# pestel-analysis-prompt-template.md
# PESTEL Analysis Prompt Template
## Overview
- **Project/Product Name**: [The name of the project or product under analysis.]
- **Analysis Purpose**: [The specific goal or reason for conducting this PESTEL analysis.]
- **Analyst**: [The name of the person or team conducting the analysis.]
- **Date**: [The date the analysis is performed.]
## 1. Political Factors
- **Government Policies**: [Identify and analyze how government policies could impact the project/product.]
- **Political Stability**: [Assess the impact of the political stability in the regions relevant to the project/product.]
- **Trade Regulations**: [Examine trade regulations and their potential effect on the project/product.]
- **Taxation Policy**: [Analyze the taxation policies and their implications for the project/product.]
## 2. Economic Factors
- **Economic Growth**: [Evaluate the economic growth rates and their potential impact on the project/product.]
- **Inflation Rate**: [Consider the inflation rates and their effect on pricing and costs.]
- **Exchange Rates**: [Analyze how exchange rate fluctuations could affect the project/product.]
- **Consumer Spending**: [Assess the level of consumer spending and its influence on the project/product.]
## 3. Social Factors
- **Demographics**: [Examine the demographics and how they may influence the project/product's market.]
- **Cultural Trends**: [Analyze current cultural trends and their potential impact on demand.]
- **Lifestyle Changes**: [Consider lifestyle changes and their implications for the project/product.]
- **Consumer Attitudes**: [Assess consumer attitudes and behaviors and how they might affect the project/product.]
## 4. Technological Factors
- **Technological Advancements**: [Identify technological advancements and their potential to impact the project/product.]
- **R&D Activity**: [Evaluate the sector's level of research and development and its influence.]
- **Automation**: [Assess the role of automation and its implications for efficiency and costs.]
- **Digital Transformation**: [Consider how digital transformation trends could affect the project/product.]
## 5. Environmental Factors
- **Climate Change**: [Analyze the implications of climate change for the project/product.]
- **Sustainability Practices**: [Evaluate the impact of sustainability practices on operations and market positioning.]
- **Resource Scarcity**: [Assess the risk and impact of resource scarcity.]
- **Environmental Regulations**: [Examine environmental regulations and their potential effects on the project/product.]
## 6. Legal Factors
- **Compliance Requirements**: [Identify legal and compliance requirements relevant to the project/product.]
- **Intellectual Property Rights**: [Evaluate the importance of intellectual property rights and their protection.]
- **Employment Laws**: [Consider employment laws and their implications for labor practices.]
- **Health and Safety Regulations**: [Assess health and safety regulations and their impact on operations.]
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*This prompt is adapted from [Product Manager Prompts](https://github.com/deanpeters/product-manager-prompts) by Dean Peters (MIT License).*