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Eliminating Waste Over Increasing Efficiency
Manage episode 380285258 series 3193610
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Efficiency is fundamentally about using less input and getting more output. When CEOs talk about increasing "worker efficiency", it usually means getting fewer workers to do more work. You can have the most efficient workforce in the world, but if the company, the system, and the process they’re working in are wasteful, none of it really matters. Eliminating waste is actually way more important than driving efficiency. Efficiency will help you, but waste will crush you.
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