A business analyst is a highly-trained problem solver. They’re the “big guns” who fix the problem business owners can’t because of time restrictions. The problems are typically internal issues such as poor communication. The analyst typically has to discuss matters with the business owners, team members, and stakeholders to find a resolution that works well for … [Read more...] about How Business Analyst Can Use PEST Analysis Before You Go-To-Market
PEST Analysis
PESTLE Analysis in Beauty Industry
The beauty industry is diverse, comprising more than just makeup and skin care products. You can’t forget about the small stuff, toothpaste and deodorant. But even though the products in this industry are endless, they all focus on selling one specific idea: a better you. Beauty brands supply the tools to improve your appearance and, by proxy, your feelings about yourself. … [Read more...] about PESTLE Analysis in Beauty Industry
PESTLE Analysis Of The Fashion Industry
We all have clothes. Some we buy for special occasions only, like a night out on the town after not seeing old friends for a while. Sometimes they’re less flashy, like the uniforms we wear to work each day. But each of these outfits is a byproduct of the fashion industry. When people hear fashion they think Vogue or the looks strolling down the runway of New York Fashion … [Read more...] about PESTLE Analysis Of The Fashion Industry
PEST Evaluation Of Business Products
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
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
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
PEST Analysis of The Healthcare Industry
The healthcare industry depends on legislation, changes in economic rates, and technological advancements. Whenever we see shifts in the government, people become worried. They wonder: What will happen to healthcare bills? Or the services they have access to now. Will it be inaccessible shortly? Health will always be a concern, no matter your age. People worry about … [Read more...] about PEST Analysis of The Healthcare Industry
PEST Analysis of Canada
Canada is a rich and beautiful country full of agricultural land, but the majority of the population resides in the southern provinces. In 1867, Canada became a recognized country by the British North America Act. Nearly one hundred years later, the country chose their official white flag: a maple leaf between two red stripes. Now, Canada has become the second largest … [Read more...] about PEST Analysis of Canada
This is Why PEST Analysis Is Important For Every Business
What does your five-year business plan look like? Or your ten-year plan? It likely involves growth. Whether it’s the expansion of a product line or opening stores in new locations, business changes need proper preparation. And that’s where PEST analysis comes in. PEST analysis is the foolproof plan for business expansion Both new business owners and veterans should include … [Read more...] about This is Why PEST Analysis Is Important For Every Business
This is How PEST Analysis Helps Mitigate Business Risks
Have you heard of PEST analysis? It involves researching four external influences that affect businesses on a macro level: political, economic, social, and technological factors. In PEST analysis, an analyst thoroughly investigates these four factors in relation to the business or industry. But PEST analysis can also be a tool to identify current and future risks. These … [Read more...] about This is How PEST Analysis Helps Mitigate Business Risks