|
For example, the manager of a company can use the PESTLE analysis as an example of indicators to help him identify the behavior of the end consumer, his culture and the frequency of purchase. Also, in addition to PEST analysis, PESTLE is useful in designing different types of strategies, such as: Strategic business planning A properly developed PESTLE analysis provides contextual information about the direction a business can take, how the brand can be positioned, the growth objectives, but also the risks that can occur to productivity.
It can also help determine the validity of existing products and define the criteria needed for Phone Number Data new product development. Manpower planning PESTLE analysis can help identify disruptive changes that can influence business models and the future of the work environment. In addition, it can help identify problems related to employee skills, new positions, or reductions in existing positions in the organization chart. Planning of marketing activities This type of analysis provides the element related to "climate", extremely important in the analysis phase of the marketing process. Through PESTLE analysis, managers can prioritize certain activities to meet certain marketing objectives within a certain time horizon.

Development of new products By monitoring external activity, PESTLE is an analysis that can help make decisions to start a particular project or not. With the help of this model, you will be able to easily understand whether the product or service you intend to develop will satisfy the need of the consumers or when is the right time to launch a certain product/service. Organizational changes When used in conjunction with SWOT analysis, PESTLE helps identify opportunities and threats from changes that may occur in the job market, such as the skills of current candidates. HR strategies, report and project development Through PESTLE analysis, managers can assess what is happening outside their organization so that they can figure out what the future holds and what opportunities they can explore. Thus, managers can ensure that they will not miss certain important factors when aligning individual employee goals with those of the organization.
|
|