PESTEL Analysis of Education Industry

PESTEL Analysis of Education Industry 10/12/2015 by: admin admin in:  in: Academic Sample Papers Comments Off

PESTEL Analysis of Education Industry PESTLE analysis is an important tool in te ed!c ational sector as it ma"es it possible to impro#e te process of decision ma"in$% Tis is especially tr!e if yo! ta"e into consideration &orld demands are can$in$ and tere is a need to ens!re ed!cation matces !p to tese can$in$ needs% 't also elps foc!s on o n te bi$$er pict!re of f!t!re ed!cation% ed!ca tion% 'n te ed!cation sector( tis analysis also ma"es it possible to determine en#ironment can$es tat mi$t impact te plannin$( mana$ement and f!t!re financin$ of te ind!stry% Te follo&in$ is an o!tline of te political( economic( social( tecnolo$y and en#ironment factors tat affect and infl!ence te ed!cation ind!stry% Political factors •

Pri#ati)ation of scools

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Can$es in s"ills needed for one to become a t!tor or teacer 

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Te e*pectations to become self financin$

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+o#ernment initiati#es tat create ris" of te ind!stry failin$

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C!rric!l!m can$es tat come &it sorter lead times

Economic factors •

Cost of reso!rces s!c as boo"s or papers( pap ers( teacin$ and s!pport staff and tecnolo$y sol!tions s!c as laptops etc

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,aterial sorta$e on international and national mar"ets

•

-is" of i$ #al!ed staff members mo#in$ from te lo& performin$ scools/instit!tions to i$ performin$ ones

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Parents ability to raise f!nds needed for optional acti#ities

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Local ind!stry clos!re can affect te ind!stry.s f!nd raisin$ plans

•

Local or central $o#ernment f!ndin$ decisions can affect te $enera performance of te ind!stry

Social factors •

irt rate decline &ic reflects national trends

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Can$es in te local pop!lation% Tis can eiter be an increase or decrease in te n!mbers%

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'nability for te ind!stry to attract !alified staff 

•

Parental preference as increased te tendency of parents to coose &ic scools teir cildren are $oin$ to attend%

•

emo$rapic can$es can affect p!pil rolls or nat!re of te needs of st!dents

•

'nability of te staff to ac!ire or access trainin$ tat is needed to ens!re te ind!stry contin!es to flo!ris%

Technological factors •

Sift from paper based to eboo" readers%

•

O!t of date comp!ter ard&are

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 3e& comp!ter #ir!ses tat affect te operations of te ind!stry

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-is" of coosin$ te inappropriate tecnolo$y

•

Can$e to e!ipment or standards re!ired

•

ist!rbin$/ille$al ima$es on te internet tat affect sec!rity meas!res

Legislative factors •

 3e& le$islation tat creates noncompliance &it la& and also creates administrati#e  b!rdens

•

Cild protection can$es

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-aise in te a$e of tose lea#in$ scool

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Lo&erin$ or raise of a$e startin$ a$e

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Can$e in te openin$ o!rs of scools

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Safety and ealt le$islation

Environmental factors •

-ed!ction in $reen space tat is a#ailed for acti#ities

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4se of !$e amo!nts of potocopier toner and paper to deli#er printed information

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 3e& de#elopments tat pose a treat to st!dents in te ind!stry

•

isposal of &aste

•

Can$es in te local b!s ro!tes

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