Key Success Factors

Industry Analysis

References

https://blog.boydmetals.com/the-past-present-and-future-of-the-american-steel-industry

https://www.steel.org/industry-data/reports/

What are the key success factors (KSF) for future competitive success? KSFs are the critical, basic competencies that are required for any firm to be viable in your industrythe essential functions that every company in your industry must perform well in order to survive and to compete. Common KSF's usually have to do with:

• Technology
• Manufacturing
• Distribution
• Marketing
• Personnel (Knowledge, Skills, Abilities, Talent)
• Organizational
• Research & Development
• Other

For your industry, rank the above KSFs in the order of their importance from most important to least important. State the relative importance of the KSF. These statements need to reflect why you have ranked each one in the list, showing why it is more important or less important than others.

1. Research & Development
2. Technology
3. Personnel
4. Organizational
5. Manufacturing
6. Marketing
7. Distribution
8. Other

Do you expect the importance of any of these to change over the next 2-4 years? If so, list the ones you expect to change and describe how you expect them to change.