Remove Concentration Remove Cost Management Remove Marketing Remove Strategic Planning
article thumbnail

Driver-based planning: the best of basics

Spreadym

Driver-based planning is a strategic planning approach that focuses on identifying and prioritizing key drivers or factors that have a significant impact on the performance and success of a business. It involves analyzing and understanding these drivers to develop effective plans and make informed decisions.

article thumbnail

10 KPIs to Track Business Performance

The Finance Weekly

They are widely used in , strategic planning and reporting to guide investment decisions. Gross Profit Margin The gross profit margin indicates the , percentage of your revenue that can be considered profit after subtracting the cost of goods sold. Calculation: Percentage of (revenue - cost of goods sold) divided by revenue.