In Part 1 and Part 2, we addressed creating a Vision and a Strategy to grow a business. In Part 3, we will address the Drivers to grow a business.
What are drivers? A simple, important yet challenging question as there are many potential answers. In our experience, drivers are the parts of the business that a management team has control over, when managed effectively, will deliver the greatest impact to the business’ profitability. It’s the Where to focus time and resources to have the greatest impact. Often it is the How behind strategy’s How.