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  • Essay / Mckinsey: The Sevens Guide to Business Success...

    CULTURE AND COMPETITIONIntroductionFor every organization to succeed, it is very helpful to have a good understanding of the internal organization and to discover how to work more effectively. In Tom Peters, 8 themes explain how to succeed in the areas of business management. The 7 “S” model was developed by former employees of McKinsey, an American consulting firm. The employees were Tom Peters and Robert H. Waterman, authors of the textbook "In Search of Excellence." They explained how to implement the procedure of internal organization to be prosperous. And they have applied this theory to organizations around the world. According to the point of view of Mckinsey company, they have introduced 7 models, these seven factors start with the letter “S” and these elements are well organized which helps in improving the performance of organizations and boosting the business. The 7S model is classified into “hard” and “soft” elements. Hard elements are easily identified and regulated by management (easier to change). These focus on issues in an organization that can directly influence. Soft elements are more conceptual and influenced by organizational culture which is more difficult to change directly and takes more time. The hard elements are:1. Strategy2. structure3. systemsThe soft elements are:4. shared values5. skills6. style7. StaffMckinsey's model below shows the connections between seven elements and the model diagram emphasizes the interconnections of the factors. A Systems Approach to Improving OrganizationsTom Peters - In Search of Excellence was published in 1982 following their research into 43 of the 62 most successful companies. . According to this book, it describes 8 basic principles middle of paper...... top and bottom management (high to low level) and mainly focused on dividing an organization into hierarchy. High-level staffs are small and simple and power and authority are equally shared among these employees. This helps avoid complexity by having fewer administrative layers, making it easier for employees to understand what is required of them and how to implement it. This can be difficult, especially for larger companies, and some of the best companies have minimal head office staff.8. Simultaneous Loose and Tight Properties These are great companies that hold on to their centralized values ​​and have pushed autonomy into shop floor activities or the product development team. Many successful companies have given their employees the freedom to make decisions while respecting and maintaining the company's core values. And it's also a matter of good planning and good control..