The start of a new year is full of great opportunities to take stock of where your business is and then to measure how closely aligned your actions are to your business and management objectives.
One method to gauge this is to use the McKinsey 7S Framework, a lean program which analyses how well an organisation is positioned to achieve its intended objective, breaking it down into seven different areas.
The McKinsey 7S Framework is comprised of
- Shared values
These areas are separated into ‘hard’ and ‘soft’, with strategy, structure and systems classed as ‘hard’ areas that are able to more easily tracked and reported upon.
Whilst skills, style, staff and shared values could be classified as ‘soft’, they are the foundation of any successful organisation and must be given equal weighting.
To determine if your business and management objectives are obtainable, a review of all of the 7S elements needs to show that each area can be clearly articulated and is aligned to the others.
If you would like some assistance with your business and management objectives, please get in touch.