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Efficiency - Wikipedia | #Quality #LEARNing2LEARN

Efficiency - Wikipedia

A common but confusing way of distinguishing between efficiency and effectiveness is the saying "Efficiency is doing things right, while effectiveness is doing the right things." This saying indirectly emphasizes that the selection of objectives of a production process is just as important as the quality of that process.

Efficiency is very often confused with effectiveness. In general, efficiency is a measurable concept, quantitatively determined by the ratio of useful output to total input. Effectiveness is the simpler concept of being able to achieve a desired result, which can be expressed quantitatively but doesn't usually require more complicated mathematics than addition.

 

Efficiency can often be expressed as a percentage of the result that could ideally be expected, for example if no energy were lost due to friction or other causes, in which case 100% of fuel or other input would be used to produce the desired result. This does not always apply, not even in all cases in which efficiency can be assigned a numerical value, e.g. not for specific impulse.

 

Learn more / En savoir plus / Mehr erfahren:

 

http://www.scoop.it/t/21st-century-learning-and-teaching/?&tag=efficient+competitive+intelligence

 

 

Gust MEES's insight:

Efficiency is very often confused with effectiveness. In general, efficiency is a measurable concept, quantitatively determined by the ratio of useful output to total input. Effectiveness is the simpler concept of being able to achieve a desired result, which can be expressed quantitatively but doesn't usually require more complicated mathematics than addition.

 

Efficiency can often be expressed as a percentage of the result that could ideally be expected, for example if no energy were lost due to friction or other causes, in which case 100% of fuel or other input would be used to produce the desired result. This does not always apply, not even in all cases in which efficiency can be assigned a numerical value, e.g. not for specific impulse.

 

Learn more / En savoir plus / Mehr erfahren:

 

http://www.scoop.it/t/21st-century-learning-and-teaching/?&tag=efficient+competitive+intelligence

 

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A checklist for efficient competitive intelligence

A checklist for efficient competitive intelligence | 21st Century Learning and Teaching | Scoop.it

 

As a competitive intelligence manager, you’ve probably grappled with multiple challenges over the years. Common challenges include, how do we develop our company’s internal competitive intelligence network; how can we gain insights in a broad range of specialized topics; how do we share market signals with key stakeholders effectively; how can we maximize the output from internal resources, and more. These are questions we help our clients address with the Intelligence Plaza all the time. here is a quick 10 point checklist for an efficient and trusted competitive intelligence program:


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Gust MEES's insight:

As a competitive intelligence manager, you’ve probably grappled with multiple challenges over the years. Common challenges include, how do we develop our company’s internal competitive intelligence network; how can we gain insights in a broad range of specialized topics; how do we share market signals with key stakeholders effectively; how can we maximize the output from internal resources, and more. These are questions we help our clients address with the Intelligence Plaza all the time. here is a quick 10 point checklist for an efficient and trusted competitive intelligence program:


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