Efficiency vs Effectiveness - 874 Words

Efficiency vs effectiveness Source: http://www.digital-knowledge.nl/dikn/en/to-develop/to-change/efficiency-versus-effectiveness.html Change is often difficult; sometimes its not. Sometimes its just a matter of looking at things differently. In our society efficiency is seen as very important, but should we really make efficiency that important? Perhaps by using slightly different, but very similar measures, the nett result is really different! The terms effectiveness and efficiency are related. Efficiency describes the nett use of resources required to perform a task; effectiveness refers to the degree a goal is reached. Efficiency is a measure of the way something functions, as seen from the point of view of that thing or†¦show more content†¦Of course, ideally one should be both efficient and effective. However, when having to make a choice between the two, choosing getting the rights things done (effectiveness) over doing things right (efficiency), might yield better results, in the end. Typically, in modern organisations, all sorts of activities must be recorded, as demanded by protocol. Keeping these records serves some purpose. The combination of goal and content of the administration determines whether it is effective, the way this is done determines its efficiency. The later use of the records determines the ultimate effectiveness of record-keeping. In many cases, record-keeping is done separately from the main process, which makes it inefficient, and in many cases the administration is mainly used to prove an activity was performed, without knowing the end-result, which makes it ineffective. Change that tightly couples the (new) design of processes, products and services to the ultimate goal (customer demand) is very well feasible. However, at the design level it requires a focus on the goal and purpose (i.e. the effect) instead of the efficiency of the implementation. Effective Vs. Efficient: Do You Know The Difference? by Daniel Scocco source: http://www.dailyblogtips.com/effective-vs-efficient-difference/ Effective and efficient are very common business/marketingShow MoreRelatedEfficency Ad Effectiveness1074 Words   |  5 Pagesgoals effectively and efficiently. Efficiency and effectiveness were originally industrial engineering concepts that came of age in the early twentieth century. Efficiency refers to doing things in a right manner. Effectiveness, on the other hand, refers to doing the right things. Management has been defined as a process of getting things done with the aim of achieving goals effectively and efficiently. Literature Review â€Å"Efficiency is doing things right; effectiveness is doing the right things.† (PeterRead MoreOperational Audit1064 Words   |  5 PagesNATURE OF OPERATIONAL AUDIT †¢ Also known as management audits and performance audits. †¢ Conducted to evaluate the effectiveness and/or efficiency of operations. †¢ Examinations of all or part of an entity to determine the degree of its operational efficiency, effectiveness and economy. †¢ Also refers to the auditor’s study of business operations for the purpose of making recommendations about economic and efficient use of resource, effective achievement of business objectivesRead MoreMetrics Essay1436 Words   |  6 Pagesproducts will be percent of supplier orders with correct documentation. Once the problem is converted into metrics we can solve some of the problems. Efficiency (Input/Output) is what can be assumed to create of a measurement dealing more with ratios. It is not considering the actual. For example, floor space, labor, or machine use, etc. Effectiveness mostly focuses on realistic measurement such as (Actual/Target) mostly dealing with percentage. For example, cycle time, cash-to-cash, or stock outRead MorePfizer Case Study1484 Words   |  6 Pagesmanipulating data, scheduling meetings) and only 60 percent to 80 Percent on knowledge work (strategy, innovation, networking, collaborating, critical Thinking. That’s why Pfizer starting to find a solution of this problem to increase their Efficiency and effectiveness. Pfizer build a new kind of structure by using Microsoft Outlook where their connec ting to a outsourcing company where Pfizer can connect with Different worker by email where they can connect with any worker around world and get Cost specificationRead MorePfizer Case Study1500 Words   |  6 Pagesmanipulating data, scheduling meetings) and only 60 percent to 80 Percent on knowledge work (strategy, innovation, networking, collaborating, critical Thinking. That’s why Pfizer starting to find a solution of this problem to increase their Efficiency and effectiveness. Pfizer build a new kind of structure by using Microsoft Outlook where their connecting to a outsourcing company where Pfizer can connect with Different worker by email where they can connect with any worker around world and get Cost specificationRead MoreAn Introduction to Managerial Styles965 Words   |  4 Pageswatch them work! He or she is there to coach or answer questions, supply information if required. Measures of Effectiveness Management involves getting work done through the co-ordinated efforts of other people. Good managers are most likely to be judged not just by their own performance but also by the results of the other staff members. Their effectiveness can be assessed with some factors as: * The strength of motivation and morale of staff * The success ofRead MoreWhat Is The Cost Effectiveness Of Infliximab1619 Words   |  7 PagesSeven articles were finally evaluated in accordance with PRISMA guidelines. All of these papers found explaining the research question and the economic evaluation explicitly. Ron Goeree et al., studied cost-effectiveness of secukinumab 150 mg and 300 mg compared to subcutaneous biologics adalimumab, certolizumab pegol, etanercept, golimumab, and ustekinumab, and intravenous biologics infliximab and infliximab biosimilar in biologic-naive and biologic-experienced patients over a lifetime horizonRead MoreAmerican Connector Company - 11588 Words   |  7 Pages$4.15 vs, $7.21 for ACC. DJC has a $3.06 labor cost advantage over ACC per 1000 uints. b. Is there a trend in costs that should concern management at either DJC or ACC? Over the last 5 years the COG’s for Kawasaki has decreased 37% (41.74% to 26.10%) and the COG’s sold ACC rose 3% (32.91% to 33.79%) 3. Three potential sources of cost difference can be examined: 1) utilization-driven cost difference, 2) differences inherent in each company’s strategy, and 3) operating effectiveness. ExplainRead MorePolicy Monitoring vs. Policy Evaluation Comparison712 Words   |  3 PagesPolicy Monitoring vs. Policy Evaluation Comparison Team D: Aaron Sawyer, Paulette Banks, Buck Charley, Greg Bradley CJA/385 Criminal Justice Policy Analysis amp; Program Evaluation May 23, 2016 Professor: Dr. Duane Benton Policy Monitoring vs. Policy Evaluation Comparison Policy Monitoring Monitoring policies allows the gathering of factual information as to the causes and outcomes of criminal justice policies. For policy monitoring to be effective the information gathered must be relevantRead MoreComparing Progressive Prompt Delay And Without Instructive Feedback Essay904 Words   |  4 Pagesfirst examined if children with ASD and DD could learn when PPD with IF is used as an instructional strategy. Then the effectiveness of IF was research; finally, the study examined the increased efficacy of instruction with the combination of PPD and IF. Researchers sought to focus on the effectiveness of this method for those with ASD and DD due to the limited data of its efficiency with this group of children. The authors chose three 3 to 7 years olds children with autism and 1 child with developmental