BSC Difference Between CSF and Goals

      
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		            		Daniele
Student (MBA), Italy
			            
BSC Difference Between CSF and Goals

	          		Hello, my name is Dan and I am an MBA student.

I am learning BSC and I cannot understand the difference between CSF and goals.

Can anyone please clarify this difference possibly with a couple of ECOFIN examples?

Thanks,

Dan.
				      
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						            	Jaap de Jonge
Editor, Netherlands
												
				                Difference Between Critical Success Factors and Goals

													Hi Daniele, a CSF is a feature of the internal or external environment of an organization that has a major influence on achieving the organization's goals. A CSF may either help or hinder the organization to accomplish its goals.

For more information see the knowledge center on CSFs and KPIs.
				                
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						            	Daniele
Student (MBA), Italy
												
				                Example of CSF

													Hi Jaap, thanks for replying. Can you please advise a couple of examples of CSF and goals for the ECOFIN prospective?

Thanks, Dan.
				                
										              2

						            	Jaap de Jonge
Editor, Netherlands
												
				                Examples of Financial CSFs

													- Positive cashflow
- Growth of profitability
- Decrease of expenses
- Increase of total revenue
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										              0

						            	Daniele
Student (MBA), Italy
												
				                Example of Goals

													Thanks for the examples. Can you please suggest examples of goals matching these CSF?
Thanks, Dan.... Sign up
				              
										              1

						            	Jaap de Jonge
Editor, Netherlands
												
				                Examples of Strategic Goals / Purposes

													The top goal of an organization could be:
- GROW SHAREHOLDER VALUE: Increase the value of your orga... Sign up
				              
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