Advanced form of PEST: PESTELEM Analysis

PEST Analysis
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Stefan Smith
Project Manager, Germany

Advanced form of PEST: PESTELEM Analysis

An advanced form of PEST analysis is called PESTELEM
Political
Economic
Social
Technological
Ecological
Legal
Ethical
Media
Now what is the difference? This kind of PEST is more accurate and offers more diverse look on business context.
If there are any questions I will gladly answer them...

  bade raju
Student (Other), India
 

PESTELEM versus PEST

Why are media, ethical, ecological added?
What is the advantage of PESTELEM over PEST?

  helen nzainga, Kenya
 

PEST Analysis: PESITELEFM

Can also come up with pesitelefm
Political
Economic
Social
Institutional
Technological
Environmental/Ecological
Legal
Ethical
Financial
Media.

  Ricardo Ponticelli
Project Manager, Brazil
 

Simplify is the Way not to Complex It

To me, the genius is simplifying the process.
I wonder if inserting more and more letters is not just making it more complex.
Why can't these new cards be involved in the others?

  Jaap de Jonge
Editor, Netherlands
 

PESTELEM is More Explicit

@Ricardo Ponticelli: I agree one should normally keep things as simple as possible. On the other hand, by mentioning mo...

  eduardo oliva
Professor, Mexico
 

Complex versus Simple

Mostly depends on the nature of the situation under analysis. Also, simple observations become increasingly complex as t...

 

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