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Model_to_use_in_Internal_Assessment_(1).pdf Flashcards
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Model_to_use_in_Internal_Assessment_(1).pdf Flashcards
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What are the most common uses of the McKinsey 7S framework?
To facilitate organizational change, help implement new strategy, identify how each area may change in the future, facilitate the merger of organizations.
What are the hard elements in the McKinsey 7S model?
Strategy, structure, systems.
What are the soft elements in the McKinsey 7S model?
Style, staff, skills, shared values.
What does a well-aligned strategy mean in the McKinsey 7S model?
A strategy that is clearly articulated, long-term, helps achieve competitive advantage, and is reinforced by strong vision, mission, and values.
What does 'structure' represent in the McKinsey 7S model?
The way business divisions and units are organized, including accountability.
What are 'systems' in the McKinsey 7S model?
Processes and procedures that reveal daily business activities and decision-making processes.
What do 'skills' represent in the McKinsey 7S model?
The abilities, capabilities, and competences of the firm's employees.
What does the 'staff' element focus on in the McKinsey 7S model?
The type and number of employees needed, as well as recruitment, training, motivation, and rewards.
What does 'style' represent in the McKinsey 7S model?
The management style of the company's leaders, including interactions, actions, and symbolic value.
What are 'shared values' in the McKinsey 7S model?
Norms and standards that guide employee behavior and company actions, serving as the foundation of the organization.
What is the McKinsey 7s framework used for?
Organizational design and effectiveness
What is the first step in applying the McKinsey 7s framework?
Identify the areas that are not effectively aligned
What is the second step in applying the McKinsey 7s framework?
Determine the optimal organization design
What is the third step in applying the McKinsey 7s framework?
Decide where and what changes should be made
Scholarly Assistant's Insights
Flashcards summarizing the McKinsey 7S framework and its applications for organizational design and effectiveness.
Business Strategies
Organizational Design
Management
Strategic Planning
Leadership
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