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Value Drivers
Value drivers are produced or created by a business to help them gain market share, expand their customer base, or boost revenue. A value driver may refer to a specific service or product produced by a business, but can also refer to something less tangible, such as a unique method of delivering a product or a particular attribute in which a business has a major advantage.
What Small and Midsize Businesses Need to Know About Value Drivers
For SMBs, value drivers can take many forms including a new product or service that only that business can provide, a unique business proposition, or a component of a specific product or service offering.
Related terms
- PDM (Product Data Management)
- Project Management
- Gain Sharing
- Small and Midsize Business (SMB)
- Business Process Automation (BPA)
- Human Capital Management (HCM)
- Best Practice
- Business Process Management (BPM)
- Business Impact Analysis (BIA)
- Track And Trace
- Digital Business Transformation
- Bimodal
- Span of Control
- Solution
- Business Process Re-engineering (BPR)
- Enterprise Solutions
- Growth Strategy
- Project Management Office (PMO)
- Business Process Outsourcing (BPO)
- Line Of Business