“Let’s think about our organisations. Where are we trading resilience for efficiency? Where are we rewarding ever higher utilisation and cost-effectiveness, over long-term sustainability? What happens if the market changes rapidly? What if there’s a global event such as a pandemic, or a different global shock that we cannot predict? Where is our resilience, our diversity, our capacity for anticipating and adapting to change?”

@tomgeraghty

https://psychsafety.com/efficiency-vs-resilience/

Efficiency versus Resilience

Efficiency vs Resilience By Tom Geraghty Standardisation is often used as a way to increase organisational efficiency and scalability. Through reducing variation, we can standardise our tools, training, processes and more, enabling us to optimise systems and better achieve our desired […]

Psych Safety
Why is one plant in Michigan responsible for 40% of the US supply of baby formula? Why does formula have to be made in Michigan? Why isn’...

Ben Curthoys's answer: This is an opportunity to write an essay I've been wanting to write for a while on the theme of efficiency vs resilience. We live in a world where successful efficiency is rewarded, and failures of resilience are bailed out. Suppose you had a shop, and you could either ha...

Quora
@RuthMalan @tomgeraghty asks "where are we trading #resilence for #efficiency?" The easy answer is #MarketFailure : financial markets focused on quarterly figures, high churn of executives who don't deliver short-term results.