Strive for operational efficiency and effectiveness from "summary" of The E-Myth Enterprise by Michael E. Gerber
Strive for operational efficiency and effectiveness is a fundamental concept that every entrepreneur must grasp in order to build a successful enterprise. It is about understanding that the way you operate your business directly impacts its performance and ultimately its success. To strive for operational efficiency means to constantly seek ways to streamline and improve your business processes. This involves eliminating any unnecessary steps, reducing waste, and finding ways to do things more quickly and effectively. Efficiency is all about doing things right, in the most effective and economical way possible.
On the other hand, striving for operational effectiveness is about doing the right things to achieve your business goals. It is not just about being efficient, but also about being strategic and making sure that every action you take contributes to the overall success of your enterprise. Effectiveness is about achieving your desired results in the most efficient way possible.
When you combine operational effic...
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