The McKinsey 7-S model
The McKinsey 7-S model uses seven interdependent factors which can be categorized as Hard or Soft.
Hard Soft
Strategy
Structure
Systems Shared Values
Skills
Style
Staff
• Strategy: A plan designed to maintain and continually improve advantage over the competition
• Structure: how a business is structured and knowing who reports to who
• Shared Values: These can be seen in the general work ethic and the corporate culture of the company.
• Style: The type of leadership adopted in the company by the senior management.
• Systems: The daily duties and procedures used by employees to complete their tasks
• Staff: The employees and their general capabilities
• Skills: The actual skills and competencies of the employees.
Swot Analysis (SWOT matrix)
This is a structured planning method used to evaluate the strengths, …show more content…
Innovated culture – Toyota is considered to be one of the leading motor companies for innovation in the world. They were the first motor company to mass produce hybrid vehicles with great success. They also have a belief in constant innovation and were the first company to introduce the Kaizen and Kanban ideologies.
2. Brand reputation valued at $30 billion. Toyota is the most valued motor company in the world and has a reputation of producing high quality long lasting cars. They also have a great safety record and are sold in nearly every country in the world at reasonable prices “ We make a great car at a good price – All without a bailout” is the Toyota slogan and makes reference to the repetation they have for making reliable cars.
3. Industry leader in production and sales. – Toyota was one of the first companies to introduce lean manufacturing and TQM. Most motor companies followed Toyotas model as they were producing quality cars with low manufacturing and production costs even so Toyota still enjoys high
The McKinsey 7-S model uses seven interdependent factors which can be categorized as Hard or Soft.
Hard Soft
Strategy
Structure
Systems Shared Values
Skills
Style
Staff
• Strategy: A plan designed to maintain and continually improve advantage over the competition
• Structure: how a business is structured and knowing who reports to who
• Shared Values: These can be seen in the general work ethic and the corporate culture of the company.
• Style: The type of leadership adopted in the company by the senior management.
• Systems: The daily duties and procedures used by employees to complete their tasks
• Staff: The employees and their general capabilities
• Skills: The actual skills and competencies of the employees.
Swot Analysis (SWOT matrix)
This is a structured planning method used to evaluate the strengths, …show more content…
Innovated culture – Toyota is considered to be one of the leading motor companies for innovation in the world. They were the first motor company to mass produce hybrid vehicles with great success. They also have a belief in constant innovation and were the first company to introduce the Kaizen and Kanban ideologies.
2. Brand reputation valued at $30 billion. Toyota is the most valued motor company in the world and has a reputation of producing high quality long lasting cars. They also have a great safety record and are sold in nearly every country in the world at reasonable prices “ We make a great car at a good price – All without a bailout” is the Toyota slogan and makes reference to the repetation they have for making reliable cars.
3. Industry leader in production and sales. – Toyota was one of the first companies to introduce lean manufacturing and TQM. Most motor companies followed Toyotas model as they were producing quality cars with low manufacturing and production costs even so Toyota still enjoys high