Rating: 0 out of 5 stars
0 ratings
Ebook42 pages23 minutes
PESTLE Analysis: Understand and plan for your business environment
By 50minutes
Rating: 4 out of 5 stars
4/5
()
About this ebook
Prepare the best strategies in advance
This book is a practical and accessible guide to understanding and implementing the PESTLE analysis, providing you with the essential information and saving time.
In 50 minutes you will be able to:
• Understand the uses of the PESTLE analysis and how it can be useful for your business
• Categorize the macroeconomic variables of your business into the six different sections of the PESTLE analysis: Political, Economic, Socio-cultural, Technological, Legal and Environmental.
• Analyze your findings and use the information to construct possible future scenarios and plan the best action to take in advance
ABOUT 50MINUTES.COM | Management & Marketing
50MINUTES.COM provides the tools to quickly understand the main theories and concepts that shape the economic world of today. Our publications are easy to use and they will save you time. They provide elements of theory and case studies, making them excellent guides to understand key concepts in just a few minutes. In fact, they are the starting point to take action and push your business to the next level.
This book is a practical and accessible guide to understanding and implementing the PESTLE analysis, providing you with the essential information and saving time.
In 50 minutes you will be able to:
• Understand the uses of the PESTLE analysis and how it can be useful for your business
• Categorize the macroeconomic variables of your business into the six different sections of the PESTLE analysis: Political, Economic, Socio-cultural, Technological, Legal and Environmental.
• Analyze your findings and use the information to construct possible future scenarios and plan the best action to take in advance
ABOUT 50MINUTES.COM | Management & Marketing
50MINUTES.COM provides the tools to quickly understand the main theories and concepts that shape the economic world of today. Our publications are easy to use and they will save you time. They provide elements of theory and case studies, making them excellent guides to understand key concepts in just a few minutes. In fact, they are the starting point to take action and push your business to the next level.
Read more from 50minutes
Yoga for Beginners: Simple techniques to boost your wellbeing Transactional Analysis: A valuable tool for understanding yourself and others Rating: 3 out of 5 stars3/5The Six-Day War: The Conflict that Re-Shaped the Middle East Rating: 0 out of 5 stars0 ratingsAlbert Camus: Existentialism, the Absurd and rebellion Rating: 5 out of 5 stars5/5The United Nations: The Organisation at the Heart of International Diplomacy Rating: 5 out of 5 stars5/5Opus Dei: The Secrets and Scandals of an Influential Organisation Rating: 0 out of 5 stars0 ratingsThe Yom Kippur War: The Arab-Israeli Conflict of 1973 Rating: 0 out of 5 stars0 ratingsThe Trojan War: A legendary conflict in Ancient Greece Rating: 0 out of 5 stars0 ratingsThe Eruption of Vesuvius: The Deadly Disaster of Pompeii Rating: 5 out of 5 stars5/5Mindfulness: The secrets to inner peace and harmony Rating: 0 out of 5 stars0 ratingsThe Battle of Thermopylae: The Heroic Fall of Leonidas I and the 300 Spartans Rating: 5 out of 5 stars5/5Henry Ford: Mass Production and the Model T Rating: 0 out of 5 stars0 ratingsMagellan: The First Circumnavigation of the Globe Rating: 0 out of 5 stars0 ratingsLearn to Love Yourself: Practical steps to build confidence and self-esteem Rating: 0 out of 5 stars0 ratingsThe Battle of Tours: The Turning Point in the Struggle Against Islam Rating: 0 out of 5 stars0 ratingsGeorges Lemaître: The Big Bang Theory and the Origins of Our Universe Rating: 5 out of 5 stars5/5Isaac Newton: A Giant of Modern Science Rating: 0 out of 5 stars0 ratingsThe