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PESTLE Analysis and Key Drivers of Change for John Lewis & Partners

   

Added on  2023-06-17

6 Pages962 Words208 Views
BM461 Global Business
Environment
1

INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
PESTLE analysis on John Lewis & Partners.........................................................................3
The key drivers of changes for (JLP).....................................................................................4
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................5
2

INTRODUCTION
Global business environment is termed as an environment in which number of business
organisations around the globe operates business and get affected by the global environment
elements (Amankwah-Amoah, Khan and Wood, 2021). There different type of factors prevailing
in a global business that have tendency to impact upon the decision making of company. Present
report is conducted on John Lewis which is the leading organisation in retail industry and offer
high quality products and services to consumers. Present report includes pestle analysis of
company along with the key drivers of change.
MAIN BODY
PESTLE analysis on John Lewis & Partners
Political:
John Lewis is one of the leading premium retail store brands in the United Kingdom.
However due to Covid-19, trade policies such as export and import rules and regulation impact
organisation business (Guo, Li and Yuan, 2021). Furthermore, Brexit made major changes in
government policies and foreign trade globally. However political stability of UK will offer
benefit to organisation.
Economic:
Due to covid-19 and Brexit there is major shift in the spending habits of consumers along
with rising inflation recession and taxes and duties which affected performance of John Lewis.
With the help of shifting strategies with the help of different promotional tactics company can
attract a greater number of consumers.
Social:
In order to evaluate individuals and community behaviour lifestyle and their attitude
towards products and services John Lewis can provide them efficient offerings. In this with the
help of emphasising upon safety, quality and hygienic part of products John Lewis can influence
consumers mind set.
Technological:
3

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