feasibility

Examples of feasibility in the following topics:

• Making Strategy Effective

  • Feasibility is concerned with whether or not the organization has the resources required to implement the strategy (such as capital, people, time, market access, and expertise).
  • One method of analyzing feasibility is to conduct a break-even analysis, which identifies if there are inputs to generate outputs and consumer demand to cover the costs involved.
  • A firm may perform a break-even analysis to determine if a strategy is feasible.

• Planning a Project

  • Initiation: The initiation stage includes generating the idea, assessing the feasibility and profitability of the project, conceptualizing the operational benefits and the bottom line, and getting approval and resources.
  • This step-by-step process highlights each feasible stage in the project-management cycle.

• Building Support for Intrapreneurship

  • One useful way to integrate stakeholders and speak the language of upper management is to numerically demonstrate that a new idea is financially and strategically feasible.

• The Impact of External and Internal Factors on Strategy

  • Consider the size, market share, branding strategy, quality, and strategy of all competitors to ensure a given organization can feasibly enter the market.
  • Integrating this into a strategy ensures feasibility.

• Measuring Organizational Performance

  • They must consistently monitor operations to ensure feasibility and provide guidance to get failing operations back on track.

• Sourcing Technology

  • Technology develops through a series of stages: basic technology research, research to prove feasibility, technology development, technology demonstration, system/subsystem development, and system test, launch & operations.

• Setting Objectives

  • Strategy is an ongoing process that develops both long-term and short-term objectives at the strategic and operational levels, establishes and/or modifies the organizational hierarchy to manage operational processes, and determines the suitability, feasibility and acceptability of the strategy

• Break-Even Analysis

  • BEP, in this sense, is a feasibility model for either continuing an existing operation or opening a new one.

• Flaws in the Classical Perspectives

  • Using metrics to examine specific employee behavior may be feasible in a smaller organization pursuing homoegeneous tasks, but it becomes more difficult when trying to accomplish this at an organization that has hundreds of employees pursuing various complex functions.

• Overview of Strategic Planning Tools

  • Strategists have developed a large array of tools useful in the assessment of strategic planning, all of which provide unique insights into the feasibility and profitability of a given operational project.