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Step Industry Analysis Tool

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Step Industry Analysis Tool

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  1. Step Industry Analysis Tool STEP Industry Analysis ToolPurposeThe purpose of this tool is to provide assistance with evaluating external market conditions &trends from the following perspectives: Social, Technological, Economic, and Political.The Implications section for each area is the most important aspect of the analysis. Be sureto deeply assess how each issue will impact your organization. Once you have completedthe analysis sections, develop an Action Plan for moving forward.ScopeDetermine if your analysis will cover conditions and trends for global, national, local, industry,or specific markets. Be consistent with your scope for all sections of the analysis.STEP Industry AnalysisSocialTrend 1:Trend 2:Condition 1:Implications:

  2. TechnologicalCondition 1:Condition 2:Trend 1:Implications:EconomicCondition 1:Condition 2:Condition 3:Implications: TechnologicalCondition 1:Condition 2:Trend 1:Implications:EconomicCondition 1:Condition 2:Condition 3:Implications:

  3. PoliticalCondition 1:Condition 2:Trend 1:Implications:Action Plan 1. Step 1 2. Step 2 3. Step 3 PoliticalCondition 1:Condition 2:Trend 1:Implications:Action Plan 1. Step 1 2. Step 2 3. Step 3

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