Companies often talk about employee effectiveness and efficiency when brainstorming ways to improve business. While they sound similar, effectiveness means something entirely differ.

The old furnace was rated at 70,000 BTUs, but based on new energy efficiencies, it was replaced with a 60,000 BTU furnace. Understandably, the old furnace was 7 years old, and being in tech, I ...

Both effectiveness and efficiency are important, but the key is to balance them appropriately. Being effective without efficiency can lead to wasted resources and unnecessary costs. Conversely, being ...

It was management author Peter Drucker who made the perfect distinction between efficiency and effectiveness. He wrote that efficiency is doing things right; effectiveness is doing the right things.

The most effective mechanisms for enhancing efficiency were expedited arbitration procedures (50%) and early determination procedures for manifestly unmeritorious claims or defences (49%).

When thinking about efficiency, think local, operational short-term wins through cost reduction or consolidation, whereas effectiveness focuses on a more macro level, considering the impact on not ...

Where efficiency requires teachers to follow run-of-the-mill pedagogy, effectiveness banks upon teachers' empowerment and ability to teach, inspire and guide. The difference is not merely theoretical.

Some Examples of Efficiency and Effectiveness Measures I’ve created a simple example, based on the balanced scorecard technique, popularized in a Harvard Business Review article by Kaplan and Norton ...

Efficiency should be a concern for officials who use public funds, but effectiveness is paramount. Trying to cut costs in a war, for example, is useless if the outcome means losing the battle.

Marketers are confusing efficiency with effectiveness, prioritising what is urgent over what is important and what is easily measured over what is crucial to know. Unfortunately, despite readily ...

Finally, efficiency advocates suggested that the PUC should stop requiring the Energy Trust to calculate separate cost effectiveness ratios for measures in gas and electrically heated homes ...