensured within all
organizations easily defined roles of each person, setting functions is
essential, as well as promoting collaboration and talent management and
promotion.
All these aspects must be included in each
area of the company
or enterprise, monitor the thoroughness of compliance.
The higher productivity of any company is
given for the best use of time, the higher quality of the activity and the
positive efficiency.
Business efficiency is to support the
performance and productivity, which can only be achieved when good decisions
are made and work rigorously enforced. This requires collective commitment.
Efficiency is opposed to improvisation and
luck. Chance has no place. Requires, instead a pool of competent professionals,
a culture of sustainable business, unified thinking and good work habits and
discipline.
An efficient company is characterized by how
well it creates value and wealth creation; clearly defines its objectives and
goals; It is systematically implementing processes and systems; by concern for
solving the problems of customers; by designing development plans permanently;
their effective work motivation; by promoting talent.
Now, once achieved efficiency, the company
must work to stay on this scale and obviously continue to grow.
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