Mental Model:
PESTEL Analysis
External Factors, Framework, Organizational Impact
A PESTEL analysis is a framework used to analyze and evaluate the external factors that can impact an organization or project, including political, economic, social, technological, environmental, and legal factors.
Instructions
1. Identify the Political factors affecting the industry or organization.
2. Analyze the Economic factors and their impact on the industry or organization.
3. Consider the Sociocultural factors and their influence on the industry or organization.
4. Evaluate the Technological factors and their implications for the industry or organization.
5. Examine the Environmental and Legal factors affecting the industry or organization.
Mental Model:
PESTEL Analysis
External Factors, Framework, Organizational Impact
A PESTEL analysis is a framework used to analyze and evaluate the external factors that can impact an organization or project, including political, economic, social, technological, environmental, and legal factors.
Instructions
1. Identify the Political factors affecting the industry or organization.
2. Analyze the Economic factors and their impact on the industry or organization.
3. Consider the Sociocultural factors and their influence on the industry or organization.
4. Evaluate the Technological factors and their implications for the industry or organization.
5. Examine the Environmental and Legal factors affecting the industry or organization.