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Strategic Management

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Strategic Management

Chris Jeffs

Pub. date: 2008 | Online Pub. Date: May 31, 2012 | DOI:http://dx.doi.org/10.4135/9781446216446 | Print ISBN: 9781412947695 | Online ISBN: 9781446216446 | Publisher:SAGE Publications Ltd

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Chapter 2.14: Suitability, Feasibility and Acceptability (SFA) of the Strategy

Suitability, feasibility and acceptability (SFA) of the strategy We have completed our strategic analysis and by using the SWOT tool have identified a small number of strategic options that would benefit the organisation if implemented. However, an organisation rarely has the resources to implement all the required strategies simultaneously and if it did, it may still not be the best solution. Hence, a process of rationalisation needs to take place in order to evaluate the importance and likely success of each of the strategies. There are many processes that may be followed, but one of the simplest evaluates the Suitability, Feasibility and Acceptability (SFA) of the proposed strategies. Suitability acts as a reassurance that the proposed strategy addresses the key issues that have been identified in the SWOT analysis. It broadly asks ‘Does the strategy make sense?’ The evaluation of this has largely been completed by the previous strategic Feasibility ...

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