EFFICIENCY AND EFFECTIVENESS OF GRAND STRATEGY
EFFICIENCY AND EFFECTIVENESS OF GRAND STRATEGY

Summary/Abstract: Efficiency and effectiveness are fundamental parameters of management that indicate the managed system’s overall viability and progress. Therefore their assessment is equally important at each of management’s 3 levels – the operational, tactical and strategic one. However, methods for evaluation of efficiency and effectiveness are traditionally better developed at the lower operational level and used daily as something obligatory. Sophisticated quantitative techniques have been applied there since the times of F. W. Taylor. In contrast, the estimation of efficiency and effectiveness of strategies is a rare practice. It does hardly stretch beyond assessment of effectiveness alone based on historical analysis or growth reports that give indirect, relative or partial indication of strategic adequacy. Strategic efficiency is hardly measured at all.

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