STEEP◢ Analysis

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The STEEP analysis ("STEEP + change analysis") is a method for environmental scanning and analyzing an organization’s external environment. STEEP is an acronym standing for Social, Technological, Economic, Environmental, and Political categories that represent the external environment of an organization.

The objective of the STEEP analysis is to understand trends and changes that are occurring in the external environment. The("+change") emphasizes the changing nature.

Application areas:

  • For strategic planning in organizations, to assess external factors that may impact them

  • To assess potential future trends and changes

  • To assess the effect on the market when launching a new product for example through evaluating the social, technological, economic, environmental, and political factors

Detailed instructions for conducting a STEEP◢ analysis and using the template can be found on the board including a rich example. 

Categories

CEIR | Center for Enterprise Information Research image
CEIR | Center for Enterprise Information Research
Academic Research Group@CEIR | Center for Enterprise Information Research
CEIR's long-term research programme is focused on the design of the digital workplace and the use of enterprise collaborative technologies to support work processes and work practices.
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