Definition Key Business Drivers
A business driver is a resource process or condition that is vital for the continued success and growth of a business.
Definition key business drivers. Key drivers are leading factors affecting performance for a company or business. The business drivers of software companies for example are technological innovation better products and optimum marketing. The 5 key drivers combine in multiple ways to form the foundation of strategy products market position financing human resources and every other decision in a company. Common examples of business drivers are salespeople number of stores website traffic number and price of products sold units of production etc.
A key driver is something that has a big impact on whether the business does well. These 5 key drivers help you to understand how even the most complicated business can be evaluated and improved.