Difference between effectiveness and efficiency

The difference between effectiveness and efficiency is that the effectiveness It has to do with the fulfillment of the objectives, that is to say when a company achieves its planned objectives it is said to be effective. On the other hand, a company can be efficient To the extent that it meets the objectives with the least amount of resources, this means that a company can be effective but not efficient. There is no doubt that these two terms have to do directly with productivity, since if a company that is effective in its planning and efficient in its processes is said to be productive. There are very few really productive companies and they are generally prestigious companies that have taken the issue to levels very high, where productivity, effectiveness and efficiency are culturally inculcated themes at all levels organizational.

Advertisements

In this article you will find:

Definition of efficiency

Efficiency: The efficiency is productivity, which measures how quickly someone can do a task. It has a lot to do with the concept of "being efficient", that is, producing the same thing with fewer resources.

The efficiency means a level of performance of a process which uses the least amount of inputs or inputs to create the most products or results.Efficiency relates to the use of all inputs in the production of any product, including personal time and energy.The efficiency it is a measurable concept that can be determined by determining the relationship between the useful return and the total.Minimize the waste of resources such as physical materials, energy and time, while successfully achieving the desired output.

Advertisements

Efficiency impacts

An efficient society is better able to serve its citizens and operate in a healthy way. When products are produced efficiently, they can often be sold at a lower price. The gains that have been made in efficiency have also made it possible to maintain a higher standard of living, including living in homes with electricity, clean water and moving more quickly. The efficiency it translates into a sharp drop in hunger and malnutrition, as goods can be transported in greater volume and faster. Furthermore, improvements in efficiency have allowed the work week to decrease considerably in some countries. Theoretically we can get more work done in a short period of time, so it is no longer necessary to spend those extra hours in working hours.

Efficiency is an important attribute because all inputs are scarce. Time, money and raw materials are limited, so it makes sense to try to conserve them while maintaining an acceptable production level or an overall production level.

Advertisements

Being efficient simply means reducing the amount of wasted inputs.

Definition of efficacy

Effectiveness: The effectiveness is to meet the proposed objectives. It has to do with the ability or ability to do something, but not how it is done.

Advertisements

Generally in companies the effectiveness It is well seen, because the work for which a person was hired is being fulfilled, but it is always good to go beyond the effectiveness, that is, trying to do the same tasks in less time or with fewer resources.