Competence in performing is a necessary condition for being efficient. Effectiveness is a quality that enables one to achieve a goal and provide the desired or anticipated results.
Effectiveness is the ability to achieve desired outcomes. In this approach, the company will continue to make money as long as the manager produces good plans that produce the desired results. It is crucial for a business manager to do so since it entails making the appropriate decisions at the right moment.
Effective managers establish priorities, create policies, and create structures and procedures to achieve goals. Set up processes, assign responsibilities, allocate resources, and offer rewards to employees. These choices must serve a clear agenda.
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