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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. This was a strategic vision for groups, to include businesses, business units, and teams. The 7 S's are ...
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. [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.
Business performance management (BPM) (also known as corporate performance management (CPM) [2] enterprise performance management (EPM), [3] [4] organizational performance management, or performance management) is a management approach which encompasses a set of processes and analytical tools to ensure that an organization's activities and output are aligned with its goals.
Performance-based contracting (PBC) is about buying performance, not transactional goods and services, through an integrated acquisition and logistics process delivering improved capability to a range of products and services. PBC is a support strategy that places primary emphasis on optimising system support to meet the needs of the user.
Mckinsey 7s framework (1981-1982) Tichy's technical political cultural (TPC) framework (1983) High-performance programming (1984) Diagnosing individual and group behavior (1987) Burke–Litwin model of organizational performance and change (1992) [3]
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