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business strategy

5 Ways Ad Hoc Analysis can Help in Business Planning

May 18, 2020 by Kiesha Frue

ad-hoc-analysis

Ad hoc analysis allows businesses to make quick and smart decisions to stay ahead of the competition. When a company is trying to figure out the specific cause of something, this analysis can help them find a solution. Ad hoc allows for the gathering of analytical and statistical data from company-wide and outside sources. And unlike reports made monthly or annually, ad hoc … [Read more...] about 5 Ways Ad Hoc Analysis can Help in Business Planning

Filed Under: Business Tagged With: ad hoc analysis, business analysis, business planning, business strategy, data analysis

Effortless Ways to Becoming a Competitive Business

Apr 27, 2020 by PESTLEanalysis Contributor

effortless-ways-to-becoming-a-competitive-business

For some, setting up a business may come easy. The availability of funds and other material resources will surely be a significant aid in setting up a business, but what about maintaining one? In the corporate world, not every company is up to the mark, and therefore every business must know how to maintain its position and scope strategically. From free conference calling to … [Read more...] about Effortless Ways to Becoming a Competitive Business

Filed Under: Business, Entrepreneurship Tagged With: business strategy, competitive advantage, competitive analysis, competitive strategy

Why Cybersecurity Should Be A Part of Your Business Strategy

Apr 18, 2020 by PESTLEanalysis Contributor

why-cybersecurity-should-be-part-of-your-business-strategy

Many organizations try to have proper continuity strategies in place to prepare for any eventualities. Most think of events like extreme weather occurrences or fire and so plan around those disasters. But these days, preparing for cyber threats is just as, if not more, important. The current global health crisis is an excellent example of why proper foresight and planning … [Read more...] about Why Cybersecurity Should Be A Part of Your Business Strategy

Filed Under: Business, Entrepreneurship Tagged With: business strategy, cybersecurity

Ansoff Matrix: How to Use for Business Growth

Feb 16, 2020 by Thomas Bush

ansoff-matrix growth example

The Ansoff Matrix is a lesser-known strategic planning model that describes business growth strategies. It focuses on whether growth is driven by new products, new markets, or both, and offers insight into how risky a given strategy might be. In this article, we'll look at the basics of the Ansoff Matrix, including what it is, when to use it, and how to use it. What Is the … [Read more...] about Ansoff Matrix: How to Use for Business Growth

Filed Under: Business Tagged With: ansoff matrix, business growth, business planning, business strategy, market development, market penetration, PESTLE, product development, strategic planning, strategic planning models, strategic planning tools, SWOT

Why All Business Owners Should Have a Business Exit Strategy

Mar 27, 2019 by Kiesha Frue

business-exit-strategy

Do you have a business exit strategy? Was it included in your business plan? Or now you’re looking to make a graceful exit from your business and you’re not sure where to start? I’ve got you covered. In this article you’ll find out: What a business exit strategy is The common type of exit strategies A brief introduction to liquidity Which strategy is best for … [Read more...] about Why All Business Owners Should Have a Business Exit Strategy

Filed Under: Business Tagged With: business exit plan, business exit strategy, business planning, business plans, business strategy, exit plan, exit strategy, What is a business exit strategy

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About PESTLEanalysis.com

PESTEL or PESTLE analysis, also known as PEST analysis, is a tool for business analysis of political, economic, social, and technological factors.

PESTLEanalysis.com is an educational website collecting all the information and resources related not only to PESTLE but also SWOT, STEEPLE and other analysis that will come useful to business owners, entrepreneurs, and students alike.

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What is PESTLE Analysis? An Important Business Analysis Tool

What is PESTLE Analysis? PESTLE analysis, which is sometimes referred to as PEST analysis, is a concept in marketing principles. Moreover, this concept is used as a tool by companies to track the environment they’re operating in or are planning to launch a new project/product/service, etc. So, if

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