Business Drivers

The fundamental factors that disproportionately influence the success or failure of a business or industry. These critical variables significantly impact an organization's performance and value creation. In RBPM, business drivers serve as the foundation for establishing risk appetite and strategic objectives. Examples might include access to capital, technological innovation capabilities, regulatory environment, or customer demographics. By identifying and understanding key business drivers, organizations can develop strategies that leverage these factors while remaining cognizant of associated risks.