Skip to content
quotesby

About this quote

What does it mean?
You can only save resources when you are using them effectively.
In plain terms
Saving money requires being efficient first.
What can you take from it?
Efficiency is the foundation of economy.

Where it applies

  • business management
  • personal finance
  • operations

Putting it to work

  • optimize processes before cutting costs
  • measure efficiency before saving

Questions to consider

  • Can you be efficient without being economical?
  • What happens when efficiency is prioritized over humanity?

Another view

Sometimes upfront investment for efficiency wastes resources initially.

More from Benjamin Disraeli

  1. There are three kinds of lies: Lies, Damn Lies, and Statistics.

    Permalink to quote #230
  2. Through perseverance many people win success out of what seemed destined to be certain failure.

    Permalink to quote #232
  3. The worst atrocity in Bulgaria is Gladstone's pamphlet on the subject.

    Permalink to quote #229

Related quotes

  1. Ceux qui s'appliquent trop aux petites choses deviennent ordinairement incapables des grandes.

    Francois de La RochefoucauldFrancois de La Rochefoucauld quote #17
  2. Meetings are a great trap. Soon you find yourself trying to get agreement and then the people who disagree come to think they have a right to be persuaded. How…

    John Kenneth GalbraithJohn Kenneth Galbraith quote #71
  3. What is the point of spending such huge sums to bring a 200-lb.-body downtown when all you want of it is its eight-and-a-half pound brain?

    Peter F. DruckerPeter F. Drucker quote #86