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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.
Visual representation of McKinsey 7S Framework. The McKinsey 7S Framework emphasizes balancing seven key aspects of an organization, operating unit, or project. [3] Three of the seven elements—strategy, structure, and systems—are considered "hard" elements, easily identified, described, and analyzed.
[6] In this article, he "stressed the importance of execution and dismissed the whole idea of strategy." [7] As strategy was McKinsey's main operation at the time, this was seen as a "frontal assault" on the company, leading Mike Bulkin, the head of the New York office, to demand that Daniel fire Peters.
In addition to reviewing systems and processes, leaders also need to develop the skills, competencies and motivation of people in the organization. The McKinsey 7s Framework provides an overview of this type of analysis, highlighting elements that contribute to alignment. This type of review, with follow-up interventions, contribute to key ...
Now consulting firm McKinsey & Co. is offering its own unique way to trim its workforce: giving senior U.K. managers the option of staying at the company for up to nine months while they look for ...
The bride explained on Reddit why she believes an "innocent joke" made during her wedding ceremony was actually no laughing matter
From 1974 to 1981, Peters worked as a management consultant at McKinsey & Company, becoming a partner and Organization Effectiveness practice leader in 1979. In 1981, he left McKinsey to become an independent consultant. In 1990, Peters was referred to in a British Department of Trade and Industry (DTI) publication as one of the world's Quality ...
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