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Our Oct. 2000 Report of The LETTER featured,
“Well-known ‘Secrets’:
7 Steps to Boost Company Performance”.
The #1 Secret is FOCUS. The Effort-Impact Grid enables you to quickly assess
activities worth streamlining, automating or outsourcing. This assessment
will help you focus your intellectual, financial and
physical resources on the core competencies of your business –
those things you do better than anyone else.
Your top priority to streamline, automate or
outsource should be those activities that fall into Quadrant I
(Low impact, High resource demand).
You should also consider alternate ways to accomplish
Quadrant III activities (Low impact, Low resources demand).
Those activities with High Business Impact
(Quadrants II and IV), are not necessarily immune to outsourcing. They may not be as high of a priority for modifying as other
activities because:
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