Discerning the Differences Between Speed and Quality

Balancing speed and quality is necessary when you’re looking to achieve a perfect ratio of productivity.

Numerous metrics exist to explain where a company stands in regards to its speed of production. Far fewer analytical measurements exist to meter the quality of a company’s productivity. But determining the quality of the product is equally important as tracking its speed.

All companies should have instituted a best practices process to keep careful watch of their product and development. Doing this assures that customer support will be minimal and customer retention, as a result, will be higher.

Striking a perfectly balanced harmony between speed and quality is something that all companies could greatly benefit from. For more on this subject, watch the full video from OpenView Labs featuring Bill Price.