PESTLE analysis is a strategic framework used to evaluate the external environment impacting an organization. It examines six key dimensions: Political, Economic, Social, Technological, Legal, and Environmental factors. This tool helps organizations understand the broader forces that may influence their operations and strategic decisions. By identifying potential threats and opportunities within these areas, companies can better anticipate market changes, mitigate risks, and leverage trends to their advantage. PESTLE analysis is essential for strategic planning, ensuring businesses align their initiatives with external realities for enhanced competitiveness and sustainability.
