The PEST or PESTLE analysis is one of the most common diagnostic tools used in marketing and business planning. Its six basic perspectives provide a framework for understanding external factors which may impact the organization, which is easy to follow and yet the tool is so often misunderstood.PESTLE - Political, Economic, Sociological, Ecological, Legal, Environmental.PESTLE provides the external perspective to a SWOT analysis...where: PESTLE + PRIMO-F = SWOT Six simple rules for … [Read more...] about 5 common mistakes in doing a PESTLE analysis
Eight ways to learn from your mistakes
In the book "Ending the Blame Culture" Michael Pearn, Chris Mulrooney and Tom Payne, the authors say there are eight ways to learn from mistakes.These are:Explore what happened don't judge it Remain calm instead of getting emotional Find out what actually happened instead of reacting to what you think happened Focus on faulty processes not faulty people Provide support instead of finding fault Concentrate on causes instead of effects Assume an attitude of learning … [Read more...] about Eight ways to learn from your mistakes
