The PEST Analysis Political, Economic, Social and Technical factors affecting a business or organization from the environment in which it operates.Originally designed as a business environmental scan, the PEST analysis is an analysis of the external macro environment (big picture) in which a business operates. These are often factors which are beyond the direct control or influence of a business or organization, however are important to be aware of when doing product development, business … [Read more...] about History of PEST analysis
What is a Strategic Analysis?
What is a Strategic Analysis? A strategic analysis is an external review of what is happening in the environment in which your organization operates now, as well as short, medium and long term futures.It requires looking at several situations:What is happening now that may impact the organisation What might happen that could impact the organization What is the organizations response likely to be to change? How well prepared are the people in the organization to respond to … [Read more...] about What is a Strategic Analysis?
Resources For Business
The RapidBI Team have been busy writing new free content covering strategic and tactical business theories, tools, techniques and methods appropriate for people involved in the development of organizations or themselves.Below are some of the most commonly viewed pages.Key Pages: Holistic Diagnostic Tools - Find out what using a holistic approach can offer you and your organization Scanning the Business Environment – Why do this – is it just a waste of time or the critical … [Read more...] about Resources For Business
