This article provides a detailed response to: What Is STEEPLE Analysis? [Complete Guide] How It Helps Companies Adapt to Remote Work For a comprehensive understanding of STEEPLE, we also include relevant case studies for further reading and links to STEEPLE templates.
TLDR STEEPLE analysis guides companies to adapt to remote work by evaluating 7 factors: (1) Social, (2) Technological, (3) Economic, (4) Environmental, (5) Political, (6) Legal, and (7) Ethical considerations.
TABLE OF CONTENTS
Overview Social Factors Technological Factors Economic Factors STEEPLE Templates STEEPLE Case Studies Related Questions
All Recommended Topics
Before we begin, let's review some important management concepts, as they relate to this question.
STEEPLE analysis, which stands for Social, Technological, Economic, Environmental, Political, Legal, and Ethical factors, is a strategic framework that helps companies adapt to the growing shift towards remote work and digital nomadism. This analysis enables organizations to systematically evaluate external macro-environmental influences affecting their workforce strategies and operational models. According to recent McKinsey research, over 70% of companies plan to expand remote work post-pandemic, making STEEPLE a vital tool for navigating this transition effectively.
By examining each of the 7 STEEPLE factors, companies can identify emerging opportunities and risks linked to remote work environments. For example, technological advancements like cloud computing and cybersecurity shape remote capabilities, while political and legal factors influence compliance with cross-border labor laws. Leading consulting firms such as BCG and Deloitte emphasize STEEPLE’s value in aligning business models with evolving workforce trends, ensuring resilience and agility in a digital-first world.
Focusing first on the Social factor, companies must assess workforce demographics, employee well-being, and cultural shifts toward flexible work. For instance, PwC reports that 55% of employees prefer hybrid work models, highlighting the need for policies that support work-life balance and inclusivity. Applying STEEPLE analysis helps executives design targeted strategies—such as remote onboarding programs and digital collaboration tools—that enhance productivity and employee engagement in distributed teams.
Social Factors
The transition to remote work and digital nomadism is heavily influenced by social factors, including changing workforce demographics, attitudes towards work-life balance, and the increasing value placed on flexibility. A report by Gallup highlighted that the desire for work-from-home opportunities is particularly strong among younger employees, with many citing better work-life balance as a key benefit. Organizations can leverage this insight by creating policies that promote flexibility, thereby attracting and retaining talent. Additionally, investing in community-building activities and tools that foster collaboration and a sense of belonging among remote teams can address the potential isolation associated with remote work.
Furthermore, the rise of digital nomadism reflects a broader societal shift towards valuing experiences over material possessions. Organizations can adapt to this trend by offering roles that are not just remote but also flexible in terms of working hours, thus accommodating the lifestyle of digital nomads. This could involve implementing asynchronous work policies or offering positions that are project-based rather than strictly 9-to-5.
Lastly, social factors also encompass the increasing importance of corporate social responsibility (CSR) and diversity, equity, and inclusion (DEI). Organizations that promote these values, especially in their remote work policies, are likely to be more attractive to a socially conscious workforce. This could include initiatives that support environmental sustainability or community engagement projects that remote employees can participate in, regardless of their location.
Technological Factors
Technological advancements are at the heart of the shift towards remote work and digital nomadism. The availability of high-speed internet, cloud computing, and collaborative tools has made it feasible for many tasks to be performed from anywhere in the world. Organizations must continuously invest in the latest technology to support remote work effectively. This includes secure virtual private networks (VPNs), collaboration platforms, and project management tools. A study by McKinsey emphasized the importance of digital tools in enhancing productivity and fostering innovation among remote teams.
In addition to adopting new technologies, organizations must also focus on digital literacy and training for their employees. As the technological landscape evolves, ensuring that all team members are proficient in using digital tools is crucial for maintaining operational efficiency. This could involve regular training sessions, access to online courses, and creating a culture that encourages continuous learning.
Moreover, cybersecurity becomes a paramount concern with the increase in remote work. Organizations must implement robust security measures to protect sensitive data and comply with data protection regulations. This includes regular security audits, the use of multi-factor authentication, and educating employees about cybersecurity best practices.
Economic Factors
The economic implications of remote work and digital nomadism are multifaceted. On one hand, organizations can realize significant cost savings by reducing the need for physical office space and related expenses. A report by Global Workplace Analytics estimated that organizations can save an average of $11,000 per half-time telecommuter per year. These savings can be redirected towards technology investments, employee development, or expansion initiatives.
