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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.
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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.
They used these seven "variables" to create a visual framework, which became known as the McKinsey 7S Framework. They then used their 7S framework as a lens through which to evaluate organizational excellence. They conducted in-depth interviews with leaders at 43 "excellent" publicly traded companies using this lens. [9]
Weisbord's six-box model; (1976) defined by focusing on one major output, exploring the extent to which consumers of the output are satisfied with it, and tracing the reasons for any dissatisfaction. Congruence model for organization analysis (1977) Mckinsey 7s framework (1981-1982) Tichy's technical political cultural (TPC) framework (1983)
McKinsey & Company's founder, James O. McKinsey, introduced the concept of budget planning as a management framework in his fifth book Budgetary Control in 1922. [36]: 25 [145]: 422 The firm's first client was the treasurer of Armour & Company, who, along with other early McKinsey clients, had read Budgetary Control.
7S, 7s, or 7's may refer to : Ryan Air Services (IATA code) McKinsey 7S Framework, a management model; Rugby sevens, the seven-a-side version of rugby union; Canon EOS 7s, a 2004 35 mm film single-lens reflex camera; 7s, a 2023 album by Avey Tare
Business performance management (BPM) (also known as corporate performance management (CPM) [2] enterprise performance management (EPM), [3] [4] organizational performance management, or performance management) is a management approach which encompasses a set of processes and analytical tools to ensure that an organization's activities and output are aligned with its goals.