• mandolrain@lemmy.world
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    4 hours ago

    Productivity = Doing more things Efficiency = Doing the right things

    I wrote a whole thesis on the subject AMA

    • Victor@lemmy.world
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      3 hours ago

      Depends on what your metric for “production” is. If you’re producing more cars that have to all be recalled and fixed, you’re not making more money than you would had you made higher quality cars from the start, and you then also lose face and your brand is viewed as inferior, so sales drop, and the spiral goes brr.