If you don’t have a business plan, especially one with PESTLE analysis included, you’re going to want one after reading this. Here you’ll find the answers to what PESTLE analysis is and how it’s used in companies by business owners, marketers, and business analysts. Plus where PESTLE analysis information should be placed in your business plan (and if you don’t have one, where … [Read more...] about Where Does PESTLE Analysis Fit Into Your Business Plan
PESTLE Analysis of WeWork
WeWork is a global office space provider that mainly caters to freelancers and small startups. Its venues — known as "coworking spaces" — are a relatively novel concept, featuring a handful of individuals all working separately in the same shared space. The unique business model seems solid in principle, but where does WeWork really stand from a business analysis perspective? … [Read more...] about PESTLE Analysis of WeWork
How to identify and manage business risks
Every entrepreneur knows or at least should know, that the very act of starting a business means taking a risk. Even when you position yourself on a relatively stable market, have all your papers in order, and take the right precautions, your business can be affected by physical, technological, human or location risks. However, in addition to these main risk types that are part … [Read more...] about How to identify and manage business risks
SWOT Analysis of the Banking Industry
The banking industry is one of the oldest industries still around today. It’s come along way from the old bartering and exchange system. And yet, it still has a long way to go. Even though most banks now offer online services so you can use do most of what you need from home, this industry is still lagging behind. It’s not meeting consumer demands or using updated IT … [Read more...] about SWOT Analysis of the Banking Industry
Why You Should Use PESTLE and SWOT Analysis
You may wonder, what’s the deal with PESTLE analysis? And Should you bother with a SWOT analysis? The short answer: Yes. You should use PESTLE and SWOT analysis. It’s not fit for every situation, but if you’re a student, marketer, business owner, analyst, researcher, or anyone who wants to know more about a specific topic, these two analyses fit the bill. SWOT analysis … [Read more...] about Why You Should Use PESTLE and SWOT Analysis
PESTLE Analysis of Online Learning
The internet has made it easier than ever to access the world's knowledge from the comfort of your home, which opens up a new realm of possibilities called online learning. Online learning, also known as eLearning or online education, is exactly what it sounds like: education served to students by means of the internet and electronic devices. Online learning is a great idea … [Read more...] about PESTLE Analysis of Online Learning
How PESTLE Analysis Affects Marketing
Are you a marketer? If you are, then you need to know how the six most important macro-environmental factors influence the state of marketing. These factors are politics, economics, society, technology, legal, and the environment. Each one plays a vital role in the current and future of marketing. Not only have these factors changed how we market, but it’s also allowed for … [Read more...] about How PESTLE Analysis Affects Marketing
PESTLE Analysis of Higher Education in the UK
The United Kingdom has one of the most prestigious higher education systems in the world. With educational standards to match the best of the best and comparatively low tuition costs, it's no surprise that the UK is such a popular destination for tertiary education. In this article, we analyze the UK's higher education system with the PESTLE framework, which takes into … [Read more...] about PESTLE Analysis of Higher Education in the UK
PESTLE Analysis Explained (With Examples)
PESTLE analysis is an incredibly popular business analysis tool. Not only is it extremely easy to use, but it's also very effective. The basic premise of PESTLE analysis is that you analyze a chosen organization from six different perspectives: Political, Economic, Sociocultural, Technological, Legal, and Environmental. By doing so, you unlock a powerful understanding of how a … [Read more...] about PESTLE Analysis Explained (With Examples)
PESTLE Analysis for Human Resources: How PESTLE Affects HR
Human Resources (HR) is such a vital part of a company. This department hires new talent, accessing performance, handling documentation, and so much more. Without a good HR system, many companies will struggle when onboarding employees, handling worker disputes, and maintaining a safe environment for the business and employees. The six factors that make up PESTLE analysis … [Read more...] about PESTLE Analysis for Human Resources: How PESTLE Affects HR