Explore

Back to knowledge

PESTEL

A PESTEL analysis is a strategic tool coming from marketing used to identify external forces in the environment that faces an organization. By completing the tool, the team analyses the Political, Economic, Social, Technological, Environmental and Legal forces that make up the external environment. The exercise provides a situational analysis that allows organizations to anticipate threats and opportunities, gain contextual awareness and process external trends. In order to be an active and strategic operative tool, internal assessment needs to be done to translate the insights into actionable strategies for the organization’s future opportunities and operation. The insights coming from this analysis are useful towards a SWOT analysis as well as in activities regarding future scenarios and strategic direction.

Comments ()

Tags

Citizen participationCultureFinanceFundingGovernance and policySocial innovation
Under license CC BY-NC-SA
This license allows reusers to distribute, remix, adapt, and build upon the material in any medium or format for noncommercial purposes only, and only so long as attribution is given to the creator. If you remix, adapt, or build upon the material, you must license the modified material under identical terms.