However, the shift also presents challenges, such as the potential impact on local economies that rely heavily on office-based workers. Organizations can mitigate these effects by supporting local businesses through corporate partnerships or employee discount programs. Additionally, the global talent pool accessible through remote work arrangements allows organizations to tap into diverse skill sets and perspectives, potentially driving innovation and competitive advantage.
Economic factors also include considerations related to compensation and benefits for remote employees. Organizations must navigate varying cost of living adjustments, tax implications, and compliance with labor laws across different jurisdictions. Developing clear policies on these issues, possibly with the assistance of legal and financial advisors, is essential for successful remote work implementation.
STEEPLE Document Resources
Here are templates, frameworks, and toolkits relevant to STEEPLE from the Flevy Marketplace. View all our STEEPLE templates here.
Explore all of our templates in: STEEPLE
STEEPLE Case Studies
For a practical understanding of STEEPLE, take a look at these case studies.
PESTEL Analysis for Maritime Shipping Industry Case Study 2024
Scenario:
A maritime shipping company operating in Atlantic trade lanes faces challenges adapting to global trade policies, environmental regulations, and economic shifts impacting the logistics shipping industry.
PESTEL Analysis for Luxury Brand Expansion in Emerging Asian Markets
Scenario: A high end luxury goods manufacturer is pursuing expansion in Asia, attracted by a fast growing affluent consumer base but constrained by meaningful market entry complexity.
PESTEL Analysis Case Study: Global Life Sciences Firm
Scenario:
The global life sciences firm specializes in pharmaceutical product development with operations across diverse geopolitical landscapes.
PESTLE Analysis Case Study: Digital Transformation in Entertainment Industry
Scenario:
A leading entertainment company operating a large chain of theaters across North America faces declining attendance and revenue margins.
PESTLE Analysis of Europe: Luxury Fashion Brand Case Study
Scenario:
A European luxury fashion brand is facing stagnation amid fluctuating market dynamics driven by geopolitical tensions, evolving consumer behavior, and regulatory changes across Europe.
PESTEL Case Study: Power & Utilities Sector Transformation
Scenario:
A regional power and utilities provider faced regulatory pressures, technological disruption, and evolving consumer expectations amid a renewable energy transition.
Explore all Flevy Management Case Studies
Related Questions
Here are our additional questions you may be interested in.
Strategy & Operations, Digital Transformation, Management Consulting
This Q&A article was reviewed by David Tang. David is the CEO and Founder of Flevy. Prior to Flevy, David worked as a management consultant for 8 years, where he served clients in North America, EMEA, and APAC. He graduated from Cornell with a BS in Electrical Engineering and MEng in Management.
It is licensed under CC BY 4.0. You're free to share and adapt with attribution. To cite this article, please use:
Source: "What Is STEEPLE Analysis? [Complete Guide] How It Helps Companies Adapt to Remote Work," Flevy Management Insights, David Tang, 2026
Flevy is the world's largest marketplace of business templates & consulting frameworks.
Leverage the Experience of Experts.
Find documents of the same caliber as those used by top-tier consulting firms, like McKinsey, BCG, Bain, Deloitte, Accenture.
Download Immediately and Use.
Our PowerPoint presentations, Excel workbooks, and Word documents are completely customizable, including rebrandable.
Save Time, Effort, and Money.
Save yourself and your employees countless hours. Use that time to work on more value-added and fulfilling activities.
- Strategy & Transformation
- Strategic Planning Templates
- Performance Management Templates
- Growth Strategy Templates
- Strategy Development Templates
- Pricing Strategy Templates
- BDP Templates
- M&A (Mergers & Acquisitions) Templates
- Core Competencies Templates
- Marketing Plan Development Templates
- Innovation Management Templates
- Operational Excellence
- Operational Excellence Templates
- Project Management Templates
- Cost Reduction Assessment Templates
- Supply Chain Management Templates
- Process Improvement Templates
- Lean Management Templates
- Post-merger Integration Templates
- Risk Management Templates
- Balanced Scorecard Templates
- Visual Workplace Templates
- Organization, Change, & HR
- Change Management Templates
- Organizational Design Templates
- HR Strategy Templates
- Leadership Templates
- Corporate Culture Templates
- Employee Training Templates
- Effective Communication Templates
- Employee Engagement Templates
- Team Management Templates
- Decision Making Templates
- Other Management Topics
- Business Plan Financial Model Templates
- Digital Transformation Templates
- Presentation Delivery Templates
- Artificial Intelligence Templates
- Financial Management Templates
- Customer Experience Templates
- Information Technology Templates
- McKinsey Presentations
- Pitch Deck Templates
- View All Available Topics
