Company efficiency is about managing resources and operations to maximize the output of a business by minimizing its costs. It’s a measure of how much a company can produce with resources available, such as labor, capital, finances, and technology. Simply put, it means that a company consistently produces more with less—achieving high productivity with limited resources. In order to achieve this goal, managers must find ways to reduce waste and optimize processes, improve customer experience, and increase employee engagement. By focusing on these three elements, companies can maximize their efficiency and their growth potential.