
The aim of PESTLE analysis is to understand how macro-environmental factors affect the performance of an organization, then take appropriate actions to adapt to the changing environment. It brings together six external perspectives that serve as useful input into the strategic planning process of an organization. These six perspectives are: Political, Economic, Social, Technological, Legal, and environmental external factors.
This template provides a structured approach for scanning the external environment of any business. It follows a seven-step process and designed to be simple and easy to complete. These steps are:
- Brainstorming all possible environmental factors.
- Identifying the potential opportunities and/or threats that may arise from each factor.
- Identifying sources of information for each environmental factor.
- Preparing the study questionnaire.
- Collecting the data.
- Analyzing the collected data.
- Taking appropriate actions where necessary.
This template is a Microsoft PowerPoint presentation file that you can use and modify to suit your specific needs. For example, you may modify the elements in the PESTLE tree structure to meet your needs. You may also add additional sources of information as needed. This template is also provided in Microsoft Excel format where you can record the inputs collected from a PESTLE analysis session in a simple and straightforward manner.
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