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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.
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Weisbord's six-box model; (1976) defined by focusing on one major output, exploring the extent to which consumers of the output are satisfied with it, and tracing the reasons for any dissatisfaction. Congruence model for organization analysis (1977) Mckinsey 7s framework (1981-1982) Tichy's technical political cultural (TPC) framework (1983)
They used these seven "variables" to create a visual framework, which became known as the McKinsey 7S Framework. They then used their 7S framework as a lens through which to evaluate organizational excellence. They conducted in-depth interviews with leaders at 43 "excellent" publicly traded companies using this lens. [9]
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
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
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. [ 39 ] : 25 [ 148 ] : 422 The firm's first client was the treasurer of Armour & Company , who, along with other early McKinsey clients, had read Budgetary Control .
Strategic planning is an organization's process of defining its strategy or direction, and making decisions on allocating its resources to attain strategic goals.. Furthermore, it may also extend to control mechanisms for guiding the implementation of the strategy.