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7S Framework

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7S Model

Summary of the 7S Framework of McKinsey. Abstract

 

7S Framework

The 7S framework of McKinsey is a Value Based Management (VBM) model that describes how one can holistically and effectively organize a company. Together these factors determine the way in which a corporation operates.

Shared Value

The interconnecting center of McKinsey's model is: Shared Values. What does the organization stands for and what it believes in. Central beliefs and attitudes.
Strategy

Plans for the allocation of a firms scarce resources, over time, to reach identified goals. Environment, competition, customers.
Structure

The way the organization's units relate to each other: centralized, functional divisions (top-down); decentralized (the trend in larger organizations); matrix, network, holding, etc.

System

The procedures, processes and routines that characterize how important work is to be done: financial systems; hiring, promotion and performance appraisal systems; information systems.
Staff

Numbers and types of personnel within the organization.
Style

Cultural style of the organization and how key managers behave in achieving the organizationís goals. Management Styles.
Skill

Distinctive capabilities of personnel or of the organization as a whole. Core Competences.


Book: Ethan M. Rasiel, Paul N. Friga - The McKinsey Mind: Understanding and Implementing the Problem-Solving Tools and Management Techniques -


Compare with the 7S Model: Strategic Alignment

More management models

 

 

 

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