Efficiency is not a good goal, effectiveness is a better goal.
What do we mean by being efficient? In simple terms it means doing a good job, a job that has the intended outcome with the minimal amount of effort. At an organisational level this is usually interpreted as saving costs and that can lead to what I would call some ‘cheap and nasty’ outcomes.
So we have started to rebel against the cost-cutting aspects of efficiency and are now very focused on effective outcomes…almost to the point that using the word ‘efficient’ is not really acceptable.
We can be both effective and efficient, and we should be. It’s a good idea to monitor for opportunities to reduce waste, while being selective about which types of waste make sense to keep or reduce.
The one place that it makes sense to be less efficient is when we are tackling complexity. This requires a probing, exploratory approach which can actually be more effective when it is not super-efficient…because we are looking for things which we are uncertain about.