STEEPLE Analysis In A Nutshell

The STEEPLE analysis is a variation of the STEEP analysis. Where the step analysis comprises socio-cultural, technological, economic, environmental/ecological, and political factors as the base of the analysis. The STEEPLE analysis adds other two factors such as Legal and Ethical.
Understanding the STEEP Analysis
In addition, to the five factors comprised in the STEEP Analysis, the STEEPLE analysis comprises:
L standing for Legal: What government laws will impact the way of doing business? E standing for Ethical: Based on the current context and landscape what is perceived contextually to be good and bad as a business? STEEPLE vs. SWOT vs. PESTELThe STEEPLE analysis is a more comprehensive way to look at the current business context, compared to other frameworks such as SWOT and PESTEL.


Read Next: SWOT Analysis, Personal SWOT Analysis, TOWS Matrix, PESTEL Analysis, Porter’s Five Forces, TOWS Matrix, SOAR Analysis.
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Published on March 12, 2021 03:56
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