Applitude

If productivity is a product of value/cost, the speed of knowledge-based work might also be viewed as the speed of how quickly you create that value/cost. If the product of knowledge-based work is the result of a team’s knowledge and creativity, the speed is how quickly that team can produce it. In order to explain efficiency and effectiveness, I created a simplified formula:

This is of course only a simplification, but it does help us to analyze the components that make us succeed in a new era, where teamwork and collaboration are the most important factors in completing a journey towards something that you can’t predict from the start.