Mckinsey: The Sevens Guide To Success In Business Management

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CULTURE AND COMPETITION

Introduction
For every organization to be successful it is very usable to have a good understanding of the inner organization and to discover how to work more effectively and efficiently. In Tom Peters 8 themes explained how to be successful in business management fields.

The 7 ‘S’ – Model was developed by former employees of McKinsey which is American consulting firm. The employees were Tom Peters and Robert H. Waterman - authors of the management "In Search of Excellence." They provided how to realize the procedure of the internal organization to be prosperous. And they applied this theory to the organisations all over the world.
According to Mckinsey company view they introduced 7s models those seven factors are start with letter ‘S’ and these elements are well-organized that helps to improve performances of the organizations and to boost the company. The 7S Model is classified into "hard" and "soft" elements. Hard elements are easily identified and regulated by management (easier to change). Those are focus at problems of an organization that can influence directly. Soft elements are more conceptual and it influenced by the organizational culture which is harder to change directly and take longer.
The hard elements are:
1. Strategy
2. structure
3. systems
The soft elements are:
4. shared values
5. skills
6. style
7. staff

Below Mckinsey model shows the connections between seven elements that the diagram of the model emphasises interconnections of the factors.

A Systemic Approach to Improving Organizations

Tom Peters - In Search of Excellence is published in 1982 as the result of their research 43 out of 62 top performing companies. According to this book it describes 8 basic principles t...

... middle of paper ...

... management into above and below (high to low level) and mainly focused on dividing an organisation into hierarchy. The high level staffs are lean and simple form also power & authority shared between these employees. This helps to keep away from complexity by having less administrative layers that easier for employees to realize what require from them and how to implement it. Particularly for large companies this can be difficult and some best companies have minimal headquarter staff.

8. Simultaneous loose-tight properties
This is about excellent companies holding tight to their centralized values and they have pushed autonomy in shop floor activities or product development team. Many successful companies allowed their employees the freedom to make decisions while working around and maintaining core company values. And also its about good planning and controlling.

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