University | RMIT University (RMIT) |
Subject | Strategy Report |
Criteria | Strategic Implementation Plan | Organisation Support
Develop a high-level strategy implementation plan for the strategic initiative you proposed in Assignment 2. Use the McKinsey 7S framework to guide your analysis about potential changes in organisation support for effective implementation. Make recommendations about key strategic actions that the organisation must make so that effective implementation can be achieved.
# HOT TIPS
Before we apply the McKinsey 7s Framework there are several preliminary steps to complete.
1.Introduction of the McKinsey 7S Framework
- Provide a brief description of the key purpose of the framework and the interrelationship of the 7 elements.
- Note – there is no need to provide a lengthy description of each element – save the word count for your analysis!
- Apply scholarly in-text citations (which are also listed in the References list) to demonstrate the source of information.
Summarise the Strategic initiative (SI) – Briefly describe the scale of change that the SI will have on the organisation. Summarise in in a table.
Analysis | Carefully consider each of the elements within the model and its impact on the proposed strategic initiative. When changes are made to one element, it is important to consider the impact on the other elements, and to ensure that the changes are integrated and consistent with the organization’s overall strategy.
Do not just insert the table (see example on following pages) – you need to briefly explain what it means to help the reader understand your analysis.
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APPLYING THE MCKINSEY 7S FRAMEWORK | The 7 Interrelated Elements | Need to be aligned for successful implementation of the SI
HARD ELEMENTS – Driven by management
- Strategy– This is your strategic initiative
- Structure– The organisational chart – division of activities, integration and coordination mechanisms.
- Systems– Formal and informal procedures for measuring, rewarding and allocating resources. Core processes such as product development and support activities such as human resources or accounting.
SOFT ELEMENTS – driven by organisational culture
- SharedValues – Collective values central to the organizational culture. Represents the company’s standards and norms, attitudes, and beliefs. Provides a foundation for the other six elements.
- Skills– Core competencies and distinctive capabilities of the human resources (employees).
- Staff– People – number of employees, recruitment, training and development, remuneration
- Style– Leadership and management style – decision making, communication, behaviour, employee interactions
APPLYING THE FRAMEWORK | Apply the McKinsey 7s framework to the organisation to analyse the current situation for the implementation of the proposed strategy.
- Each element interacts with the other elements. Therefore, you need to think of what the implications are if you were to change one (or more) of the elements.
Step 1: Analyse the current situation of your organization
- Use the check list of questions for your analysis
- Keep in mind your earlier summary of the scale of change that your strategic initiative (SI) will make.
Step 2: Determine the ideal situation of the organization – what changes need to be made, based on the key findings from your McKinsey 7s analysis to successfully implement your strategic initiative?
- Based on the strategic initiative proposed, discuss and justify which of the ‘S’ elements need to be changed. Apply scholarly references.
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