TOFEDU: The Future of Education Journal
Vol 5 No 2 (2026)

Analyzing the External Environment in Business Strategy: PESTEL, Porter’s Five Forces, and the Identification of Opportunities and Threats

Kurnia, Liza Isma (Unknown)
Angela, Etria Marsa (Unknown)
Kurniawati, Wiza (Unknown)
Andriani, Tuti (Unknown)
Waluyo, A. Budi (Unknown)
Alfarizi , M Hazel (Unknown)
Kuswanto, Kuswanto (Unknown)
Soleh , Ahmad (Unknown)
Wahyuni , Sri (Unknown)



Article Info

Publish Date
19 May 2026

Abstract

Rapid changes in the global economy and technological disruption require companies to continuously adapt to a dynamic external environment. This article aims to comprehensively examine the use of PESTEL, Porter’s Five Forces, and SWOT methods in business strategy analysis in Indonesia over the last five years. Using a Systematic Literature Review (SLR) approach, articles published between 2021 and 2026 were collected from Google Scholar, SINTA, and Garuda databases, with a total of 25 articles analyzed. The main findings of this review indicate that although PESTEL, Porter’s Five Forces, and SWOT remain relevant, these methods are often applied separately without adequate integration. This study highlights the need for a more holistic and integrative approach in analyzing external factors that influence business strategies. The article suggests that companies should combine these three methods to obtain a more comprehensive perspective and achieve sustainable competitive advantage.

Copyrights © 2026






Journal Info

Abbrev

journal

Publisher

Subject

Education Languange, Linguistic, Communication & Media Mathematics Other

Description

TOFEDU Journal is a scientific journal related to research results, conceptual studies, critical/comprehensive studies in the field of education. The results of the work of the researchers are expected to make a positive contribution in the field of education in order to achieve equitable, inclusive ...