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5 Cards in this Set

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  • Back

PESTEL

Political, economic, social, technological, environmental, legal

Key drivers for change are:

environmental factors likely to have high impact on the success or failure of strategy

Five steps to scenario analyses:

1. Identify scope
2. Identify key drivers
3. Select opposing key drivers
4. Develop scenarios
5. Identify impacts

Porters five forces:

1. Threat of entry
2. Threat of substitutes
3. Power of buyers
4. Power of suppliers


5. Competitor rivalry

Strategic groups are:

orgs within an industry/sector with similar strategic characteristics, following similar strategies or competing on similar bases