7S Framework
|
7S Framework |
|
|
Articles | Books | Dictionary | Faq | Home | Leaders | Organizations | Search
|
7S Model |
Summary of the 7S Framework of McKinsey. Abstract |
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
organization’s 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
| 👀 | TIP: On this website you can find much more about applying McKinsey's 7-S Framework ! |
Compare with the 7S Model: Strategic Alignment
About us | Advertise | Privacy | Support us | Terms of Service
©2023 Value Based Management.net - All names tm by their owners