Category: Glossary

7S Framework | Glossary

Manjunath Ingale Leave a comment

Definition:

The McKinsey 7S Model is a framework for organizational effectiveness that postulates that there are seven internal factors of an organization that need to be aligned and reinforced in order for it to be successful.

The McKinsey 7-S model can a help an organization to:

  • Determine how it is going to achieve its target goals
  • Identify as to how it is going to align departments and processed during merger or acquisition
  • Improve the style of the organization
  • Examine the effects organizational changes within the company
  • Implement policies to improve the skills and competencies of the employees

Further Reading:

Book: The Firm by Duff McDonald

Value Delivery Systems | Glossary

Manjunath Ingale Leave a comment

Definition:

Whether you are working in a sales organization or a factory or an R&D lab, you are also a part of a larger system of delivering value to customers. This end-to-end system that collaborates (at least in some fashion!) to deliver value to customers is called a Value Delivery System.

The problem with such situations is that breakdowns and lack of alignment within the whole system can hinder you from optimizing the value that you create and deliver. The activity of improvement thus focuses on the whole system.

In any VDS work, an early stage is in scoping out the system on which you are going to work. It can be soup-to-nuts stuff or can be constrained within a single organization.

Further Reading:

Book: The Firm by Duff McDonald