Slide 6: McKinsey’s 7-S Framework
McKinsey 7 S framework
1.1) 7S Framework – Hard
Strategy – A set of actions that you start with and must maintain
Structure – How people and tasks / work are organized
Systems – All the processes and information flows that link the organization together
1.2) 7S Framework – Soft
Style – How managers behave
Staff – How you develop managers (current and future)
Superordinate Goals – Longer-term vision
Skills – Dominant attributes or capabilities that exist in the organization
2.1) Best practice
In Search of Excellence with Tom Peters and Bob Waterman
In search of excellence – key principles
3.1) Cost before quality
3.2) Quality before cost
Controlling and its Importance in Management
4.1) Explicit control mechanisms
4.2) Implicit control mechanisms
15 Worst Business Decisions Ever
5.1) Fast decisions
5.2) Consistent decisions
6.1) Focus on results
6.2) Focus on process improvement
7.1) Heterogeneous culture
7.2) Homogeneous culture
8.1) Individual first
8.2) Team first
9.1) Less meetings, technology mediated
9.2) More meetings, face to face
10.1) Loose structured work styles
10.2) Structured work styles
11.1) Loyalty to profession
11.2) Loyalty to company
12.1) Participatory management
12.2) Consensus decision-making
13.1) Priority order: Shareholder, Customer, Employee
13.2) Priority order: Customer, Employee, Supplier, Community, Country, Shareholder
14.1) Protestant Work Ethic – More financial success emphasis
14.2) Confucian Work Ethic – More emphasis on status
15.1) Rapid evaluation and promotion
15.2) Slow evaluation and promotion
Investopedia Video: How To Calculate Return On Investment (ROI)
16.1) Return On Investment (ROI)
16.2) Return On Relationships
17.1) Risk takers
17.2) Risk adverse
18.1) Segmented concern for employees
18.2) Holistic concern for employees
19.1) Self sponsored retirement
19.2) Company retired retirement
20.1) Short term employment
20.2) Lifetime employment
The company man: Myths and realities of lifetime employment (1988) Part A
The company man: Myths and realities of lifetime employment (1988) Part B
21.1) Short term relationships and strategies
21.2) Long term relationships and strategies
22.1) Specialized career paths
22.2) Non-specialized career paths
Worksheet at:
http://www.scribd.com/doc/238149505/American-Versus-Japanese-Management-Worksheet
American versus Japanese Culture
Gung Ho (Movie) – American versus Japanese Culture
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