Report on Jimmy Choo: PESTLE & SWOT Analysis of Business Environment

This report analyzes the external and internal environmental factors affecting Jimmy Choo using PESTLE and SWOT frameworks. It identifies the company's strengths, weaknesses, opportunities, and threats, highlighting the impact of political, economic, social, technological, legal, and environmental factors. The analysis covers Jimmy Choo's geographic presence, product portfolio, inventory management, and strategic decision-making. It also addresses the influence of market conditions, workforce skills, sustainability trends, and technological advancements. The report further discusses how Jimmy Choo impacts its external environment through revenue, business operations, and stakeholder relations, emphasizing the importance of adhering to governmental norms, legal compliance, and customer satisfaction in a globalized market.

Introduction
In this presentation it will be discussing external and internal
environmental factors of the organization by utilizing relevant frameworks
PESTLE and SWOT analysis. Furthermore, it will highlight some ways in
which organization impact over external environment.
Jimmy choo and Its Environment
External Environment
political factor
political stability is one of the most fundamental aspect for company to influence
audience as well as investor confidential level.
Economic factor
Higher financial marketplace efficiency covers more positive relations with economic
growth. Jimmy Choo requires to select countries having most efficient financial
markets in order to accumulate human and financial capital
Social factor
Higher population success and rising populations of millennials are two foremost
demographic indicators for Jimmy Choo. It is significant for organization to study in
depth about attitude of their host country towards relocation in positive attitude in
order to welcome immigrants from several cultural backgrounds.
technological factor
Technological innovative developments and rate might impact overall market or
industry. These emerging trends are necessitate for organization to evaluate new
product development, innovative features, life cycle length of product favoured by
customers. While conducting research in customer attitudes for emerging digital
transformations will assist corporate to understand difference among opening up
physical store and shifting to e- commerce.
legal factor
Legal factors serve in depth and specific information aligned with several regulations
and laws which usually involves employment law, intellectual property law and
health and safety laws. In the context of Jimmy Choo, it is mandatory to ensure
working culture safety as suitable compliance with employment law will be helpful for
company to strengthening the overall performance
environmental factor
The appearance of renewable technologies to minimize dependence over natural
resources has appeared as strong trend in different sectors. Jimmy Choo must
assess extent to which country technological infrastructure assists utilization of
renewable technologies to gather environmental trend. Weather conditions is
essential to be recognized as operational cost efficiency, also employee productivity
can lead to highly influence aspect from local weather conditions. Such conditions
shape the behaviour whereby company must integrate flexibility within supply chain
operations.
How the company impact its
context External Environment
External environment can be highly
influenced by business organizations as
there are various consequences aligned with
direct and indirect effect likely to be termed
as revenue and business operations. In
relation with the stakeholders it can be
clearly analysed about several impact which
can be formulated by organization. If
workforce is not obeying the governmental
norms and updating with necessitate
information, then it will create sophisticated
impact on the external factors. All kind of
laws are essential and strictly to be followed
by each and every department in order to
manage external forces effectively
(Benzaghta and et.al., 2021). The external
environment for business will serve better
chance to make positive impact over the
business operations and long term
sustainable aspects. although customers are
core of business and having major influence
in external environment. the customer
satisfaction has become vast and
challenging because of globalization..
Internal Factors
strengths
The geographic presence within several regions can be major strengthening
aspect of the organization (Damasceno and Abreu, 2018). It clearly depicts for
business to reach up to target audience with easy accessibility. Also, broad
product portfolio enables organization to expand strong customer base.
weakness
The weakening aspects of the company can occur due to poor inventory
management. Whereas inability to get over customer needs direct towards
ineffective strategic decision making. In similar way organization will not be
able to determine potential improvements as looking areas into product or
service.
opportunities
The major chances of opportunity for business is aligned with exponential
growth among population and specifically within existing and potential
customers. Moreover, having good knowledge about market conditions and
preference of customers will serve ability to organization to grab better
opportunities.
threats
Shortage of skilled workforce in marketplaces will make grim to attract talent
associated with right skills set. Another threat can be stated as growing
sustainability trends that would create problematic concerns while offering
product and services which is not environmental friendly in nature
References
Damasceno, V.S. and Abreu, Y.V.D., 2018.
Evaluation of wind energy in Brazil using SWOT
and PESTEL analysis. Interações (Campo
Grande), 19, pp.503-514.
Tsangas, M. and et.al., 2019. The application of
analytical hierarchy process in combination with
PESTEL-SWOT analysis to assess the
hydrocarbons sector in Cyprus. Energies, 12(5),
p.791.