PESTLE analysis is a strategic management technique that can be used to evaluate and assess the risks outside the firm. Let us see a PESTLE analysis example to learn how to do this analysis. PESTLE Meaning The word PESTLE is an acronym consisting of the different aspects of this analysis. PESTLE analysis is a strategic …
What is Ansoff matrix and why is it a powerful tool in management? Learn how to use this tool effectively through illustrated examples.
Managers have an elemental role in the development of our modern societies. But what exactly do they do? Mintzberg’s management roles provides an answer!
How to do SWOT analysis perfectly? This is a simple tool for analyzing a firm’s situation, however if you don’t do it correctly, it is not effective!
How to develop a proactive IoT business strategy? IoT could be a source of competitive advantage for your firm. However, it also demands proactive planning.
The word strategy is quite common in our daily language. However, it is an important business concept. Therefore, we have compiled the list of definitions of strategy. Subsequently, we have provided a simple explanation of what strategy means. Origins: what strategy means for the military Strategy as a concept originated in the military. The word …
There are x types of brainstorming. How do you know which one is best for you? Check out this definitive guuide to select the best type of brainstorming.
A simple explanation of Porter’s 5 forces with real-life examples. Understand this model to analyze the competition for a firm and assess the profitability
Are you a leader of a virtual team? Know about the APT framework to effectively enhance productivity.