Why would you want to evaluate a business product With PEST analysis in the first place? At the very least, for marketability. A product is nothing if you can’t market to the right people. But the survival and success of a product are more than the design and usability. If outside influences – like political factors or the state of the economy – get in the way, there’s … [Read more...] about PEST Evaluation Of Business Products
Business
How Combining PEST And SWOT Analysis Is Essential For All Businesses
PEST analysis and SWOT analysis are typically discussed separately because they’re polar opposites. They both have their own strengths and uses for situations, but they’re rarely mixed together. Which is a shame because they complement each other perfectly. When you need the full picture for a launch, marketing venture, or blossoming idea, using both analyses … [Read more...] about How Combining PEST And SWOT Analysis Is Essential For All Businesses
SWOT Analysis For New Business Planning
You probably heard about SWOT analysis, that strategic tool used to identify Strengths, Weaknesses, Opportunities, and Threats for products, ventures, or businesses. With SWOT, companies can dive deep into their offerings and figure out the most effective way to plan, position, and execute processes or ideas. The information unlocked through the analysis is essential for all … [Read more...] about SWOT Analysis For New Business Planning
Improve Business Products With SWOT Analysis
You’re launching a new product… but how do you make sure everything goes successfully? Many companies develop a product, make sure it works, then shove it to the side until launch day. All of their effort is moved to marketing, sales, operations, and customer service. All of that is absolutely necessary. But chances are, your product needs more focus too. Your product … [Read more...] about Improve Business Products With SWOT Analysis
5 Questions Project Managers Should Ask Companies Before Hiring
You come across a job post for a project manager that seems to fit you perfectly. You get into the interview room and everything is going well. And now, the interviewer asks if you have any questions. Do you? Of course. Asking questions makes you seem interested in the job (you are), but it’s also a gateway into truly understanding the company’s true needs. It’s unlikely to … [Read more...] about 5 Questions Project Managers Should Ask Companies Before Hiring
5 Qualities That Make A Great Business Analyst
What leads a business analyst from simply “good” to “great?” Education and credentials play a role. The software helps. But that’s not it. Consider this: If you were a business owner, would you want to work with someone who stumbles through a conversation? Do they visibly sweat when meeting your eye? What about the person who commands the room the moment their foot passes … [Read more...] about 5 Qualities That Make A Great Business Analyst
A PEST Analysis Of Entrepreneurship
Is entrepreneurship the future of work? Maybe. Nowadays, many people feel unappreciated at their corporate jobs. They yearn to make their own profits without ever hitting a ceiling. They fantasize about working in their PJs, on the couch, comfortably at home. As an entrepreneur, they can do just that. They choose their hours and never have to report to a boss – because … [Read more...] about A PEST Analysis Of Entrepreneurship
Should You Be A General Business Analyst Or Specialize?
One day, every business analyst (BA) arrives at a crossroads. One path is led by generalists, the other led by specialists. And you may find yourself wondering… which one do I want to follow? You must first understand the difference. Generalists offer their services to a number of industries. They’re not defined or confined to just one. Specialists, on the other hand, … [Read more...] about Should You Be A General Business Analyst Or Specialize?
How To Use SWOT To Overcome A Business Slump
A slump is a cause for concern. But it’s not a cause to give in. Still, once it’s here, dragging yourself from the dark trenches of a business slump is incredibly difficult. It strips away your motivation. You push your goals to the wayside. And the losing streak triggered by the slump continues on. Even though it feels endless, it’s not. By setting up a plan right now, … [Read more...] about How To Use SWOT To Overcome A Business Slump
4 Ways Business Analysts Can Successfully Manage Meetings
Many people prefer to work with a business analyst one-on-one. Communicating in a closed setting is easier with just the two of you. It’s possible to solve an issue with one short phone call or email. Yes, spending individual time with a team member can be a beneficial method of problem-solving, but not always. A meeting can provide similar or greater rewards but to more … [Read more...] about 4 Ways Business Analysts Can Successfully Manage Meetings