Productivity concepts require both effectiveness and efficiency.
Productivity is a performance measure that includes effectiveness and efficiency. Effectiveness is MEETING THE NEED of the customers. Efficiency is meeting needs at a low or economic cost. 
Productivity; Is Your Organization Productive?
An organization is productive if it achieves its goals by transforming inputs into outputs at the lowest costs. That means productivity requires both effectiveness and efficiency. Productivity is a performance measure that includes effectiveness and efficiency. Effectiveness is MEETING THE NEED of the customers. Efficiency is doing that at a low cost.
Is your organization productive? If not, you and your management must do something urgently, or else your heading towards extinction is inevitable. Practice Productivity concepts.
Productivity & Profitability: Success Key for Impact
Productivity is the heart yearning of everyone, just like fruitfulness. Productivity is producing and producing gainfully. Do you MEASURE/CALCULATE your productivity weekly, monthly or yearly? Is either unproductivity on one item or several? Productivity CALCULATE how wise or prudent (efficiency) you are concerning the use of resources. It shows EMPHATICALLY how much VALUE you have added to your life. Your resources are time, energy, money, materials, people, and equipment. Many are not conscious of the fact that they are producing. Either they’re PRODUCING something or nothing. The goal of production is economic, physical, and spiritual well-being. 
Boosters Of Productivity.
- Investment in physical capital. Capital is the most important thing to START up your life, business, and career, not necessarily money as many erroneously understand it in Economics class.
Questions:
How much attention, money, and time do you invest in the most important factor of the enterprise called your life?
- Skill – is dexterity. It competes with the physical capital needed to take advantage of the investment. It’s quantity and quality of labour.
More… at LIVE/ZOOM Meeting. CONTACT Mike Ihezuo.
