Every organization needs to have specific objectives, or goals, that it is striving to achieve. Without these targets in place, it is easy for a business to just ‘wander’ from day to day, without ever making any headway in the market. If your company is going to not just scrape by, but actually thrive moving forward, you want to have clear and measurable objectives that you are working to achieve. Of course, it is one thing to have objectives in mind that you would like to reach – but it is another thing entirely to actually have your organization aligned correctly in order to achieve those goals. No matter what size of organization you happen to be running, it is imperative that all actions within the company are designed to help move closer and closer to your stated goals. It is common for businesses to ‘lose their way’ while trying to do too much, or too many different things. The businesses that are successful in the end tend to be those who work cohesively as a unit to check off goals one at a time. With that in mind, one of the best business models available to help you stay on the same page throughout your company is the McKinsey 7-S Framework. McKinsey 7S model was developed by Robert Waterman and Tom Peters during early 1980s by the two consultants of McKinsey Consulting organization. The model is a powerful tool for assessing and analyzing the changes in the internal situation of an organization. It is based on 7 key elements, which determine the organization’s success, which should be interdependent and aligned for producing synergistic outcomes. The model can be used widely in various situations where an alignment is required: For improving organizational performance.
• Analyzing and evaluating the effects of futuristic changes on the organization.
• Can be a useful framework during the situation of Merger and Acquisition
• Involving striking an alignment between the key processes of an organization.
• Providing a recommendative framework for implementing a strategic plan of action.
•The model can be effectively applied to various teams or groups or projects as well.
How to Use the Model
The model is based on the theory that, for an organization to perform well, these seven elements need to be aligned and mutually reinforcing. So, the model can be used to help identify what needs to be realigned to improve performance, or to maintain alignment (and performance) during other types of change. Whatever the type of change – restructuring, new processes, organizational merger, new systems, change of leadership, and so on – the model can be used to understand how the organizational elements are interrelated, and so ensure that the wider impact of changes made in one area is taken into consideration.