A key tool utilized by strategic Human Resources professionals is known as a PEST analysis (political, economic, social, and technological). This tool provides a framework to think about over-arching macro-environmental factors. These factors impact the organization, the Human Resources Department/Division, and, ultimately, the employees. This acronym has recently been broadened to PESTLE to include legal and ecological (i.e., climate, weather) considerations. All six macro-environmental factors are clearly interrelated and important.
For this Discussion, review this weekâ€™s Learning Resources. Consider how easily an organizationâ€™s strategy can be influenced by a PESTLE analysis.
Write your analysis of which one or two macro-environmental factors are most likely to impact or challenge the strategies of an organizationâ€™s Annual Human Resources Operating Plan and why. Be specific in your analysis and bring concrete examples into the Discussion.
I have included some resources to assist with this assignment.