When focused on, business drivers produce improvements in financial results. Business results often consist of a combination of strategic, operational and tactical components. An understanding and management focus on your drivers helps you to improve operations, create innovation and reduce the overall business risk. Environment-AwareTM drivers connect to external sources and drive change on a dynamic basis. Generally, they:
Are strongly correlated to business objectives
Include data from the market
Create a model of the business
Contain financial and operation elements
Are linked to the process of business decision making
Can be visualized and communicated
Are closed-looped and continuously improve
Are adjusted for risk
Are specific and often shared by industry
Quotes
Forrester predicts that total software revenues (licenses, maintenance, and subscriptions) in BPS will grow by a compound annual growth rate (CAGR) of 12.7% through 2012, increasing from $2 billion in 2008 to $3.2 billion in 2012.
