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Discovering management
Discovering management

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2.3.2 PESTLE

PESTLE is an acronym which stands for the following factors:

  • Political (P)
  • Economic (E)
  • Sociological (S)
  • Technological (T)
  • Legal (L)
  • Environmental (E)

The PESTLE framework is used to weigh up the wide range of factors in an organisation’s environment that will impact on its strategy. It can also be used to identify wider influences that occur in different managerial situations.

The factors in a PESTLE analysis are shown in Figure 13.

Described image
Figure 13 Factors in a PESTLE framework

If you would like to read more about this, these CIPD resources on PESTLE [Tip: hold Ctrl and click a link to open it in a new tab. (Hide tip)] (2008) are very helpful.