Efficiency: Difference between revisions

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{{infobox4
'''Efficiency''' in narrow, technical sense is relation of output energy to input energy and is always lower than 1 (apart from ''perpetuum mobile'', which doesn't exists as we know). It is more difficult to define efficiency in [[organization]]. Therefore, in English this term is rarely used with respect to companies. It is more convenient to use term [[organizational effectiveness]], which has much wider sense.
|list1=
<ul>
<li>[[Efficiency of management]]</li>
<li>[[Evaluation criteria]]</li>
<li>[[Balanced scorecard]]</li>
<li>[[Capacity analysis]]</li>
<li>[[Zero defects]]</li>
<li>[[Bank efficiency ratio]]</li>
<li>[[Strategic analysis methods]]</li>
<li>[[Total quality control]]</li>
<li>[[Measurement of innovation]]</li>
</ul>
}}
 
'''Efficiency''' in narrow, technical sense is relation of output energy to input energy and is always lower than 1 (apart from ''perpetuum mobile'', which doesn't exists as we know). It is more difficult to define efficiency in [[organization]]. Therefore, in English this term is rarely used with respect to companies. It is more convenient to use term organizational effectiveness, which has much wider sense.


Criteria for performance [[evaluation]] and its effects can be seen on the following planes: teleological, praxeological, economic, ethical, aesthetic, hedonistic.
Criteria for performance [[evaluation]] and its effects can be seen on the following planes: teleological, praxeological, economic, ethical, aesthetic, hedonistic.
Assessment of the operation. Efficient or inefficient activities shall be analyzed it the universal sense or in synthetic sense. Assessment must always be positive (positive) or negative (negative). It can not be indifferent (neutral), because if it does not meet its basic functions.  
Assessment of the operation. Efficient or inefficient activities shall be analyzed it the universal sense or in synthetic sense. Assessment must always be positive (positive) or negative (negative). It can not be indifferent (neutral), because if it does not meet its basic functions.  


Praxeologist is interested in fitness evaluation, belonging to the utilitarian evaluations related to the practical usefulness of the measures implemented. Praxeological ratings are relativized to the [[action]]. These assessments are issued before the operation (ex ante) or after the operation (ex post)
Praxeologist is interested in fitness evaluation, belonging to the utilitarian evaluations related to the practical usefulness of the measures implemented. Praxeological ratings are relativized to the [[action]]. These assessments are issued before the operation (ex ante) or after the operation (ex post)
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Operation is economical, if the ratio of useful due to the costs incurred for the implementation of this measure is greater than one W / K > 1. Operation is inert if the ratio is equal to one W / K = 1, the operation is not economical if the ratio is less than one W / K < 1. The measure of [[cost]]-effectiveness in this [[method]] is the relationship between effort and outcome, rather than the absolute value of the result
Operation is economical, if the ratio of useful due to the costs incurred for the implementation of this measure is greater than one W / K > 1. Operation is inert if the ratio is equal to one W / K = 1, the operation is not economical if the ratio is less than one W / K < 1. The measure of [[cost]]-effectiveness in this [[method]] is the relationship between effort and outcome, rather than the absolute value of the result
{{infobox5|list1={{i5link|a=[[Balanced scorecard]]}} &mdash; {{i5link|a=[[Bank efficiency ratio]]}} &mdash; {{i5link|a=[[Objectives of the organization]]}} &mdash; {{i5link|a=[[Risk analysis in project]]}} &mdash; {{i5link|a=[[Personnel strategy]]}} &mdash; {{i5link|a=[[Capacity analysis]]}} &mdash; {{i5link|a=[[Process analysis]]}} &mdash; {{i5link|a=[[Performance Budget]]}} &mdash; {{i5link|a=[[Effectiveness evaluation]]}} }}


==References==
==References==
* Charnes, A., Cooper, W. W., & Rhodes, E. (1978). ''[http://www.sciencedirect.com/science/article/pii/0377221778901388 Measuring the efficiency of decision making units]''. European journal of [[operational research]], 2(6), 429-444.
* Charnes, A., Cooper, W. W., & Rhodes, E. (1978). ''[http://www.sciencedirect.com/science/article/pii/0377221778901388 Measuring the efficiency of decision making units]''. European journal of [[operational research]], 2(6), 429-444.
[[Category:Praxeology]]
[[Category:Praxeology]]
[[pl:Sprawność]]
[[pl:Sprawność]]

Latest revision as of 21:44, 17 November 2023

Efficiency in narrow, technical sense is relation of output energy to input energy and is always lower than 1 (apart from perpetuum mobile, which doesn't exists as we know). It is more difficult to define efficiency in organization. Therefore, in English this term is rarely used with respect to companies. It is more convenient to use term organizational effectiveness, which has much wider sense.

Criteria for performance evaluation and its effects can be seen on the following planes: teleological, praxeological, economic, ethical, aesthetic, hedonistic. Assessment of the operation. Efficient or inefficient activities shall be analyzed it the universal sense or in synthetic sense. Assessment must always be positive (positive) or negative (negative). It can not be indifferent (neutral), because if it does not meet its basic functions.

Praxeologist is interested in fitness evaluation, belonging to the utilitarian evaluations related to the practical usefulness of the measures implemented. Praxeological ratings are relativized to the action. These assessments are issued before the operation (ex ante) or after the operation (ex post) Efficiency is a measure of compatibility between the model (planning, set) and the actual (real). This measure indicates the extent to which the objective is meet.

Forms of efficiency

Efficacy is a measure of performance evaluation is the difference between a useful effect and effort incurred on the implementation of the action. Action is good, if the difference between the result of a useful and effort incurred for the implementation of this measure is greater than zero (W - K> 0). Operation is inert if the difference is equal to zero (W - K = 0), and the effect is adverse, if the difference is less than zero (W - K <0).

Operation is economical, if the ratio of useful due to the costs incurred for the implementation of this measure is greater than one W / K > 1. Operation is inert if the ratio is equal to one W / K = 1, the operation is not economical if the ratio is less than one W / K < 1. The measure of cost-effectiveness in this method is the relationship between effort and outcome, rather than the absolute value of the result


Efficiencyrecommended articles
Balanced scorecardBank efficiency ratioObjectives of the organizationRisk analysis in projectPersonnel strategyCapacity analysisProcess analysisPerformance BudgetEffectiveness evaluation

References