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The McKinsey 7S Framework is a management model developed by business consultants Robert H. Waterman, Jr. and Tom Peters (who also developed the MBWA-- "Management By Walking Around" motif, and authored In Search of Excellence) in the 1980s.
In 1979, McKinsey's Munich office requested Peters to present his findings to Siemens, which provided the spur for Peters to create a 700-slide two-day presentation. Word of the meeting reached the US and Peters was invited to present also to PepsiCo , but unlike the hyper-organised Siemens , the PepsiCo management required a tighter format ...
Visual representation of McKinsey 7S Framework. The McKinsey 7S Framework emphasizes balancing seven key aspects of an organization, operating unit, or project. [3] Three of the seven elements—strategy, structure, and systems—are considered "hard" elements, easily identified, described, and analyzed.
McKinsey & Company's founder, James O. McKinsey, introduced the concept of budget planning as a management framework in his fifth book Budgetary Control in 1922. [36]: 25 [145]: 422 The firm's first client was the treasurer of Armour & Company, who, along with other early McKinsey clients, had read Budgetary Control.
In 1981, he left McKinsey to become an independent consultant. In 1990, Peters was referred to in a British Department of Trade and Industry (DTI) publication as one of the world's Quality Gurus . In 1995, the New York Times referred to Peters as one of the top three business experts in the highest demand as a speaker along with Daniel Burrus ...
7S, 7s, or 7's may refer to : Ryan Air Services (IATA code) McKinsey 7S Framework, a management model; Rugby sevens, the seven-a-side version of rugby union; Canon EOS 7s, a 2004 35 mm film single-lens reflex camera; 7s, a 2023 album by Avey Tare
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McKinsey & Company is an American worldwide management consulting firm. McKinsey may also refer to: McKinsey (surname), a surname; McKinsey 7S Framework, a management model; McKinsey Quarterly, a business magazine for senior executives; McKinsey Award, awarded by the Harvard Business Review