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Because they really are the financial drivers of the business.
The three commonly cited financial drivers of value creation are sales, costs, and investments.
More-specific financial drivers vary among companies and can include earnings growth, cash flow growth, and return on invested capital.
Instead, owners have to come to a better understanding of what their financial drivers are and figure out ways to produce the needed returns.
Given the financial drivers of the for-profit world, how does MIT ensure that objectivity is maintained in its fundamental research activities?
Furthermore, make sure you understand the financial drivers in your business, in particular your gross and net margins and your breakeven point.
Similar(34)
A credit score is like a financial driver's license.
This theory links a nonfinancial and a financial driver.
A number of financial experts have recommended a "financial driver's license" for older Americans to prove their competence.
During this week's launch of the doomed Heineken Cup, one senior establishment figure reminded his audience: "International rugby is still the financial driver of the sport".
Bransgrove has consistently argued that the ECB's policy of using England as such a dominant financial driver for the game is short-termism and that a more high-powered Twenty20 tournament featuring England players is also essential to restore financial health.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com