P/PC Balance (Production/Production Capability)

In the book - The 7 Habits of Highly Effective People - Stephen Covey introduces the concept of the "P/PC Balance," which stands for Production and Production Capability. This concept underscores the idea that in any endeavor or system, there are two essential components: the results or production (P) and the resources or production capability (PC) that enable those results.

·         Production (P): This refers to the actual outcomes, results, or achievements that are produced through one's efforts. It's the tangible and visible aspect of any endeavor, whether it's completing a project, achieving a sales target, or any other goal.

·         Production Capability (PC): This represents the underlying resources, processes, and conditions that enable and sustain the production of desired results. These resources include skills, knowledge, health, relationships, and more.

Covey emphasizes that a sustainable and effective approach is to balance both production and production capability. Neglecting production capability while solely focusing on immediate production can lead to burnout, inefficiency, and long-term negative consequences. On the other hand, balancing both the components ensures continuous improvement, innovation, and lasting success.