Which of the following are the components of McKinsey’s 7-S framework? A. Shared values B. Procurement…
Developed by Tom Peters and Robert Waterman at McKinsey & Company, the McKinsey 7-S Framework identifies seven interdependent internal organizational elements: three 'hard'…
Choose your answer
Which of the following are the components of McKinsey’s 7-S framework?
A. Shared values
B. Procurement
C. Strategy
D. Technology Development
E. System
Answer and explanation
Correct answer A
Developed by Tom Peters and Robert Waterman at McKinsey & Company, the McKinsey 7-S Framework identifies seven interdependent internal organizational elements: three 'hard' S's (Strategy, Structure, Systems) and four 'soft' S's (Shared Values, Style, Staff, Skills). From the given list, Shared values (A), Strategy (C), and System (E) belong to the 7-S model, whereas Procurement (B) and Technology Development (D) belong to Porter's Value Chain (A, C and E only).
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