Battle of Lepanto: The Brutal Defeat of the Ottoman Empire Rating: 0 out of 5 stars0 ratingsWinston Churchill: Britain’s Legendary Wartime Leader Rating: 0 out of 5 stars0 ratingsThe Chernobyl Disaster: The Nuclear Catastrophe and its Devastating Effects Rating: 0 out of 5 stars0 ratingsGeorge Washington: The Founding Father of the US Constitution Rating: 4 out of 5 stars4/5The Battle of Verdun: The Horror of Trench Warfare Rating: 0 out of 5 stars0 ratingsWorld War I: Part Three: 1918: The Outcome Rating: 0 out of 5 stars0 ratingsThe Watergate Scandal: The conspiracy that brought down Nixon Rating: 0 out of 5 stars0 ratingsAlbert Einstein: The Genius who Changed the Face of Physics Rating: 1 out of 5 stars1/5Neil Armstrong: The Success of Apollo 11 and the First Man on the Moon Rating: 0 out of 5 stars0 ratingsTito: The Marshal of Yugoslavia Rating: 4 out of 5 stars4/5
Related to PESTLE Analysis
Titles in the series (28)
The Marketing Mix: Master the 4 Ps of marketing Rating: 5 out of 5 stars5/5The Competitive Power of the Product Lifecycle: Revolutionise the way you sell your products Rating: 0 out of 5 stars0 ratingsThe Greiner Growth Model: Anticipate crises and adapt to a changing business world Rating: 0 out of 5 stars0 ratingsPorter's Five Forces: Understand competitive forces and stay ahead of the competition Rating: 4 out of 5 stars4/5Ishikawa Diagram: Anticipate and solve problems within your business Rating: 5 out of 5 stars5/5The BCG Growth-Share Matrix: Theory and Applications: The key to portfolio management Rating: 2 out of 5 stars2/5Gestalt Psychology for Marketing and Leadership: Influence customer perceptions and make your advertising more memorable Rating: 0 out of 5 stars0 ratingsThe Theory of Comparative Advantage: Why specialisation is the key to success Rating: 0 out of 5 stars0 ratingsMaslow's Hierarchy of Needs: Gain vital insights into how to motivate people Rating: 5 out of 5 stars5/5Management by Objectives: Get the best out of your employees Rating: 0 out of 5 stars0 ratingsGame Theory: The art of thinking strategically Rating: 3 out of 5 stars3/5Michael Porter's Value Chain: Unlock your company's competitive advantage Rating: 4 out of 5 stars4/5The Law of Diminishing Returns: Theory and Applications: Understand the fundamentals of economic productivity Rating: 0 out of 5 stars0 ratingsThe Six Sigma Method: Boost quality and consistency in your business Rating: 3 out of 5 stars3/5Pareto's Principle: Expand your business with the 80/20 rule Rating: 5 out of 5 stars5/5Freemium: Attract more customers and boost your sales Rating: 0 out of 5 stars0 ratingsThe Long Tail Theory for Business: Find your niche and future-proof your business Rating: 0 out of 5 stars0 ratingsMcKinsey 7S Framework: Boost business performance, prepare for change and implement effective strategies Rating: 4 out of 5 stars4/5Capital Asset Pricing Model: Make smart investment decisions to build a strong portfolio Rating: 4 out of 5 stars4/5The SWOT Analysis: A key tool for developing your business strategy Rating: 4 out of 5 stars4/5The Balanced Scorecard: Turn your data into a roadmap to success Rating: 4 out of 5 stars4/5SMART Criteria: Become more successful by setting better goals Rating: 5 out of 5 stars5/5The Peter Principle: Say NO! to incompetence at work Rating: 4 out of 5 stars4/5Business Plan Checklist: Plan your way to business success Rating: 5 out of 5 stars5/5Parkinson's Law: Master time management and increase productivity Rating: 0 out of 5 stars0 ratingsPESTLE Analysis: Understand and plan for your business environment Rating: 4 out of 5 stars4/5Improve Your Business Through Kaizen: Boost your results with continuous improvement Rating: 4 out of 5 stars4/5
Related ebooks
