McKinsey 7-S Framework A Visual Means of Considering All Strategy Components

 In Benefit Venture Blog, Planning, Tools

McKinsey 7-S Framework was the outcome of much earlier work, but was crystalized by Bob Waterman and Tom Peters in the 1980s, when they were both McKinsey consultants. It is an enduringly useful tool for anyone developing organizational strategy. It superseded a preoccupation with structure as the be-all-and-end-all of strategy.

McKinsey 7-S Framework

mckinsey 7-s

‘Superordinate goals’ was the original core of the McKinsey 7-S Framework, but quickly became renamed ‘shared values’ and I believe this is critical, especially in today’s world. Those two words encapsulate defining what the venture is all about.

Use of the McKinsey 7-s Framework involves a process of ensure that all components are coherent. Any one of the seven ‘Ss’ could easily derail the strategy if it was at variance with the others. My MBA course on sustainable strategy used Richard Rumelt’s book, Good Strategy, Bad Strategy1, as a set book. I recommend it to you, too.

Rumelt describes the kernel of good strategy involves three vital elements: accurate diagnosis, guiding policy and coherent action. Think about these three as you work your way through the 7-S framework.

 

1Crown Business, 2011

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