Assessing External Risks to a Resilient Workforce - Employee Well-being Exchange
A PESTEL analysis is a strategic tool that organizations can use to assess and consider external factors that may impact their operations. The acronym stands for Political, Economic, Social, Technological, Environmental, and Legal factors. By integrating insights from a PESTEL analysis into organizational strategies, companies can enhance workforce resiliency and agility. This includes:
- Proactive planning: Anticipate changes in the external environment and create contingency plans to adapt swiftly or develop communication strategies to handle crises and controversial issues
- Flexible policies: Develop policies that can accommodate changes driven by external factors, ensuring agility in response to shifting conditions
- Continuous learning: Provide employees with ongoing training and development opportunities to enhance adaptability in the face of technological and environmental changes
- Employee support programs: Implement programs that support mental and physical well-being, recognizing the impact of external factors on employee stress and resilience
Members are invited to apply PESTEL analysis to their organizations and share strategies and current opportunities to enhance employee happiness, health, and productivity, while ensuring resilience and agility in the face of external challenges.
Takeaways:
- Explore a powerful tool for proactive planning
- Examples of organizational agility to accommodate shifts driven by external factors
- Current opportunities to enhance employee happiness, health, and productivity
Looking for inspiration before our meeting? Check out these i4cp resources:
- The 3 A’s of Organizational Agility
- How to Decide What to Say in Times of Crisis
- Your Company’s Stance on Controversial Issues Matters
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