The SWOT Analysis: A key tool for developing your business strategy Rating: 4 out of 5 stars4/5The Balanced Scorecard: Turn your data into a roadmap to success Rating: 4 out of 5 stars4/5The BCG Growth-Share Matrix: Theory and Applications: The key to portfolio management Rating: 2 out of 5 stars2/5McKinsey 7S Framework: Boost business performance, prepare for change and implement effective strategies Rating: 4 out of 5 stars4/5Strategic Analysis of Business Rating: 4 out of 5 stars4/5Business Plan Checklist: Plan your way to business success Rating: 5 out of 5 stars5/5Competitive Strategy: Techniques for Analyzing Industries and Competitors Rating: 4 out of 5 stars4/5PESTEL Analysis: Ensure the Continuity of Your Business In 50 minutes Rating: 0 out of 5 stars0 ratingsThinkers 50 Strategy: The Art and Science of Strategy Creation and Execution Rating: 0 out of 5 stars0 ratingsCorporate Strategy: A Handbook for Entrepreneurs Rating: 4 out of 5 stars4/5Swot analysis in 4 steps: How to use the SWOT matrix to make a difference in career and business Rating: 4 out of 5 stars4/5Strategic Planning Rating: 0 out of 5 stars0 ratingsHandbook of Business Model Innovation: Tips & Tools on How to Innovate Business Models Rating: 5 out of 5 stars5/5Strategic Position in Strategic Management Rating: 0 out of 5 stars0 ratingsPorter's Five Forces: Understand competitive forces and stay ahead of the competition Rating: 4 out of 5 stars4/5Management by Objectives: Get the best out of your employees Rating: 0 out of 5 stars0 ratingsIshikawa Diagram: Anticipate and solve problems within your business Rating: 5 out of 5 stars5/5The Six Sigma Method: Boost quality and consistency in your business Rating: 3 out of 5 stars3/5Pareto's Principle: Expand your business with the 80/20 rule Rating: 5 out of 5 stars5/5Michael Porter's Value Chain: Unlock your company's competitive advantage Rating: 4 out of 5 stars4/5The Competitive Power of the Product Lifecycle: Revolutionise the way you sell your products Rating: 0 out of 5 stars0 ratingsThe Greiner Growth Model: Anticipate crises and adapt to a changing business world Rating: 0 out of 5 stars0 ratingsThe Theory of Comparative Advantage: Why specialisation is the key to success Rating: 0 out of 5 stars0 ratingsImprove Your Business Through Kaizen: Boost your results with continuous improvement Rating: 4 out of 5 stars4/5Game Theory: The art of thinking strategically Rating: 3 out of 5 stars3/5Benchmarking for Businesses: Measure and improve your company's performance Rating: 0 out of 5 stars0 ratingsThe Law of Diminishing Returns: Theory and Applications: Understand the fundamentals of economic productivity Rating: 0 out of 5 stars0 ratingsThe Long Tail Theory for Business: Find your niche and future-proof your business Rating: 0 out of 5 stars0 ratingsSMART Criteria: Become more successful by setting better goals Rating: 5 out of 5 stars5/5The Peter Principle: Say NO! to incompetence at work Rating: 4 out of 5 stars4/5
Business & Financial Law For You
Nolo's Quick LLC: All You Need to Know About Limited Liability Companies Rating: 5 out of 5 stars5/5Win In Court Every Time Rating: 5 out of 5 stars5/5Disloyal: A Memoir: The True Story of the Former Personal Attorney to President Donald J. Trump Rating: 4 out of 5 stars4/5Business Law Rating: 4 out of 5 stars4/5Mergers and Acquisitions from A to Z Rating: 4 out of 5 stars4/5Employment Law (in Plain English) Rating: 0 out of 5 stars0 ratingsLegal Guide for Starting & Running a Small Business Rating: 4 out of 5 stars4/5LLC: LLC Quick start guide - A beginner's guide to Limited liability companies, and starting a business Rating: 5 out of 5 stars5/5The Chickenshit Club: Why the Justice Department Fails to Prosecute Executives Rating: 5 out of 5 stars5/5A Study of the Federal Reserve and its Secrets Rating: 4 out of 5 stars4/5Introduction to Negotiable Instruments: As per Indian Laws Rating: 5 out of 5 stars5/5Business Organizations: Outlines and Case Summaries: Law School Survival Guides, #10 Rating: 0 out of 5 stars0 ratingsInsurance Ethics