90% of companies fail to meet their goals.
What sets the top 10% apart?
A powerful framework can help here:
The McKinsey 7S Model.
Created in the 1970s by Peters and Waterman:
This model remains a vital tool for companies aiming to achieve their objectives while adapting to change.
The 7S Model helps businesses align key internal factors for success.
So, what are the 7S?
They represent seven critical elements that need to work in harmony for success:
1. Strategy
Your long-term roadmap for achieving goals.
2. Structure
The organization’s hierarchy and framework.
3. Systems
The workflows and processes that guide operations.
4. Skills
The expertise necessary to execute the strategy.
5. Staff
The capabilities of your team.
6. Style
Leadership approach and organizational culture.
7. Shared Values
The core principles that drive decisions and actions.
These are split into two groups:
Hard elements:
Strategy, structure, systems, and skills – measurable and tangible.
Soft elements:
Shared values, style, and staff – focused on culture and engagement.
To improve performance:
Focus on solid frameworks for the hard elements.
Cultivate a culture that embraces the soft elements.
To apply the 7S Model:
A) Analyze the 7 core elements.
B) Evaluate their alignment and effectiveness.
C) Identify misalignments.
D) Develop action plans to address gaps.
E) Implement necessary changes.
F) Measure progress and make adjustments.
P.S. Are your 7S in sync?
♻️ Share with your network to help them succeed as well!
—-
📌 Wild Capital Academy is LIVE!
Master business scaling like the best.
Enroll now – only 3 days left until we close:
https://lnkd.in/eb9idXXk
📢 And register for my free webinar:
Wild Capital Scaling Method™
Tue, Mar 4th, 11am ET / 5pm CET
https://lnkd.in/em34srRk
