Strategic management is a popular method for running businesses which involves an analytical approach to setting goals and managing resources. Like strategic planning, strategic management often involves a good dose of business analysis. Broadly speaking, this business analysis can be categorized as either internal or external. In this short guide, we'll walk you through the … [Read more...] about Internal and External Analysis in Strategic Management (SWOT and PESTLE)
PESTLE Analysis of the Food Industry
There's no denying that the food industry is one of the strongest in the world — after all, everyone needs to eat! Indeed, there are some interesting dynamics at play in this space, like rising labor costs, which make it unclear just how profitable food businesses will continue to be. In this PESTLE analysis, we'll look at the Political, Economic, Sociocultural, … [Read more...] about PESTLE Analysis of the Food Industry
PESTLE Analysis of the Pharmaceutical Industry
The pharmaceutical industry has been around for millennia, but it's only within the last century that we've been able to understand and treat the majority of health ailments. While the pharmaceutical industry is extremely profitable for those involved, it's future outlook is mixed. Despite an aging population and growing obesity rates, the industry is held back by pricing … [Read more...] about PESTLE Analysis of the Pharmaceutical Industry
PESTLE Analysis of Greece
Greece has something of a reputation in the European Union, following its severe debt crisis in 2009. Although the country is still plagued by numerous Economic setbacks, it boasts a powerful tourism industry, great technological infrastructure, and very reasonable environmental policies. To get a better understanding of the circumstances Greece is facing, we've compiled this … [Read more...] about PESTLE Analysis of Greece
PESTLE Analysis of the Tobacco Industry
Humans have consumed tobacco in various forms for thousands of years now, so you'd think the tobacco industry is here to stay. However, with growing awareness for the detrimental health effects of tobacco products, new substances and devices for smoking, and various other hurdles, the tobacco industry might be more fragile than we think. In this article, we'll dive deep into an … [Read more...] about PESTLE Analysis of the Tobacco Industry
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
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
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)
SWOT Analysis of Germany
Germany is well-known as an economic powerhouse and beacon of political stability for the European Union. This balanced, well-developed nation has a thriving economy of its own, plenty of skilled laborers, and excellent social infrastructure. While previously covered in one of our PEST analyses, we want to take this opportunity to conduct a SWOT analysis of Germany, identifying … [Read more...] about SWOT Analysis of Germany