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Organizational Feasibility

The document assesses the organizational feasibility of a new business venture. It analyzes management prowess, available resources, and concludes that while office space and support personnel are available, more experienced industry and technical experts should be brought in to improve feasibility.

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Norlyne Jane Escabusa
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151 views

Organizational Feasibility

The document assesses the organizational feasibility of a new business venture. It analyzes management prowess, available resources, and concludes that while office space and support personnel are available, more experienced industry and technical experts should be brought in to improve feasibility.

Uploaded by

Norlyne Jane Escabusa
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Organizational

 Feasibility  
 
Management  Prowess  Assessment  Tool:    
1. Passion  for  business  idea:  High  
2. Relevant  industry  experience:  None  
3. Prior  entrepreneurial  experience:  None  
4. Depth  of  professional  and  social  networks:  Moderate  
5. Creativity  among  management  team  members:  High  
6. Experience  and  expertise  in  cash  flow  management:  None  
7. College  graduate:  Graduated  or  are  currently  in  college  
 
Nonfinancial  Resources:    
-­‐ Shawn  Baron:  Has  developed  several  applications  in  past,  as  well  as  started  
several  successful  businesses    
-­‐ Computer  science  majors,  graduates,  or  professors  at  ASU  would  be  able  to  
help  develop  application  
-­‐ Bianca  Gonzales:  Graduate  from  Northern  Arizona  University  with  a  degree  
in  marketing  and  finance  
-­‐ Know  many  people  in  music  industry  that  would  use  the  application  and  
promote  it  through  their  use  
-­‐ Small  office  space  available  already  available  to  run  business  out  of    
-­‐ Tim  Boris:  Entertainment  lawyer  and  music  business  teacher  at  Santa  
Barbara  City  college.    
Resource  Sufficiency  Assessment  Tool:  
1. Office  Space:  1  
2. Lab  space,  manufacturing  space,  or  space  to  launch  service  business:  5  
3. Contract  manufacturers  or  outsource  providers:  2  
4. Key  management  employees:  1  
5. Key  support  personnel:  2  
6. Key  equipment  needed  to  operate  the  business:  1  
7. Ability  to  obtain  intellectual  property  protection  on  key  aspects  of  the  
business:  2  
8. Support  of  local  and  state  government  if  applicable  for  business  launch:  5  
9. Ability  to  form  favorable  business  partnerships:  1  
 
-­‐ Proximity  to  similar  firms:  Neutral  
-­‐ Proximity  to  suppliers:  Strong  
-­‐ Proximity  to  customers:  Strong  
-­‐ Proximity  to  a  major  research  university:  strong  
 
Conclusion:    
A. Management  Prowess:  Management  prowess  overall  has  low  potential  based  
on  this  assessment.  Lack  of  personal  experience  in  entrepreneurial  ventures  
makes  it  difficult  to  have  high  potential  in  this  area.  However  I  feel  I  am  able  
to  make  connections  quickly  and  learn  quickly  which  overall  will  benefit  the  
company  as  well  as  myself.  Also  since  I  have  already  graduated  from  a  junior  
college  and  attend  a  university  there  are  large  networks  of  graduates  and  
professionals  that  would  be  available  to  reach  out  to.  
B. Resource  Sufficiency:  Resources  such  as  office  space  as  well  as  managerial  
and  legal  team  are  readily  available.  Since  this  is  a  technology  based  venture  
minimal  office  and  lab  space  are  required.    
C. Organizational  Feasibility:    Unsure  
D. Suggestions  for  improving  organizational  feasibility:  Need  to  bring  in  people  
with  more  experience  in  the  industry  and  with  technology.  Also  need  to  
concentrate  on  expanding  professional  networks.  I  also  need  to  find  someone  
reliable  to  write  code  for  this  venture.  ****  need  to  find  new  name,  upon  
further  research  found  out  this  name  was  already  copyrighted.    
 

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