PEST analysis stands for "Political, Economic, Social, and Technological analysis" and describes a framework of macro-environmental factors used for environmental scanning of strategic management.

PEST assesses a market, including competitors, from the standpoint of a particular proposition or a business. Factors identified in PEST analysis are often classified into opportunities and threats for SWOT analysis.


How to insert the component

The template can be used to start new projects or to extend existing projects. Please read chapter "The Templates" to learn more about how to start new projects.

In order to extend your project:

  1. 1
    Activate the Home Ribbon Home Ribbon
  2. 2
    Click the Add Tool button on the Home ribbon
  3. 3
    Click the icon in the template catalog

In order to find the component within the template catalog, you have to choose a cycle name on the first line of the screen and a phase name at the left of the screen. The component is located in this cycle/phase combinations:

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    Worksheets

    PEST Analysis

    en
    1. 1
      PEST / PESTEL Analysis
      Factors like legislation, competition rules, political stability, taxes, trade barriers, security, subventions.
    2. 2
      PEST / PESTEL Analysis
      Ecological and environmental aspects, e.g. weather, climate change, ...
    3. 3
      PEST / PESTEL Analysis
      Cultural aspects, health, population growth rates, age distribution, lifestyle, ...
    4. 4
      PEST / PESTEL Analysis
      R&D activities, automation, rate of technological change.
    5. 5
      PEST / PESTEL Analysis
      Economic growth, exchange rates, inflation rate, interest rate, ...
    6. 6
      PEST / PESTEL Analysis
      anti-discrimination law, consumer law, employment law, health and safety law

    Need more information? Open questions? Please let us know.

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