Key Terminology that should be in your vocabulary as a business owner:
- Productivity – achieving the greatest results in the shortest period of time
- Leverage – achieving the greatest results with the least amount of effort
- Effectiveness – doing the right things to produce superior results
- Efficiency – doing things right to produce consistent and rapid results
- Strategic – planning for and executing on high-level, high-priority, and high-leverage activities that produce optimal results
How often do you use these words and in what circumstance?
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