What is organizational effectiveness? Suppose you are leading a new social venture that aims to help reduce illiteracy. How would you measure the effectiveness of your social venture? What metrics would you use?

Principles of Management
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Chapter18: Management Of Technology And Innovation
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Problem 4CRQ: How does an organization enhance its agility? When is more agility needed in the firm?
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What is organizational effectiveness? Suppose you are leading a new social venture that aims to help reduce illiteracy. How would you measure the effectiveness of your social venture? What metrics would you use? Why do you think a multi-dimensional approach of effectiveness is appropriate for social ventures? Efficiency is also discussed in this chapter. Based on your understanding of effectiveness and efficiency, explain when a social venture is effective and efficient. Can a social venture be effective without being efficient or vice versa? Provide examples as appropriate.

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