Friday, September 6, 2013

Effectiveness vs. Efficiency

Effectiveness is doing the right things. Efficiency is doing things right. Timing is probably one of the distinguishing characteristics of the excellent company and a good measure of their secret lies in understanding that 80% can be accomplished in 20% of the time at 20% of the cost. They move fast and quick because they know the secret, but the real secret is that that 80% has to be done 100%. The also rans take too long and with a much larger investment. Excellent companies know that no matter how much you plan, planning errors will exist and most of it will be associated with the last 20%. Get it done, get it out there, adjust, refine, finish with real live experience. Planning can only address 80% efficiently.

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Mysteries by Tom Collins include Mark Rollins’ New CareerMark Rollins and the RainmakerMark Rollins and the Puppeteer and the newest, The Claret Murders. For signed copies go to Print and ebook editions are available from Amazon, Barnes & Noble and other online bookstores. The ebook edition for the iPad is available through Apple iTunes' iBookstore.