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The McKinsey 7S Framework is a management model developed by business consultants Robert H. Waterman, Jr. and Tom Peters (who also developed the MBWA-- "Management By Walking Around" motif, and authored In Search of Excellence) in the 1980s. This was a strategic vision for groups, to include businesses, business units, and teams. The 7 S's are ...
This model of change, developed by Lewin, was a simplistic view of the process to change. This original model "developed in the 1920s and fully articulated in Lewin's (1936a) book Principles of Topological Psychology" [8] paved the way for other change models to be developed in the future.
A well-known modern exponent is Michael Barber, himself a partner in McKinsey & Company. It is characterised by some systems thinkers according to the following attributes: Perspective: Top-down and hierarchical Design: Organisations divided into (ostensibly) independent functional silos. A practice propagated by Alfred Sloan and James McKinsey
[134] [135] McKinsey & Company's MAC curve has become the most widely used [136] and is the basis for McKinsey's consulting on climate change and sustainability. [137] McKinsey's curve predicts negative cost abatement strategies, which has been controversial among economists. [138]
The natural system model is in many ways the opposite of the rational model in that it focuses on the activities that may negatively impact the organization and therefore aims at maintaining an equilibrium in order to meet its goals. [6] The Natural System model views organizations as an organic organism which is holistically interconnected.
Indeed, as technological change has sped up, the average life span of S&P 500-listed companies has shrunk. According to a McKinsey study, the average lifespan of an S&P 500 firm in 1958 was 61 years.
[2] Others describe Business Transformation as "the process of fundamentally changing the systems, processes, people and technology across a whole business or business unit. As such, a business transformation project is likely to include any number of change management projects, each focused on an individual process, system, technology, team or ...
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