MODULE 4

FEASIBILITY STUDY

SESSION TOPIC 4: Organization and Management Aspect

LEARNING OUTCOMES:
The following specific learning objectives are expected to be realized at the end of the session:
1. Understand the areas covered by feasibility study
2. Understand the different aspects of organization and management
3. Understand the different management styles
4. Understand the officers and key personnel in business

KEY POINTS

DTI SEC Municipal/City Barangay

BIR SSS DOLE PhilHealth

CORE CONTENT
Introduction:

In this module, the student will be equipped in writing the second chapter of a feasibility study.

IN-TEXT ACTIVITY

Areas Covered by Feasibility Study

1. Legal and Taxation Aspect
2. Management Aspect
3. Economic (Marketing) Aspect
4. Technical Feasibility
5. Social Desirability
6. Financial Aspect

ORGANIZATION AND MANAGEMENT ASPECT

 Form of ownership
 Management style
 A study of the officers and key personnel
 Organizational chart
 Project schedule

Management Styles
 The unique style of handling the employees
 The ways of dealing with the subordinates at work

Types of Management Style

 Autocratic
 Paternalistic
 Democratic
 Laissez-faire
 Management by walking around (MBWA)
 Others
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Paternalistic Style of Working
 In paternalistic style of working, the leaders decide what is best for the employees as well as the organization
 Policies are devised to benefit the employees and the organization
 The suggestions and feedback of the subordinates are taken into consideration before deciding something
 In such a style of working, employees feel attached and loyal towards their organization
 Employees stay motivated and enjoy their work rather than treating it as a burden

Democratic Style of Working

 Superiors welcome the feedback of the subordinates
 In an open forum to discuss the pros and cons of plans and ideas, employees are invited
 Effective and healthy communication between the management and the employees are ensured by democratic
style of working
 Before finalizing on something, the superiors listen to what the employees have to say

Laissez-Faire Style of Working

 Managers are employed just for the sake of it and do not contribute much to the organization
 The employees manage work on their own and take decisions
 Individuals who have the dream of making it big in the organization and desire to do something innovative every
time outshine others who attend office for run
 Employees know what is right or wrong for them and are not dependent on the managers

Management by Walking Around Style of Working

 Managers treat themselves as an essential part of the team and are efficient listeners
 To find out their concerns and suggestions, the superiors interact with the employees more often
 Whenever needed, the leader is more of a mentor to its employees and guides them
 The managers walk around to find out what is happening around them

A STUDY OF THE OFFICERS AND KEY PERSONNEL

What is Authority?
 Authority is the right to perform or command
 It allows its holder to act in certain designated ways and to directly influence the actions of others through others.
1. Line Authority
2. Staff Authority

Line Authority
 The right to command immediate subordinates in the change of command
 An activity that contributes directly to profit generation

Staff Authority
 The right to advise but not to command others
 An activity that supports profit generation

Organizational Chart – is a diagram that shows the structure of an organization and the relationships and relative ranks
of its parts and positions/jobs.

2.1 Business Profile

 Business name
 Types of business organization
 The incorporators
 Management style
 Mission statement
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  Vision
 Our Values

2.2 Organizational Structure

 Job description and qualification

2.3 Organizational Chart

2.4 Business Policy / Regulation

 Hiring policy
 Performance evaluation policy
 Work schedules policy
 Promotion policy
 Outsourcing services policy
 Contracts and confidentiality agreements
 Attendance policy
o Leave of absence
 Salaries and wages
 Drug and alcohol policy
 Smoking policy
 Telephone and computer use policy
 Dress code policy
 Performance
 Personal misconduct
 Termination

2.5 Forms of Violation

 Hiring sanctions and violations
 Performance evaluation sanctions and violations
 Drug and alcohol
 Salaries and wages

2.6 Projected salary

SESSION SUMMARY

In this module, the student is equipped in writing the second chapter of a feasibility study.

SELF-ASSESSMENT

Assignment: (Group)

Group yourselves to discuss on the proposed Feasibility Study.

Submit the Second Chapter of your Feasibility Study

REFERENCES
Refer to the references listed in the syllabus of the subject.

FESN01B – Feasibility Study

**For use of instructional materials only 3