environmental analysis

Definition

A process for identifying all external and internal elements that can affect the performance of the organization and evaluating the level of threat or opportunity they present. Opportunity and threat assessments are then incorporated into decision making process in order to better align strategies with the organization's environment.

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Harry didn't care if others considered him too cautious; he wasn't making any big decisions until he heard the environmental analysis was complete and the results were ready.

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I wanted to start a food truck but after doing an environmental analysis assessing both the opportunities and threats that we would immediately face, I realized that DC is extremely oversaturated with food trucks and that my chance of failure was very high.

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ABC Corp. issued a survey and found out that many people within the organization were unhappy with their jobs so they decided to conduct an environmental analysis to see if any more issues were plaguing performance.

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