Friday, March 4, 2011

Critical Success Factors - how to identify them

How do you identify the critical success factors of a company.


  1. Identify the critical performance gaps of the company - training needs
  2. Check with the CEO on the future direction change of the company - development needs
  3. What do you understand with the word "critical"?Identifying areas where with little effort the impact is at maximum or at optimum.
  4. What are the objective of the corporation? BSC did not categorically state the ROE as corporate objective. 
  5. Beside critical, key result areas are an alternative term.  What tool do you use to identify the CRITICAL AREAS? 
  6. Pareto principles and sensitivity analysis are used to identify the  critical items.

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