Training Rating: 5 out of 5 stars5/5Bookkeepers' Boot Camp: Get a Grip on Accounting Basics Rating: 5 out of 5 stars5/5Business Law Made Simple: A Guide for Students Rating: 0 out of 5 stars0 ratingsHow to Effectively Market and Manage a Law Firm Rating: 0 out of 5 stars0 ratingsLaw of Leverage: The Key to Exponential Wealth Rating: 4 out of 5 stars4/5Your Limited Liability Company: An Operating Manual Rating: 0 out of 5 stars0 ratingsUS Consumer Debt Relief: Industry, Overview, Laws & Regulations Rating: 0 out of 5 stars0 ratingsBuffettology Rating: 4 out of 5 stars4/5AI For Lawyers: How Artificial Intelligence is Adding Value, Amplifying Expertise, and Transforming Careers Rating: 0 out of 5 stars0 ratingsThe Law (in Plain English) for Nonprofit Organizations Rating: 0 out of 5 stars0 ratingsThe Writer's Legal Guide, Fourth Edition Rating: 5 out of 5 stars5/5The Copyright Guide: How You Can Protect and Profit from Copyright (Fourth Edition) Rating: 0 out of 5 stars0 ratingsThe SHRM Essential Guide to Employment Law, Second Edition: A Handbook for HR Professionals, Managers, Businesses, and Organizations Rating: 0 out of 5 stars0 ratingsS Corporation ESOP Traps for the Unwary Rating: 0 out of 5 stars0 ratingsCalifornia Employment Law: An Employer's Guide: Revised and Updated for 2022 Rating: 0 out of 5 stars0 ratingsBusiness Associations, Law Essentials: Governing Law for Law School and Bar Exam Prep Rating: 0 out of 5 stars0 ratings
Related podcast episodes
ESG disclosures: What matters to investors 0% found this document usefulCharles O'Reilly III and Michael L. Tushman - Lead and Disrupt: Why do successful firms find it so difficult to a… 0% found this document usefulTalking ESG: Role of the C-suite in sustainability reporting 0% found this document usefulTalking ESG: Leveraging TCFD for climate-related disclosures 0% found this document usefulMichael Zezas: The Year of the Long-Term Investor 0% found this document usefulForecast 2021: The “E” in ESG, spotlight on achieving net zero 0% found this document usefulThree Investment Themes for 2024 and Beyond 0% found this document usefulMichael Zezas: A Framework for ESG Growth in U.S. 0% found this document usefulHow powerful strategic partnership strategies can drive industry growth 0% found this document usefulForecast 2021: Operational readiness for IPOs, SPACs, and spins 0% found this document usefulTalking ESG: Evolving your reporting for impact 0% found this document usefulSpecial episode: Building business resilience in uncertain times 0% found this document usefulInternal Controls for ESG Reporting ft. Jeff Thomson & Shari Littan 0% found this document usefulScenario Planning, Uncertainty, and The Pandemic Era 0% found this document usefulSanofi’s Bas van Kesteren Prescribes a Healthy Dose of eCommerce 0% found this document usefulGen-Z, Discuss with Kevin Tewis-Allen a Gen-Z Expert and CMO at Printt - Episode 56 0% found this document useful
Related articles
DEVELOPING A STRATEGY FOR MANAGING Non-Financial Environment, Social, and Governance (ESG) Risks and Opportunities The European Business ReviewArticle
DEVELOPING A STRATEGY FOR MANAGING Non-Financial Environment, Social, and Governance (ESG) Risks and Opportunities
Feb 25, 2021
11 min readViolent Attacks Cripple Trucking Industry Sunday IndependentArticle
Violent Attacks Cripple Trucking Industry
Nov 29, 2020
Economist Mike Schussler said the strike would lead to an increase in food prices and a jobs bloodbath. “I know lots of these truck companies are getting more security, and the cost of transport in South Africa is going to increase. “This will lead t
3 min readFuture Shaping For Active And Collaborative Strategising The European Business ReviewArticle
Future Shaping For Active And Collaborative Strategising
May 31, 2023
8 min readWhy Invest In Strategic Foresight? The European Business ReviewArticle
Why Invest In Strategic Foresight?
