6min chapter

The Soul of Enterprise: Business in the Knowledge Economy cover image

The Innoficiency Principle with Blair Enns

The Soul of Enterprise: Business in the Knowledge Economy

CHAPTER

The Cost of Efficiency Is Not Efficiency

Peter Drucker put efficiency and effectiveness at kind of polar opposites. But there is a second cost to the focus on efficiencies, he says: You give up innovation. So if you don't subscribe to this definition of innovation that I use, then you could in theory reject this principle. Nick Silicone responds with his own version of what it means to be an innovator.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode