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Leading Edge Management - Coggle Diagram

- - - - Effectiveness
        
        Slogan: "Doing the right things."
        
        Core focus: Goal attainment & Outcomes.
        
        Definition: The degree to which an organization achieves its stated goals.
      - Efficiency
        
        Slogan: "Doing things right."
        
        Core focus: Resource usage (Input/Output ratio).
        
        Definition: Minimizing inputs (cost, time, labor) to produce maximum output.
      - Example
        
        Samsung – Galaxy Fold
        Launched: 2019
        2021: >4 million units sold, 4× compared with 2020
        Effectiveness: identified the right opportunity
        Efficiency: continuously improved the product
    - - Doing the right things (Effectiveness)
        
        Strategic focus: Selecting the correct goals and proper tasks.
        
        Direction: Choosing high-value opportunities that align with market demand.
      - Doing things right (Efficiency)
        
        Operational focus: Executing tasks correctly and smoothly.
        
        Process: Minimizing waste of time, effort, and money during execution.
    - - Outputs (Results)
        
        Customer satisfaction, revenue, profits, and goal attainment.
        
        Finished products and services.
      - Inputs (Resources)
        
        Raw Materials: Components, physical parts, raw materials, energy.
        
        People: Managers, engineers, assembly line workers.
        
        Knowledge: R&D, patents, technology, technical skills.