Pestle Analysis

4773 WordsOct 27, 201420 Pages
PESTLE Analysis Strategy Skills Team FME www.free-management-ebooks.com ISBN 978-1-62620-998-5 Copyright Notice © www.free-management-ebooks.com 2013. All Rights Reserved ISBN 978-1-62620-998-5 The material contained within this electronic publication is protected under International and Federal Copyright Laws and treaties, and as such any unauthorized reprint or use of this material is strictly prohibited. You may not copy, forward, or transfer this publication or any part of it, whether in electronic or printed form, to another person, or entity. Reproduction or translation of any part of this work without the permission of the copyright holder is against the law. Your downloading and use of this eBook requires, and is…show more content…
●● Assisting with the definition of the organization’s strategy. ●● Aiding in the implementation of the organization’s strategy. Strategic Planning Strategic Analysis External Environment PESTLE, Porters 5 Forces Strategic Definition Internal Capability SWOT, Ansoff Boston Box The diagram above shows where five widely used business analysis tools fit into the strategic planning process. This series of eBooks will give you a solid understanding of how these tools can be used, as well as an appreciation of their limitations. ISBN 978-1-62620-998-5 © www.free-management-ebooks.com 5 PESTLE Analysis This knowledge will enable you to take an active and productive role when asked to participate in the strategic decision-making process. Key Points 44 You may be asked to contribute your expertise to meetings where strategic concerns are being discussed. 44 Typical scenarios where you could be asked to provide information for strategic decision making include: analyzing the organization’s external environment, assessing internal capabilities, assisting strategy definitions, and aiding in the implementation. PESTLE Analysis All organizations need to identify external factors within their environment that could have an impact on their operations. Many of these will be things that the organization has no control over, but the implications of which need to be understood. A popular tool for

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