Between efficiency and effectiveness which one is more important for performance
effectiveness
Efficiency is all about saving time, money or effort. Effectiveness is all about getting the job done.Improved:Efficiency is doing things right, and effectivenessis doing the right things. Efficiency is a measure of speed and cost. For example: Efficiency says "Getting someone in here right away is more important than getting the right person later." Effectiveness is a measure of quality. Effectiveness says the opposite: "Hiring the right person is more important than hiring someone right away."
Businesses aim to be both efficient and effective. With meeting both, a business will increase their profit margins and rise about their competition.
The ability to create value through control, innovation and efficiency.
Between efficiency and effectiveness which one is more important for performance
Efficiency effectiveness can only be measured by results; cost efficiency, time efficiency, output efficiency, etc.
effectiveness refers to the ability to produce the desired results. efficiency refers to the correctness of the produced result ex; effectiveness is like making an engine of high performance and efficiency is like the extent to which it works and reach the goal of the manufacture
effectiveness
Leadership is directing, influencing, motivating, guiding the subordinates to perform for a common goal. Management is planning , organizing, staffing, directing and controlling the whole organization to bring efficiency, effectiveness and economy in business.
effectiveness
enhancing the efficiency and effectiveness of the organization
Efficiency is all about saving time, money or effort. Effectiveness is all about getting the job done.Improved:Efficiency is doing things right, and effectivenessis doing the right things. Efficiency is a measure of speed and cost. For example: Efficiency says "Getting someone in here right away is more important than getting the right person later." Effectiveness is a measure of quality. Effectiveness says the opposite: "Hiring the right person is more important than hiring someone right away."
Efficacy is the capacity to produce an effect. It is these conditions that distinguish efficacy from the related concept of effectiveness, which relates to change under real-life conditions. -- Wikipedia: "efficacy"
What role do you think organizational structure plays in an organization's efficiency and effectiveness? Explain.
Effectiveness can be measured by how well goals and objectives are achieved, while efficiency can be measured by the resources required to achieve those goals. Key performance indicators, metrics, and data analysis can be used to measure both effectiveness and efficiency in various aspects of business operations. Regular evaluations and feedback loops can help identify areas for improvement in both effectiveness and efficiency.
adeptness, effectiveness, capability, productiveness.