As the prelude to my series (Who Are You Post Covid-19 ? Rama Or Ravana : Winner Or Warrior) of 7 articles (1 -7 starting with Retrospective History) mentioned earlier, let us start to look at some of the great management frameworks followed globally that definitely need Re-think & Re-set considering the ongoing uncertain times & far more challenging times to come ahead for future generations.
As Business Analysts always and anywhere in the world till we become managing Partners, we are eager and taught to learn, practise and follow case studies from the prestigious “Big 3 – Mckinsey, Bain, BCG” consulting firms that have set global standards and integrated approaches to solve client’s issues across sectors and continents attracting best solutions from best brains, experiences and talents.
Mckinsey 7S watershed framework was introduced in 1980’s by Robert H Waterman Jr & Tom Peters in New York, USA with the objective to analyse how well organizations are positioned to achieve intended objectives but with limitations on what these objectives serve to the community and how these objectives will be achieved not clearly mentioned as part of the framework. Irrespective, 7S framework is a Bible for management consultants to solve client’s problems.
Mckinsey 7S Framework diagram represents 7S i.e. Structure, Strategy, Systems, Skills, Style, Staff and Shared Values as the key parameters for achieving them.
In the 1980’s, Ronald Reagan was the US President and based his economic program of capitalism on the supply-side mandating reduction of tax, people to work longer and harder resulting in more savings and investment and then in more production stimulating the economy. At the same time, the US also pushed for huge slashes in social programs that were the backbone support for entry-level workers. Even though the US economy went for a recession but then rebounded basis inflation & GDP as key indexes measured but fiscal deficit kept on increasing over the 80’s decade despite supply push. The stock market crashed by 1987.
Definitely, 7S watershed framework would not have sustained organizations or investors alone in such times to meet their objectives. During the current pandemic, following the 7S framework –
I have researched extensively, speaking to CXO’s, directors and senior management lately basis their organizations performance during pandemic that the management consulting frameworks being referred over decades need “New Versions” or “New Frameworks”. It has been a complete massacre on elements, dependence on elements and outcomes from elements since pandemic.
Basis above findings, most recent case studies, facts and figures received and posted on social media from across industries and globe, it is important to understand the new management consulting framework called “7SU Framework” from my colleagues & me relevant to all times. “Missing” values from each employee level, unit level and served communities goals will have to be included in shared values to ensure consistent growth & healthy business model.
It is important to note that man-made adversities generally have a shorter duration & short impact to manage or solve. In fact even shorter memory to remember. Add yourself as many synonyms to the word pandemic like calamities, disasters, catastrophes, cataclysm, crisis, misfortune, adversity, tribulation, etc through human history to check 7SU framework & compare with other frameworks that we will go through to upscale as a global crisis leader in addition to our management consultant roles.