Tuesday, December 27, 2011

Enlist the areas of CSF method in internal environment analysis.

Areas of CSF method

The areas of Critical Success Factors method in internal environment analysis of any organization are shortly gleaned below –
  1. Industry Characteristics-
    • Industry sales,
    • Growth rate,
    • Product mix,
    • Firm’s share of market,
    • Pricing method in industry, and 
    • Aggregate demand etc.
  2. Competitive positions-
    • Relative quality of product of the firm,
    • Promotional strategy,
    • Price advantage,
    • Relative market share of firms, and
    • Concentration rates of firms, etc.
  3. General environment-
    • Demographic condition,
    • Economic condition,
    • Technology condition, and
    • Socio-cultural condition etc.
  4. Organizational development-
    • Promotion of innovative changes in the organizational structure,
    • Quality of Human Resource, and
    • Product changes etc.

Here is a graphical presentation of the above listed areas of CSF method in internal environment analysis -

Critical Success Factors Method

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