Business Group
Question:
sven90
Student
High School - 12th Grade
How may an organization become both highly efficient and highly effective?
What are some examples of real technical methods?
Answers:
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krishna-agrawala Teacher
Graduate SchoolPosted by krishna-agrawala on Friday July 3, 2009 at 10:57 PMThough efficiency and effectiveness are two separate aspects of an organization, it is observed that organization that perform well in one of these ares also do well in the other. The reason for this can be attributed directly to the ability of the organization to manage itself well.
An organization that is well managed is able to determine clearly what objectives are in its best interest, and take necessary steps and adopt all appropriate processes and policies to achieve those objectives.
There are no separate technical methods for achieving efficiency, effectiveness, or a combination of the two. The common processes of management including planning, organizing, leading and controlling, when performed well in line with a company's operations and environment, automatically lead to better performance.
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