Productivity = Output / Input.
The activities that your team gets done are considered output and the time you put into them are your input.
Effectiveness = Doing the right things.
The rate at which employees are successful at achieving the results they want.
Efficiency = Doing things right.
If an employee can get more output from the same input, that means your employee has increased efficiency.
Instead of focusing on just one area of your business, why not aim to make improvements over the board? It may require a lot of work to maximize productivity, effectiveness, and efficiency at the same time. It does take effort and even ensures that your team is doing all the right things to bring in revenue.
To increase your team's effectiveness and achieve maximum productivity and efficiency, you’ll need a method that prioritizes and arranges both output and input.
Proper assessment of input leads to greater effectiveness. Proper organization of output leads to greater efficiency. This method is known as planning the foundation of productivity which includes a mission statement, values, and objectives so you can focus on your activities on what matters the most.
Rytfit.ai is great at maintaining a high level of individual effectiveness by creating alignment between mission statements, values, and objectives.