God, grant me the serenity to accept the things I cannot change, The courage to change the things I can, And the wisdom to know the difference. (Serenity Prayer, Reinhold Niebuhr)

Key Success Factors

A key success factor (KSF) is a management term for an element that is necessary for an organization or project to achieve its mission. The term critical success factor is a synonym (Wikipedia).

The answers to three questions help identify key success factors:

Critical success factor vs. key performance indicator:

KPIs, on the other hand, are measures which quantify management objectives, along with a target or threshold, and enable the measurement of strategic performance.

An example:

Common Types of KSFs

Technology Related KSFs
Distribution Related KSFs
Marketing Related KSFs
Skills Related KSFs
Organizational Capability
Other Types of KSFs
Patent protection