Efficiency in running our business is always essential for any enterprises. Traditional efficiency emphasizes on maximizing output with the minimum input of resources, elimination of redundant process, and keeping a lean working force to strive for maximum financial returns. Due to advances in ICT, e-business and widespread use of social media, we witness a paradigm shift how business is done nowadays. Improvement in efficiency could only be brought about with the use of latest smart technologies and management concepts.
The Enterprise Innovative Efficiency Capability Index study will aid Hong Kong enterprises to prepare themselves for these changes to achieve their business goals, to identify their strengths and weaknesses, to upgrade their business efficiency, and hence to develop strategies for sustainable development.