A common Management Fallacy is in believing that “an efficient business is an effective business”.

An Efficient Business is not always an Effective Business. 

This video discusses:

  1. Efficiency Benefits, limitations and when Efficiency alone can be detrimental for your business
  2. Effectiveness and the subtle difference between an Effective Business vs an Efficient business
  3. Efficiency Strategy drawbacks
  4. and Differentiates an Effective Business from just an Efficient business