A PESTEL analysis is a strategic management framework used to examine the external macro-environmental factors that can impact an organization or industry. PESTLE analysis is a strategic planning tool that evaluates how Political, Economic, Social, Technological, Legal and Environmental factors affect a business or an organization. Learn the meaning, purpose, method and application of PESTLE analysis with a free template and examples. Learn how to use PESTEL analysis , a strategic framework that evaluates the external factors affecting your business. Explore the six components of PESTEL (Political, Economic, Social, Technological, Environmental, and Legal) and see examples of each. Our PESTLE analysis examples help explain how the PESTLE factors (political, economic, social, technological, legal, environmental) affect businesses and industries.