Thread: The 1% rule
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Old 04-28-2008, 11:58 PM   #9 (permalink)
maxdof
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Quote:
Originally Posted by borntosucceed View Post
Yes interesting how we sometime limit ourselves. But how can you change your current processes to free up some time. For example start handling phone calls more effectively so you spend less time on the phone, you can start speed reading, write shorter emails etc.
Time is not compactable so you will reach a limit.
And when you will be writing only by acronym, you will have a limit too.

I am playing here with the definition of production, effeciency and effectiveness.


Production: the act or process of producing something.
For a pure producer: Output = Input

Efficiency: the ratio of the output to the input of any system
Ouput = Efficiency x Input

Efficteveness: Ability to achieve stated goals or objectives, judged in terms of both output and impact.
Output = Efficiency x Input + Impact
or Output = (Efficiency + Impact) x Input
or whatever you see what I mean.

"A producer can invest one hour of effort and produce one unit of results, assuming no loss of
efficiency.
A manager, on the other hand, can invest one hour of effort and produce 10 or 50 or 100 units
through effective delegation. "
Stephen Covey, The Seven Habits of Highly Effective People


So,
  • if you focus only on your production, you will have a limit which will appear soon enough. When you propose to work faster, read faster, stay longer at work, write shorter emails, you increase production. This is not enough, bebacuse
  • If you focus on efficiency, you have more leverage.
  • And if you focus on effectiveness, the limit is hardly measurable


Btw, are you a producer, a manager, or a leader?
"Management is efficiency in climbing the ladder of success; leadership determines whether the ladder is leaning against the right wall." Stephen Covey, The Seven Habits of Highly Effective People


What did you seminar say? To increase what? Productivity, efficiency, effictivenes?
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