Feb 11, 2022
4 min readSurvival Of The Fittest Finweek - EnglishArticle
Survival Of The Fittest
Aug 7, 2020
for years, the campaign to hold companies – and not just their shareholders, but the societies and economies in which they operate – more accountable, moved at a modest but resolute pace. This past year, though, theCovid-19 crisis laid bare the neces
2 min readHow to Build an Uncertainty Advantage Rotman ManagementArticle
How to Build an Uncertainty Advantage
Jan 1, 2021
10 min readESG Is Not ‘Ethical Investing.’ And That’s OK. KiplingerArticle
ESG Is Not ‘Ethical Investing.’ And That’s OK.
Nov 29, 2021
As enthusiasm about ESG investing has been on the rise, so too has controversy. ESG is an acronym that refers to the environmental, social and governance considerations relating to investing. It’s an approach that, by some estimates, may become integ
3 min readFour Steps to Sustainable Business Model Innovation Rotman ManagementArticle
Four Steps to Sustainable Business Model Innovation
Jan 1, 2022
11 min readFLP-IT FORWARD: A New Framework for Growth in the Post-Pandemic Era The European Business ReviewArticle
FLP-IT FORWARD: A New Framework for Growth in the Post-Pandemic Era
May 25, 2021
5 min readBuilding A Future-proof Company – Four Cornerstones Of Transformative Corporate Foresight The European Business ReviewArticle
Building A Future-proof Company – Four Cornerstones Of Transformative Corporate Foresight
Feb 25, 2021
5 min readNo Going Back: Challenges and Opportunities After COVID-19 Rotman ManagementArticle
No Going Back: Challenges and Opportunities After COVID-19
Sep 1, 2020
12 min readBuilding The Strategic Architecture Of The POST PANDEMIC CORPORATE LANDSCAPE The European Business ReviewArticle
Building The Strategic Architecture Of The POST PANDEMIC CORPORATE LANDSCAPE
Feb 11, 2022
20 min readPot’s New Paradigm High TimesArticle
Pot’s New Paradigm
Jul 5, 2022
3 min readThe Strategy Palette: Five Approaches to Strategy for a Complex World Rotman ManagementArticle
The Strategy Palette: Five Approaches to Strategy for a Complex World
Sep 1, 2018
10 min readSustainable Finance Comes of Age Rotman ManagementArticle
Sustainable Finance Comes of Age
Jan 1, 2023
6 min readCorporate Foresight In An Ever-turbulent Era The European Business ReviewArticle
Corporate Foresight In An Ever-turbulent Era
Sep 30, 2020
13 min readChoosing The Best Fit Finweek - EnglishArticle
Choosing The Best Fit
Aug 7, 2020
all investments have an impact – either positive or negative. A positive impact can be generated deliberately or unintentionally. Selecting the right metrics is an important tenet of the impact measurement and management process. But simply measuring
2 min readThe Need To Rethink Risk Governance The European Business ReviewArticle
The Need To Rethink Risk Governance
Jul 26, 2021
5 min readThe Revenue Growth Advantage ThinkSalesArticle
The Revenue Growth Advantage
Mar 29, 2018
2 min readMANAGING BY TRACTION (MbT) REINVENTING MANAGEMENT IN THE CYBER-AGE The European Business ReviewArticle
MANAGING BY TRACTION (MbT) REINVENTING MANAGEMENT IN THE CYBER-AGE
Nov 30, 2020
20 min readThe Challenges And Rewards Of Localising Global Sustainability Strategies The European Business ReviewArticle
The Challenges And Rewards Of Localising Global Sustainability Strategies
Oct 2, 2023
5 min readCORPORATE VENTURING: Challenges And Best Practices Of Large Firms Innovating With Start-ups The European Business ReviewArticle
