Feasibility Study Template for Wellness Programs

FEASIBILITY STUDY TEMPLATE
This Feasibility Study Template is free for you to copy and use on
your project and within your organization. We hope that you find
this template useful and welcome your comments. Public
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FEASIBILITY STUDY
<PROJECT NAME>
COMPANY NAME
STREET ADDRESS
CITY, STATE ZIP CODE
DATE

Feasibility Study Template
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TABLE OF CONTENTS
1. EXECUTIVE SUMMARY............................................................................................................2
2. DESCRIPTION OF PRODUCTS AND SERVICES.............................................................................2
3. TECHNOLOGY CONSIDERATIONS..............................................................................................2
4. PRODUCT/SERVICE MARKETPLACE..........................................................................................3
5. MARKETING STRATEGY..........................................................................................................4
6. ORGANIZATION AND STAFFING................................................................................................4
7. SCHEDULE..............................................................................................................................5
8. FINANCIAL PROJECTIONS.........................................................................................................5
9. FINDINGS AND RECOMMENDATIONS.........................................................................................6
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Feasibility Study Template
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1. EXECUTIVE SUMMARY
The executive summary provides an overview of the content contained in the feasibility
study document. Many people write this section after the rest of the document is completed.
This section is important in that it provides a higher level summary of the detail contained
within the rest of the document.
The main aim of this assignment is to find the gap, which exists in the implementation of the
wellness programs. This paper will provide necessary solutions to fill out the gaps, which are
found in an effective way. Being healthy is the top most priority for surviving in a well manner
and for achieving longevity. It can be said that in the business organization the employers want
their employees to be healthy because the healthy employees tend to be more productive and the
absenteeism rate is low. The health insurance resources are used less by the healthy and the
active employees (Haines, Andrew and Jones 2014). Therefore, it can be said that the managers
and the employers needs to give focus on the wellness policies and objectives of the company.
Employers need to consult about the consequences that will affect the organization in
implementation of the health policies. This topic will highlight how the employers will
implement the wellness policies, which will provide many incentives so that the employers can
lead a healthy lifestyle. This research will also highlight the cost of implementing the policies,
which will motivate the employees to lead a healthy lifestyle.
2. DESCRIPTION OF PRODUCTS AND SERVICES
This section provides a high-level description of the products and/or services which are
being considered as part of the feasibility study. The purpose of this section is to provide
detailed descriptions of exactly what the organization is considering so this information can
be applied to the following sections of the document. It is important that this description
captures the most important aspects of the products and/or services that the organization is
considering as well as how it may benefit customers and the organization.
Employee absenteeism is an important issue in the organization nowadays. The main cause
of the employee absenteeism is the poor health condition of the employee due to the increase
workload and the harmful work environment. Employees tend to suffer from low blood pressure,
high cholesterol, diabetes, stress, fatigue and other health conditions. These problems can be

solved by implementing wellness program and providing medical support to the employees. One
of the most important solution to understand the condition of the employee is to conduct blood
test, which will help to measure cholesterol and blood glucose. The organization can also provide
the facility of indoor gyms so that the employees can stay fit and healthy. Apart from this, the
organization can include yoga sessions, which will relieve stress and will help the employees to
focus on the task. If the organization provides these services to their employees then the
employee absenteeism rate can come down by huge margin and will increase the productivity of
the employee.
3. TECHNOLOGY CONSIDERATIONS
This section should explain any considerations the organization must make with regards to
technology. Many new initiatives rely on technology to manage or monitor various business
functions. New technology may be developed internally or contracted through a service
provider and always result in costs which must be weighed in determining the path forward.
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