McKinsey’s 7-S Framework identified seven independent organizational factors that are needed to be managed by today’s managers. (more…)
7 Independent Organizational Factors of McKinsey’s 7-S Framework
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How Policies of an Organization influence Planning? – Explained!
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A policy is a predetermined established guideline towards the attainment of accepted goals and objectives. Such guidelines facilitate properly designed efforts to accomplish the strategic intent. Policy is not a strategy or tactics. Strategy is a proposed course of action to exert a far-reaching impact on the ability of the enterprise to attain its goals. […]
Different Types of Control Enforce on Organisational Strategies
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Strategies are selected and implemented over time. But strategies being forward looking, designed to accomplish the objectives in future, it is necessary to enforce control over strategies. (more…)