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Question: What do you consider to be the essential analysis frameworks in the external and organizational environments; And why? Critically discuss the elements of each framework.

13 Oct 2022,1:35 AM

 

You have been asked as a consultant to assist a client in the creation of a strategic environmental analysis system. What do you consider to be the essential analysis frameworks in the external and organizational environments? And why? Critically discuss the elements of each framework.

Expert answer

 

The two essential analysis frameworks in the external and organizational environments are the PESTEL framework and the SWOT framework.

 

The PESTEL framework is a tool that is used to identify and analyze the political, economic, social, technological, environmental, and legal factors that can affect an organization. This framework is essential for organizations because it helps them to understand the macro-environment that they operate in and how changes in these factors can impact their business.

 

The SWOT framework is a tool that is used to identify an organization's strengths, weaknesses, opportunities, and threats. This framework is essential for organizations because it helps them to understand their internal environment and how they can capitalize on their strengths and opportunities while mitigating their weaknesses and threats.

 

Both of these frameworks are essential for organizations because they provide a comprehensive view of the external and internal environments, respectively. By understanding the factors that can impact their business, organizations can make better strategic decisions that will help them to achieve their objectives.

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