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2 strategies and tactics for Feasibility Study

What is Feasibility Study strategy?

Team success often hinges on the ability to develop and implement effective strategies and tactics. It's a bit like playing chess, except that you have more than 1 player on each side.

Developing an effective Feasibility Study strategy can be intimidating, especially when your daily duties demand your attention. To assist you, we've curated a list of examples to inspire your planning process.

Feel free to copy these examples into your favorite application, or leverage Tability to maintain accountability.

How to write your own Feasibility Study strategy with AI

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own strategies.

Feasibility Study strategy examples

You'll find below a list of Feasibility Study tactics. We also included action items for each template to make it more practical and useful.

Strategies and tactics for establishing a 10-Year Strategic Plan for HKMH Incorporated Land Group

  • ⛳️ Strategy 1: Empower economic growth for customary landowners

    • Conduct customary landowner workshops to understand their needs and goals
    • Develop a landownership equity scheme for HKMH ILG in commercial ventures
    • Facilitate access to development finance institutions
    • Initiate projects supported by international donors
    • Implement government grant writing training for community leaders
    • Reinvest 40% of profits into local social programmes
    • Establish a community trust fund for health, education, and infrastructure
    • Collaborate with stakeholders for equitable profit sharing
    • Develop monitoring and evaluation frameworks for economic projects
    • Launch campaigns on the benefits of economic empowerment

  • ⛳️ Strategy 2: Diversify and sustainably utilise natural resources

    • Conduct feasibility studies for agriculture and fisheries
    • Initiate organic certification processes for farms and processing
    • Develop supply chains for fishery and agriculture products
    • Establish community marine conservation zones
    • Partner with research institutions for R&D in renewables and agriculture
    • Launch education campaigns on sustainable practices
    • Integrate cultural heritage into eco-tourism planning
    • Create youth agri-cooperatives to promote agriculture involvement
    • Develop infrastructure for processing and value addition
    • Ensure compliance with environmental, social, and governance policies

  • ⛳️ Strategy 3: Enhance community participation and workforce development

    • Conduct regular community meetings to involve stakeholders
    • Implement local hiring priorities for present projects
    • Design annual youth upskilling programmes
    • Collaborate with educational institutions for workforce training
    • Create public awareness campaigns about development projects
    • Establish partnerships with local businesses for community projects
    • Launch mentoring programmes for young entrepreneurs
    • Incentivise local businesses that collaborate with community projects
    • Set up feedback mechanisms to improve project engagement
    • Implement digital tools for real-time monitoring and community feedback
sustainable-developmenteconomic-empowermentcommunity-leaderproject-managerdevelopment-teamfinance-team
Implement these strategies

Strategies and tactics for establishing a hydrographic department

  • ⛳️ Strategy 1: Conduct a feasibility study

    • Identify key objectives and benefits of the hydrographic department
    • Research best practices from similar organisations worldwide
    • Evaluate current hydrographic capabilities and gaps within SMSA
    • Assess financial and human resource requirements
    • Engage relevant stakeholders for input and feedback
    • Analyse potential risks and mitigation strategies
    • Prepare a comprehensive feasibility report for decision-making
    • Seek approval from the SMSA board for the feasibility study
    • Develop a communication plan to share findings with stakeholders
    • Set a timeline for the implementation of recommendations

  • ⛳️ Strategy 2: Secure funding and resources

    • Identify potential funding sources including government grants and partnerships
    • Develop a detailed budget plan outlining necessary expenses
    • Prepare grant applications and funding proposals
    • Create a resource allocation plan for human and material needs
    • Engage with local and international partners for resource sharing
    • Set up a fundraising team to explore additional financial opportunities
    • Negotiate with vendors for equipment and technology procurement
    • Ensure compliance with financial regulations and reporting requirements
    • Evaluate and track use of funds to maintain financial integrity
    • Schedule regular funding reviews to assess and secure resources

  • ⛳️ Strategy 3: Build organisational structure and capabilities

    • Define roles and responsibilities within the hydrographic department
    • Recruit specialised personnel with expertise in hydrography
    • Develop training programmes to enhance staff capabilities
    • Establish collaborative partnerships with educational institutions
    • Invest in hydrographic data collection and management tools
    • Create standard operating procedures for departmental operations
    • Set key performance indicators to measure department performance
    • Implement a quality assurance programme for hydrographic output
    • Launch a knowledge-sharing platform for continuous improvement
    • Host workshops and seminars to promote hydrographic awareness
feasibility-studyresource-allocationproject-managerfinancial-analystfundraising-teamrecruitment-team
Implement these strategies

How to track your Feasibility Study strategies and tactics

Having a plan is one thing, sticking to it is another.

Setting good strategies is only the first challenge. The hard part is to avoid distractions and make sure that you commit to the plan. A simple weekly ritual will greatly increase the chances of success.

A tool like Tability can also help you by combining AI and goal-setting to keep you on track.

More strategies recently published

We have more templates to help you draft your team goals and OKRs.

Planning resources

OKRs are a great way to translate strategies into measurable goals. Here are a list of resources to help you adopt the OKR framework:

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