Mckinsey 7 s Model

download Mckinsey 7 s Model

of 16

Transcript of Mckinsey 7 s Model

  • 7/27/2019 Mckinsey 7 s Model

    1/16

    Mc KINSEY 7 S MODEL

  • 7/27/2019 Mckinsey 7 s Model

    2/16

    NAMED AFTER A CONSULTING

    COMPANY MCKINSEY AND COMPANYWHO CONDUCTED APPLIED RESEARCH

    IN BUSINESS AND INDUSTRY

    IT WAS CREATED AS A RECOGNIZABLE

    AND EASILY REMEMBERED MODEL IN

    BUSINESS

  • 7/27/2019 Mckinsey 7 s Model

    3/16

    SEVEN VARIABLES - WHICH AUTHORS

    TERM LEVERS START WITH S

    Hard elements - Soft Elements

    Strategy - Shared ValuesStructure - Skills

    System - Staff

  • 7/27/2019 Mckinsey 7 s Model

    4/16

  • 7/27/2019 Mckinsey 7 s Model

    5/16

    7 S MODEL IS USEFUL IN

    Improve performance of company

    Examine the likely effects of future

    change within a companyAlign departments and processes during

    M & A

    Determine how best to implementcompany strategy

  • 7/27/2019 Mckinsey 7 s Model

    6/16

    7 S ELEMENTS

  • 7/27/2019 Mckinsey 7 s Model

    7/16

    STRATEGY

    The plan devised to maintain and

    build competitive advantage overcompetition

  • 7/27/2019 Mckinsey 7 s Model

    8/16

    STRUCTURE

    The way the organization isstructured and who reports to

    whom

  • 7/27/2019 Mckinsey 7 s Model

    9/16

    SYSTEMS

    Internal processes to support and

    implement the strategy and run

    dayto-day affairs.

  • 7/27/2019 Mckinsey 7 s Model

    10/16

    STYLE

    Organizations own distinct culture

    and management styles. It

    includes dominant values, beliefsand norms which develop over a

    period. It also includes leadership

    styles.

  • 7/27/2019 Mckinsey 7 s Model

    11/16

    STAFF

    Employees and their general

    capabilities

  • 7/27/2019 Mckinsey 7 s Model

    12/16

    SKILLS

    Actual skills and competencies of

    the employees

  • 7/27/2019 Mckinsey 7 s Model

    13/16

    SHARED VALUES(ALSO CALLED SUBORDINATE GOALS )

    Common fundamental ideas or

    guiding concepts about which thebusiness is built.

  • 7/27/2019 Mckinsey 7 s Model

    14/16

    HOW TO USE MODEL

  • 7/27/2019 Mckinsey 7 s Model

    15/16

    7 S CHECKLIST QUESTIONS

  • 7/27/2019 Mckinsey 7 s Model

    16/16