What is Productivity and How does it Differ from Efficiency?

What does productivity mean? For some, it is the ability to focus all their energy on a single task, break it down into steps, and not take on other tasks.

Others believe that it is much more important to organize your workplace properly and be able to delegate your responsibilities to others.

There is a simple formula for productivity:

Minimum time spent + Maximum results achieved = Productivity

It is the ability to prioritize, not the amount of work done, but a competent approach to it. How can this be achieved? Over time.

Unfortunately, it is not possible to learn this quickly, but it is possible to improve gradually.

This skill is developed with the help of many factors. This article will not make you a productive person right away, but it will tell you how to instill useful habits and learn to think differently.

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The modern way to determine efficiency and productivity is based on the Objectives and Key Results system. It originated at Intel and later became quite widespread.

OKR is used effectively by both novice entrepreneurs and large companies such as Google and LinkedIn.

The method helps to identify necessary tasks, monitor efficiency, and achieve the desired level of productivity.

The main goal of OKR is to define ambitious plans (Objectives) and transitional periods (Key Results), which are the driving force behind progress.

It is necessary to set deadlines and desired results and monitor productivity.

But it is very important to have strong motivation and desire to achieve goals, because if the plan is 70-75% complete, that is already a success.

External factors contributing to increased productivity

The productivity of each of us directly depends on how we feel, and this is influenced by both external and internal factors.

Not long ago, the Harvard School of Public Health conducted an experiment which found that low oxygen levels in a room impair performance.

Therefore, simple ventilation and a high-quality air exchange system directly affect employee productivity.

In addition, scientists at Cornell University have found that the amount and color of light affect people no less than fresh air.

Test subjects who worked in a well-lit room felt 84% better (their eyes did not get tired, they did not have headaches) and their performance did not deteriorate.