How to Conduct Swot and Pestle Analysis | Talent and Skills HuB

This video explains How to Conduct Swot and Pestle Analysis. A SWOT analysis is a tool for documenting internal strengths (S) and weaknesses (W) in your business, as well as external opportunities (O) and threats (T). While PESTLE is an acronym that stands for Political, Economic, Social, Technology, Legislative/Legal and Environment.
You can apply SWOT analysis to the elements of your organisation to understand their impacts on the business operations, strategy and decision making. While PESTLE analysis is an audit or external scan of an organisation’s environmental influences that helps guide the planning and strategic decision making. It is often referred to as providing a ‘big picture’ of the environment in which a business operates.
This video teaches you how you can use the information obtained from your SWOT and PESTLE analysis to plan your business and achieve your goals. So, it explains swot analysis, pestle analysis, how to conduct swot analysis, how to conduct swot analysis of a company, how to conduct swot analysis in education, how to conduct swot analysis in an organization, how to do a swot analysis, how to conduct swot analysis explain with proper example, swot and pestle analysis, pestle analysis example, how to do swot analysis, pest analysis and swot analysis example
RESOURCES and LINKS RELATED TO THIS VIDEO:
How to Conduct a Detailed SWOT Analysis Explained:
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A Detailed Pestle Analysis Explained with Simple Template:
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PESTLE Analysis of Beauty Industry Explained:
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PESTLE Analysis of Fashion Industry:
• PESTLE Analysis of Fas...
Why Combining PEST and SWOT Analysis Is Essential for All Businesses:
• Why Combining PEST and...
Evaluating Business Products with PEST Analysis:
• Evaluating Business Pr...
Simple Technique for Generating Business Ideas using PETLE Analysis:
• Simple Technique for G...
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Пікірлер: 21

  • @JenniferWynters-kv8km
    @JenniferWynters-kv8km2 күн бұрын

    Nice breakdown of SWOT and PESTLE analysis. Conducting SWOT and PESTLE analyses are essential for understanding both internal and external factors that impact business strategies. I have found lot of tools which makes our lives easy when it comes to getting the analysis done in no time. Few of my most favourites are Miro and Creately. I like Miro because of it's smoothness and Creately for it's infinity canvas, templates related to different use cases and their color palettes. Have a look at these tools, it's worth checking out.

  • @jinggaylejano6941
    @jinggaylejano69412 жыл бұрын

    Thank you for this video. A good resource material for my lessons in Applied Economics.

  • @TalentandSkillsHuB

    @TalentandSkillsHuB

    2 жыл бұрын

    Hi Jinggay! Glad it was helpful! Thank you.

  • @socialimpact2094
    @socialimpact20942 жыл бұрын

    Thank you ! 👍👍👍

  • @TalentandSkillsHuB

    @TalentandSkillsHuB

    2 жыл бұрын

    Our pleasure!

  • @MOHIT-ie1rx
    @MOHIT-ie1rx Жыл бұрын

    Superb explanation 👍

  • @TalentandSkillsHuB

    @TalentandSkillsHuB

    Жыл бұрын

    Thank you 🙂

  • @mauie7285
    @mauie72852 жыл бұрын

    Thankuuuu

  • @TalentandSkillsHuB

    @TalentandSkillsHuB

    2 жыл бұрын

    You are welcome Mauie

  • @davidpage411

    @davidpage411

    2 жыл бұрын

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  • @davidpage411

    @davidpage411

    2 жыл бұрын

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  • @Adam-uc6hk
    @Adam-uc6hk7 ай бұрын

    How do I use swot and steeple together to make a well informed analysis

  • @TalentandSkillsHuB

    @TalentandSkillsHuB

    7 ай бұрын

    How do I use the swot analysis and steeple together to make a well informed analysis.

  • @TalentandSkillsHuB

    @TalentandSkillsHuB

    7 ай бұрын

    Got your question. Here's how you can do that: 1. SWOT Analysis: - Strengths: What are you good at? - Weaknesses: What could you improve? - Opportunities: What possibilities exist? - Threats: What challenges do you face? 2. STEEPLE Analysis: - Social: How do people affect your business? - Technological: What tech trends matter? - Economic: What economic factors impact you? - Environmental: How does the environment matter? - Political: What political factors influence you? - Legal: Any legal issues to consider? - Ethical: What ethical concerns exist? 3. Connect the Dots: - Match your strengths with opportunities. - Mitigate weaknesses against threats. - See how the outside world influences your inside world. 4. Make Smart Moves: - Use this understanding to make better decisions. - Leverage your strengths and external opportunities. - Work on weaknesses and guard against threats. 5. Stay Updated: - Keep checking in on your SWOT and STEEPLE. - Adapt your strategies as things change. It's like understanding both yourself and the world to make the best decisions for your business. Hope you found this response helpful?

  • @Adam-uc6hk

    @Adam-uc6hk

    7 ай бұрын

    This is perfect 🙂👍

  • @TalentandSkillsHuB

    @TalentandSkillsHuB

    6 ай бұрын

    @@Adam-uc6hk thank you so much

  • @taminamiller40

    @taminamiller40

    19 күн бұрын

    @@TalentandSkillsHuB that was amazing advice! Thank you