How do you apply the STEEP model to identify and analyze macro trends?
Macro trends are long-term and influential shifts in society, economy, environment, technology, and politics that affect various industries and markets. To identify and analyze macro trends, you need a systematic and comprehensive framework that helps you scan, filter, and evaluate the signals of change. One such framework is the STEEP model, which stands for Social, Technological, Economic, Environmental, and Political. In this article, you will learn how to apply the STEEP model to identify and analyze macro trends in four steps.