CORPORATE VENTURING: Challenges And Best Practices Of Large Firms Innovating With Start-ups
Nov 22, 2018
3 min readIntentional Money: Strategies For Sustainable Finance The European Business ReviewArticle
Intentional Money: Strategies For Sustainable Finance
Aug 1, 2022
4 min readBuild Business Resilience Post South AfricaArticle
Build Business Resilience
May 17, 2023
The recently released fourth South Africa Economic Outlook report for 2023 by PwC focuses on the need for businesses to transform in an effort to build their resilience against the country’s long-term socio-economic headwinds. According to PwC’s 26th
3 min read360º Governance: Leadership Guidelines For A World In Crisis Rotman ManagementArticle
360º Governance: Leadership Guidelines For A World In Crisis
Sep 1, 2021
9 min readThe Democratization of Judgment Rotman ManagementArticle
The Democratization of Judgment
Jan 1, 2018
8 min readUnlocking Schumpeter. Fostering Innovation Within Our Organizations The European Business ReviewArticle
Unlocking Schumpeter. Fostering Innovation Within Our Organizations
Nov 25, 2021
5 min readShould You Care About ESG ? Her World SingaporeArticle
Should You Care About ESG ?
Dec 2, 2022
6 min readWinning the ‘20s: A Leadership Agenda for the Next Decade Rotman ManagementArticle
Winning the ‘20s: A Leadership Agenda for the Next Decade
Sep 1, 2019
9 min readHow Leaders Can Overcome Their Biases To Succeed In The Post-crisis World The European Business ReviewArticle
How Leaders Can Overcome Their Biases To Succeed In The Post-crisis World
May 31, 2020
5 min read
Reviews for PESTLE Analysis
Rating: 4 out of 5 stars
4/5
1 rating1 review
- Rating: 4 out of 5 stars4/5It is simple, short, clear and educational. It gives insights of limitations as well along with the advantages of the PESTLE Analysis.
Book preview
PESTLE Analysis - 50minutes
Key information
Names: PESTLE analysis, PESTEL analysis, PESTLE framework.
Uses: the PESTLE analysis enables a manager to identify the key macroeconomic factors that may have an influence on the future development of the business.
Why is it successful? The identification of future macroeconomic variables that might be of interest and the construction of different scenarios allow the manager to better anticipate the strategic decisions needed to ensure the proper development and sustainability of the business.
Key words:
Competitive advantage: an asset that allows an organisation to stand out positively and get ahead of its competitors in a particular sector.
Competitive strategy: methodology implemented with the aim of maximising the success of the business through innovation and greater advantages than those of the competition.
Economic situation: the overall position of an entity, determined by all of its political, economic and social elements.
Pivot variable: an element of crucial importance that can greatly influence the development of the company.
Scenario: the likely theoretical projection for the near or distant future.
Introduction
The company and its environment
Characterised by an ever-changing environment, our current society differs in many ways from what it was before. Adapting to the changing and competitive environment has now become a necessity for any manager wanting to keep their business afloat and help it to prosper in the coming years. The environment (macroeconomic dimension) has actually proven itself to be a source of
Enjoying the preview?
Page 1 of 1