Hi buddy. The McKinsey 7S framework has been added as per your request. Link below. Cheers! ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-MKfuCdxpF4I.html
Am not disputing that the 'E' can mean what you said however I was introduced to this 'E' as the terrain or general environment in which the business has to function. Therefore, the environment encapsulates all of the above.
Hello, I have a question and I hope that you reply ASAP. I’m working on a case study and the information mentioned in it are a bit limited, so to collect these external factors do I have to do an additional research about the case topic and write what I find is good? Or the answers must all be from the case study itself? Thank you,
Hi Mona. If the context is a real business case study, the answer depends on several factors like the scope of the project, the significance of the project and the amount of resources you wish to dedicate to the analysis. For academic case studies, one would need to use the information provided to analyse and come up with external factors. So the answer would need to be derived from the limited info provided. Hope this helps!
Thank you Sir. This is really impressive. You are such a wonderful presenter. Please Sir, if you may talk on mathematical model of consumer behaviour. How can it be used to analyze data? Thanks!
Hi Abdul. A detailed tutorial on Consumer Behaviour has been added as requested. Please check it out! 🙂 ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-IJ9X27fpMjk.html
Hi Chijioke. Scanstep is like the next stage of PESTLE. It covers a couple of additional factors like Security, like you mentioned. Security in Scanstep refers to actual physical security from criminality, terrorism etc. Physical security issues always hinder development and business.
You seem to be very knowledgeable and a sharp guy. You have really demystified the subject which have made me to even subscribe to your channel. Kudos bro!!
Hello bro! Thank you for your appreciation. I hope you take a look at some other tutorials in this channel and find them useful too. Despite all the work I put in, this is still a small channel in the world of RU-vid. So any support from you and other subscribers to grow this channel will help keep me motivated! Take care! 😊
sorry for my rant needed to get that out. great explanation... now only if i could apply this to my assignment on Zocdoc but i know nothing about them even after watching an hour long video my teacher made us watch.................
Haha! It's really nice of you to say this. I do always intend to keep it short and simple to help one and all. It's difficult to please everyone in this day n age. But subscribers like yourself and the others keep my spirits up! Keep supporting! :)
Strategic decision making needs to take various factors - internal and external into consideration. PESTLE focuses in on external factors and helps strategic decision making