The McKinsey 7S Model Helps in Strategy Implementation: A Theoretical Foundation

Abstract

A strategy refers to a detailed plan to achieve success in situations like war, politics, business, industry, or sport, or the skill of planning for such situations. Successful strategy implementation depends on doing a well done job of working with and through others, building and strengthening competitive capabilities, motivating and rewarding people in a strategy supportive manner and instilling the discipline of getting things done. The McKinsey 7S Framework was designed by former employees like Tom Peters, Richard Pascale and Robert Waterman, formers consultants of McKinsey, the American consulting firm and is applied in organizations all over the world. The 7S in this model refers to the seven elements or factors that start with the letter ‘S’. According to Tom Peters, Richard Pascale and Robert Waterman, the condition is that the relationships internally between these factors are well-organized and that the elements steer the organization in the same direction. The study views the how the McKinsey 7S model in the process of strategy implementation works, by making use of the internal resources to create a sustainable competitive environment to enable the organization to achieve its intended revenue and policy targets.

Keywords: McKinsey 7S Framework, strategy, structure, systems, style, staff, shared values, skills