It
is a tool for analysis and action. It is developed by McKinsey & Co.
consultants, & Harvard Business School and Stanford Business School
professors. The 7-S Framework of McKinsey is a management model
which includes 7 factors to organize a company in an holistic and effective
way. The 7-S Framework was first mentioned in "The Art Of Japanese
Management" by Richard Pascale and Anthony Athos in 1981. It also
appeared in "In Search of Excellence" by Peters and Waterman 1982. The model was
born at a meeting of these four authors in 1978.
(1)Shared
values: It is the interconnecting centre of McKinsey's model. It Includes set
of traits, behaviors, and characteristics that the organization believes in include the
organization’s mission and vision
(2)Strategy:
It is the plan or course of action in allocating resources to achieve
identified goals over time.
(3)Structure:
The way people and work are organized
(4)Systems:
All the process and information flows that links the organization together
(5)Staff:
The employee and their general capability
(6)Style:
The way the manager behave
(7)Skills:
The actual skill competencies of the working employees.
[Hard elements:2,3,4; Soft
elements:1,5,6,7]
Advantages: Improves
performance of a company, Examines the future changes, Align processes during
merger or acquisition.
Limitations: Subject matter
of this analysis is vague, Doesn’t provides real guidelines for proceeding
further, Most of the techniques and elements detailed in this framework,
somehow they are abstract and vague.
