MCKINSEY 7S MODEL
An organizational effectiveness model that presumes there are seven key internal factors of an organization that need to be arranged and reinforced in order to obtain its objectives and improve performance. The model is also utilized to help firms adjust with changing environments that appears through mergers or acquisitions. The McKinsey 7S Model was developed in 1980s at McKinsey & Co., a consulting firm, particularly by the firm’s consultant Tom Peters and Robert Waterman, authors of the management bestseller book In Search of Excellence.
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Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
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Original Cost
It simply refers to the total cost associated in buying an asset.
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