critical

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critical

or

key success factors

the resources and capabilities/competencies/ skills a firm must possess to achieve some competitive ‘success’ and profitability in a market. For example, a pharmaceutical firm such as Glaxo Smith Kline must possess financial resources and skilled research staff to fund and develop expensive and innovative new drugs. However, this is not enough in itself to achieve a COMPETITIVE ADVANTAGE over rival suppliers and deliver above-average profits; that is the firm must achieve greater differential competitive advantage by having superior resources and capabilities (technical, but crucially also managerial expertise) such as to create more value than its competitors. See VALUE CREATED MODEL, VALUE ADDED ANALYSIS, RESOURCE BASED THEORY OF THE FIRM, DISTINCTIVE COMPETENCIES.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
Germany-based Helaba Landesbank Hessen-Thueringen (Helaba) has announced that it has donated funds to take care of critically ill patients.
In this edition of Anaesthesia and Intensive Care there are three articles that nicely describe some of the barriers to optimal antibacterial prescription in the critically ill.
PLAINTIFF'S CLAIM The physician who treated the patient in the hospital failed to manage her abnormal sodium levels properly, allowing them to alternate from critically high to critically low, then back to critically high.
In a similar move in October last year, the ministry had lifted moratorium on Patancheru- Bollarum ( Andhra Pradesh), Tarapur ( Maharashtra), Mandi- Gobindgarh ( Punjab), Coimbatore ( Tamil Nadu) and Vapi ( Gujarat), also classified as critically polluted.
In the largest of the studies, scientists in Canada monitored 168 patients deemed critically ill with H1N1 flu.
"John Hartson remains critically ill, but stable, with his family and close friends continuing to support him," said a hospital spokeswoman.
Since then he has remained critically ill in intensive care at Morriston Hospital, Swansea.
Summary: Critically endangered cheetahs have been snapped in the Central Sahara in Algeria.
There are thought to be fewer than 250 adult Northwest African or Saharan cheetahs, making the subspecies critically endangered, but very little is known about the cat.
Six people were killed and one critically injured when two medical helicopters collided mid-air over Arizona.
Q | have been hearing about early mobilization for critically ill patients.
At present in the UK, only about 17 percent of patients who have an in-hospital cardio-pulmonary arrest survive to discharge, indicating the existence of deep deficits in the care of the critically ill patient.