Reflect upon how the PESTEL tool could be used within an organization.What benefit could you see for its use within your organization?

Journal 
Instructions
Reflect upon how the PESTEL tool could be used within an organization. What benefit could you see for its use within your organization? How would it affect strategic planning? What world events might impact the PESTEL?
Entry must be at least 200 words in length. No references or citations are necessary.