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Performance measurement: CSF

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Performance measurement: CSF

  • This topic has 3 replies, 2 voices, and was last updated 3 years ago by AvatarJohn Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • November 20, 2022 at 3:18 pm #671935
    AvatarNavasilas
    Participant
    • Topics: 9
    • Replies: 5
    • ☆

    Good day

    Each organization seeking success need to have some critical areas which it should seek to excel at and that’s what we referred to as critical success factors.

    Am i right if i view as critical success factors as goals for the organization?

    November 21, 2022 at 9:14 am #671975
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54845
    • ☆☆☆☆☆

    They are very similar, but not quite the same.

    The CSF’s are the main factors that they decide are needed for the business to be successful.

    For MacDonalds they might decide that one CSF is fast production of burgers. Having decide that is a critical factor they can then start thinking about targets for the speed of delivery and what they might do to achieve them.

    November 21, 2022 at 10:11 pm #672004
    AvatarNavasilas
    Participant
    • Topics: 9
    • Replies: 5
    • ☆

    Thank you so much

    November 22, 2022 at 8:30 am #672038
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54845
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘Performance measurement: CSF’ is closed to new replies.

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