Wednesday, September 18, 2013

What is McKinsey 7S framework?

What is McKinsey 7S framework? 

McKinsey 7S framework provides a framework for measuring the strategic attributes (of
an organization. It has seven elements like:
Shared values: The employees share the same guiding values (Mission, Goals)
Strategy: The integrated vision and direction of the company (Corporate, business,
product/market)
Structure: The policies and procedures, which govern the way in which the organization
acts within itself and its environment.
System: The decision-making systems within the organization (Process)
Style: The employees shared and common way of thinking and behaving (Leadership &
Culture)
Skill: Employees have the skills needed to carryout the company's strategy
(Competencies)
Staff: Assigning the right job to the right person and training them (Empowerment).
In 7S framework - strategy, structure and systems are considered as the “hardware” of
success, while style, staff, skills and shared values are seen as the “software” of success. Companies in which these soft elements are present are more successful at the implementation of strategy.

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