Answer to Question #183250 in Management for bimel rao

Question

. in today environment, explain which is more important to organizations – efficiency or effectiveness?

Answer 1

Efficiency focuses on the process, whereby it aims at getting a maximum output with minimum inputs. An organization’s efficiency depends on the workforce by how they are committed to achieving the company’s priorities and goals. Also, the managers must be committed to work for better efficiency. On the other hand, effectiveness focuses on the results. It evaluates if the desired output is met by the actual output. To ensure effectiveness is achieved, organizations should aim at offering quality products and services by evaluating the interests and needs of their clients. Also, human resource departments should aid to achieve this effectiveness by assisting with the design of new business policies. To be successful, organizations must be both effective and efficient.