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PESTLE business analysis technique

Learn how PESTLE analysis helps anticipate major changes impacting industries. Scroll down to apply it to your strategic planning.
The PESTLE business analysis technique

Introduction

PESTLE business analysis technique

PESTLE analysis

PESTLE analysis is a tool that helps a business analyst or change manager analyse the key drivers of change in the strategic or business environment.

PESTLE analysis is a technique you can learn by taking a BCS Business Analysis Foundation certificate course. The BCS Foundation certificate course is one of four courses bundled as part of our BCS International Diploma in Business Analysis training bundle.

PESTLE stands for:

  • Political;
  • Economic;
  • Social (or Socio-cultural);
  • Technological;
  • Legal;
  • Environmental.

PESTLE analysis is often used when conducting a SWOT analysis. It helps the business analyst understand external factors affecting the organisation.

Infographic

PESTLE analysis - business analysis technique infographic.

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