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Strategic Development Tools Analysis 2022

   

Added on  2022-09-25

9 Pages2075 Words21 Views
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1/1/2019
Student Details
[COMPANY NAME]
Strategic
Development
PESTLE, SWOT and FIVE FORCES
MODEL
Strategic Development Tools Analysis 2022_1

STRATEGY DEVELOPMENT TOOLS 1 | P a g e
Table of Contents
Introduction.........................................................................................................................................2
Strategic Development Models.......................................................................................................2
Strategic Model 1: PESTLE Analysis.........................................................................................2
PESTLE Analysis of PepsiCo..................................................................................................3
Strategic Model 2: SWOT Analysis.............................................................................................3
SWOT Analysis on Commonwealth Bank of Australia (CBA)............................................4
Strategic Model 3: Porter’s Five Forces Model.........................................................................5
Porter’s Five Forces Analysis in CSL Ltd..............................................................................5
Conclusion..........................................................................................................................................5
References............................................................................................................................................7
Strategic Development Tools Analysis 2022_2

STRATEGY DEVELOPMENT TOOLS 2 | P a g e
Introduction
Strategy Development is required in present complex business environment, as due to
complex business nature the management of organisation has to critically analyse each
and every factor in business environment and plan and prepare accordingly so that the
planned activities could lead the organisation towards achievement of organisational
goals. In order to effectively analyse and manage the business environment the
management of the organisation requires strategic development tools, that help the
organisation in effective analysing of the business environment both internal and external
and to develop business strategies that fulfil the needs and requirements of the
environment and help the organisation to achieve its goals (Whittington, et al., 2016). The
essay is focused towards analysing such strategic development tools and their
implementation in today’s business.
Strategic Development Models
Strategic Model 1: PESTLE Analysis
PESTLE Analysis is a strategy management tool that helps an organisation to analyse its
external environment and the key factors influencing the organisational performance. It
provides an analysis of the Political, economic, social, technological, legal and
environmental factors of the external environment, such factors have direct as well as
indirect affect on the working of the business activities (Yüksel, 2012).
Political factors are related to the governmental policies and the political nature of the
nation in which the business is operating it analyses the effect of such factors on the
working of business. Economic factors have their direct impact on the business profitability
as the economic factors include the interest rates, inflation, consumer’s disposable income
and the economic growth of the country. Such factors analyse the return on investment for
the organisation. Social factors include the beliefs and values that people follow in the
societies of the target market. As the cultural and religious beliefs of customer base has
adverse effect on the organisational performance. Technological factors help the
organisation in analysing the technological changes in the environment and how they can
impact the organisation. Legal factors analyse the laws and regulations of the nation such
as health and safety law, employment laws, consumers rights protection act and product
safety and quality standards. The last element of analysis is the environmental factors
which helps the organisation in defining its responsibility towards environmental changes
Strategic Development Tools Analysis 2022_3

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