PESTLE is list of areas that can be analysed to help assess the position of a business in relation to external factors. These are factors that may have implications on its trading abilities in both the long and short term.
A PESTLE analysis can form part of a risk management strategy. When a PESTLE analysis is undertaken by a business, a short report is generally prepared highlighting any possible implications on future trading potential, setting out both opportunities and threats.
The acronym PESTLE stands for:
- Political: For example, a change in government is likely to have an effect on the construction sector.
- Environmental: Such as the impact of a government target to cut emissions.
- Social: An ageing population and an increase in requirements for single person homes may impact on the types of buildings required.
- Technological: Advances in broadband technology, or the adoption of BIM may change the ways we work.
- Legal: Planning legislation, building regulations, case law and so on.
- Economic: Government spending has historically been used to regulate the economy, with significant impacts on construction.
This is a variation on PEST analysis which is restricted to Political, Economic, Social, and Technological influences.
 Related articles on Designing Buildings Wiki
Featured articles and news
The Kremlin, the centre of Russian power, includes some of the country's finest architecture.
Report launched outlining steps for a national infrastructure system that is efficient, sustainable, and delivers until 2050.
A review of Justin Bere's concise and well-presented introductory guide to Passive House.
This article describes in detail the tender process for a typical commercial construction contract.
What is energy storage, what are the different types and what is its future?
MAD Architects reveal their designs for a state-of-the-art concert hall in Beijing.
Take a look at BIG's designs for two twisting towers in New York City.
'The filing cabinet' which was labelled one of the best British buildings of the 21st century.
ICE's Bridge Engineering exhibition opens, showcasing a record-breaking LEGO bridge.
London-based architect unveils designs for tallest building in Israel.