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Business Critical Success Factors:

Business Critical Success Factors


                The Strategic Planning is very important for every business and that’s the reason during the business operations every business management it is financial management teams are needs to more aware about those factors which are more critical for its success.

                After assessing many businesses performance and their processing activities it's come to know to us that the Value Chain analysis and the Supply Chain Analysis both are the critical success factors for every business. These both need more attention and more workings.

A business critical success factor is based on its performance and these are some key points which explain it very efficiently.

1.       Cost Reductions.
2.       Efficiency improvement.
3.       Customer needs and demands.
4.       Defects minimization.
5.       Production and CSR activities.
6.       Innovation and improvement.

Cost Reductions:

Value chain analysis and supply chain analysis helps the business to reduce the production cost and eliminate the defects from their final products. When the cost of a product is reduced and quality is more improve the product or service is considered more successful.

Efficiency improvement:

Customers need efficiency and improvement in the final product or service. When companies make its products or service more efficient in use that is the point their sales will be improved and they achieve more from the market and industry as compare to their competitors.

Customer needs and demands:

The Companies which focus on their customer demands and work over them to improve their production efficiency and effectiveness they achieve more. The CSR departments are formed for this purpose to make a key role in success.

Defects minimization:  

Companies need to minimize the defects from their products and services that’s helps them to achieve the best and respectable positions for their products in the market.

Production and CSR activities:

The efficiency in the production came through the direct link with the customer when you know the customers’ demands effectively they working over their demands helps to make more efficient products for them. The Feed back to customers through customer support services departments are very necessary.

Innovation and improvement:

Products and customers always demand innovation and improvement in the services and products also. The Success is always based on the continuous innovation and in the continuous improvement process.


These are the some of the critical success factors which help a business to reduce its costs, make more efficient products and services with continuous innovation and improvement according to the customer feedback and demands.

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