How The Critical Success Factors

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Analyze how the Critical Success Factors (CSFs) apply to the facts of the case study. Provide examples to support your analysis
For any corporate risk management program, there are a number of aspects whose absence indicates an increased possibility of failure for the risk management program and whose existence significantly increases the chance for success of the program (Hillson and Simon, 2012). These factors, called Critical Success Factors (CSF), are comprised of the following:
• An organization supportive of the process
• A skilled and competent staff
• The presence of the necessary support infrastructure
• A simple, scalable, and documented procedure (Hillson and Simon, 2012).
Even though some important details were left out of the Environmental Quality International (EQI) in Siwa case study, it is possible to draw conclusions about EQI’s risk management system and how the company reached the CSFs.
EQI’s Critical Success Factors in Siwa
CSF Examples
Supportive Organization • Company President’s personal project
• Fit company directive to promote environmental development
• Secured loans and other financing for project
Skilled & Competent Staff • Neamatalla and his sister Laila were influential in success of phases of the project
• Use of local staff for reduced costs
Necessary Support Infrastructure • Loan money was used to finance project
• Proof of willingness to address problems as they developed (mites in lumber, wages for women workers)
Simple, Scalable, &
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