Analogy.
If I am your boss and I tell you to create a MS PP presentation to finalize the deal with a customer by tomorrow.
AND
1) If you do the presentation by mid day and finalize the deal by today evening = your performance increased due to speed.
2) If you do exactly as I said and also managed to get the deal's money transferred by tomorrow = your performance increased due to more work.
In a CPU, these two correspond to faster clock speed and adding more cores.