Once suitability is determined, you can assess feasibility one tool you can use to do this is the 6m model (money, machinery, manpower, markets, materials, and makeup) if resources and personnel are appropriate, the final assessment is acceptability. What criteria should be used for evaluating proposed plans (coa) based on seven criteria: acceptability, adequacy, completeness, distinguishability, feasibility, suitability and variety ideally multiple analysts/planners would rate each proposed plan on each of these seven criteria.
Acceptability: alongside suitability and feasibility is the third criterion, acceptability this can be a difficult area, since acceptability is strongly related to people's expectations , and therefore the issue of ‘acceptable to whom’ requires the analysis to be thought through carefully.
Feasibility feasibility is concerned with the resources required to implement the strategy are available, can be developed or obtained resources include funding , people , time and information. Strategic choice – johnson and scholes suitability, feasibility, and acceptability model (relevant to paper p3) page 16 learning centre news update.
Suitability is usually assessed in a number of different criteria that is specifically important to the business or company such as environmental suitability, expectation suitability and capability suitability. Het sfa-model staat voor drie verschillende invalshoeken die gebruikt worden om deze strategische opties te meten suitability, feasibility en acceptability wat is het sfa-model het sfa-model wordt gebruikt om strategische opties te toetsen en tegen elkaar af te wegen. One such criteria, defined by johnson et al, (2008), is to assess strategy options on their suitability, feasibility and acceptability (sfa) suitability it analyzes an organization’s position first and then changes in the environment and assesses the fit between these keeping in view the organizational goal (expectation of stakeholders.
Acceptability is concerned with the expectations of the identified stakeholders (mainly shareholders, employees and customers) with the expected performance outcomes, which can be return, risk and stakeholder reactions. By using the theory to break a strategy into its component parts art lykke argued any strategy can be examined for suitability, feasibility, and acceptability, and, an assessment made of the proper balance among the component parts.
Criteria: suitability, feasibility, and acceptability suitability refers to the overall rationale of the strategy and its fit with the organization's mission feasibility refers to whether or not the organization has the resources necessary to implement the strategy. Towards a theory of strategy: by using the theory to break a strategy into its component parts art lykke argued any strategy can be examined for suitability, feasibility, and acceptability, and, an assessment made of the proper balance among the component parts in addition, his lecturing and presentations have led to the adoption of the. The topic ‘suitability acceptability and feasibility ,when evaluating the option’ is closed to new replies.