Purposes of Feasibility Studies

1
Purposes of Feasibility Studies

• To determine if change would improve company
  operations
• To make information available for change

2
Possible Areas for Feasibility Studies Within an
Organization

• Time
• Cost
• Equipment
• Tasks
• Personnel expertise

3
Warning Signs that a Feasibility Study is Needed

• Decrease in productivity
• Unavailability of information
• Unequal workloads
• Budget control
• Compatibility
• New structures and/or new systems influenced by
  technology

4
Warning Signs (continued)

• Coordination of workflow, staff, equipment, and
  policies

5
Top Management Approval
6
Management Approval

• Must give approval for feasibility study
• Must approve communication with employees
• Will provide authority to access needed
  information
• Open doors for cooperation by employees

7
Resistance to Change
Employees are afraid of losing their jobs. They
dont want to learn new procedures. This might
change the structure of the company which in turn
would change who their supervisors might be.
8
What do you believe are the steps for conducting
a Feasibility Study?
9
Conducting a Feasibility Study

• Planning the study
• Collecting the data
• Analyzing the data
• Writing the report
• Presenting the report

10
Planning

• Set specific objectives
• identify the hardware in use
• establish the hardware efficiency
• Select personnel to conduct study
• inhouse staff
• consultant
• vendor

11
Planning (continued)

• Schedule the study
• Orient individuals involved
• Prepare forms for data collection

12
Collecting Data

• Interviews
• Questionnaires
• Group Meetings

13
Analyzing the Data

• Reduce raw data into meaningful form
• Develop categories
• Means, medians, modes, factor analysis,
  percentages

14
Writing the Report

• Yes, need to make a change
• No, need to stay at status quo

15
Writing the Report

• Reason for doing the study
• Personnel involved
• Description of how study was conducted
• Summary of statistics gathered--in narrative and
  table/figure formats
• Conclusions drawn from data
• Recommendation for top management

16
Writing the Report

• Show how the organization will benefit from the
  change
• Show cost benefits
• Show efficiency benefits
• Show morale improvements

17
Presenting the Report

• Tell them what you are going to talk about
• Tell them with detail
• Tell them what you told them