A business driver is a resource, process or market condition that is vital for the continued success and growth of a business. A company must identify its business drivers and attempt to maximise any that are under their control. There will always be outside business drivers that a company cannot influence, such as economic conditions or Government legislation changes.
As Organisations become more complex, identifying business drivers become more difficult. For this reason, Preferential Brands Group was developed in order to assist other companies to identify, clarify and monitor their business drivers.
Definition of Business Drivers = 'People, knowledge and market conditions that initiate and support activities for which the business was designed and developed to do.'
Some key business drivers:
? Cash flow
The above is NOT a definitive list of what would be considered as business drivers. The team at Preferential Brands Group will work with business owners to identify their key business drivers and put development strategies in place.
Why not contact us to arrange a no obligation initial meeting to see how we may be able to work with you to deliver your business potential.