Feasibility (strategy)
Feasibility assesses whether an organisation can implement and sustain a strategic option with the resources and capabilities available or realistically obtainable. Relevant considerations include finance, people, expertise, operational capacity, systems, time and access to necessary partners or permissions. The assessment tests assumptions and dependencies rather than treating a desirable option as automatically achievable.
Worked example
A company proposes international expansion within six months but lacks local distribution and regulatory expertise. Its feasibility review tests whether partners and approvals can realistically be secured within that period and whether sufficient cash is available.
Common mistake
Having enough initial funding does not prove feasibility. Check operational capability, ongoing resource needs and the implementation timetable.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | SBL | Direct | September 2026–June 2027 |