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Critical Success Factors, KPIs, Business Strategy and Strategic Alignment for Qantas Airlines

   

Added on  2023-06-04

7 Pages846 Words438 Views
Qantas Airlines
Critical Success Factors, KPIs, Business Strategy and Strategic Alignment for Qantas Airlines_1
Critical Success Factors for Qantas Airlines
The factors responsible for creating competitive advantage by adding value
to the business corporations of Qantas
CSFs:
High market share and good brand positioning
Strong Management
Various subsidiary lines operating to regional centers
Technological advancements and innovative leverage of partners
Connecting more than 1000 destinations internationally
Partnership with over 25 airlines
More than 30,000 skilled and competent workforce
Service Promotions and in-flight services
Sustainable returns to the stakeholders
Premium full-service airlines
Continuous Promotions and In-flight Services
Effective Route System and non-stop flights
Unrivalled domestic networks
Safety at priority (Qantas, 2017)
World’s leading integrated system
Proactive engagement with the regulatory and industry bodies
Group-wide business resilience framework
all these factors contribute to the survival and growth of the business firm in the
International Airlines industry
Critical Success Factors, KPIs, Business Strategy and Strategic Alignment for Qantas Airlines_2
Key Performance Indicators
KPIs refer to the indicators signaling/indicating the high performances,
desired outcomes, and growth of the firm
KPIs are used for the measurable value to demonstrate on how the firm
effectively use for achieving the business objectives for evaluating the
success of the firm at reaching targets
The KPI are responsible for timely delivery, quality performance, and
low cost operations
KPIs for Qantas Airlines includes
High/maximum return on the investment to the shareholders and investors
High process yields
Low operation costs
Significant profits and revenues
High performing and competence workforce to give valuable performances
High customer satisfaction because of reliable, timely, and cost-effective
customer service delivery
high customer acquisition and retention rates (Qantas, 2011)
Increased online booking rates from the overseas customers
Critical Success Factors, KPIs, Business Strategy and Strategic Alignment for Qantas Airlines_3

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