McKinsey 7S Model is a strategic assessment and alignment model. The 7S modelportrays seven elements of an organization as shown below:(a) Define each of these elements within the context of an organization (b) These elements are divided into two categories. Name the two categories
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McKinsey 7S Model is a strategic assessment and alignment model. The 7S model
portrays seven elements of an organization as shown below:
(a) Define each of these elements within the context of an organization
(b) These elements are divided into two categories. Name the two categories
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- Michael Porter’s 5 competitive force model is a framework that can be used in the strategic management process. Explain in detail the purpose of strategists using Michael Porter’s 5 competitive forces model with the support of an example. There are THREE situations in the case that are representative of elements in Michael Porter’s 5 competitive forces model. Describe these situations in the case by making reference to the respective elementsRefer to the organization charts labeled Structure Aand Structure B in the figure for problem 12. a. For the organizational structure A, describe the1. advantages and disadvantages of this structure.2. impact of the resulting span of control.3. effect of the organizational structure on employee behavior. b. For the flat organizational structure B, describe the1. advantages and disadvantages of that organizational structure.2. impact of the resulting span of control.3. effect of the organizational structure on employee behavior. c. When determining the appropriate span of control for a company, discuss the factors that should be considered.SWOT analysis is a framework for analyzing the internal and external environment of a company. It consists of strengths, weaknesses, opportunities and threats. According to a SWOT analysis, which of the following is not an aspect that the company's strategy should follow? a. take advantage of their weaknesses b. remedy weaknesses or work around them c. take advantage of the opportunities presented by the environment d. protect the company from threats
- A manufacturing company has the following financial information (in millions of $)Sales $562Cost of goods soldDirect labor 43Purchased materials 267Overhead 35All other costs 142Pretax earnings 75a. What is the profit leverage effect of purchasing in this company?b. What is the percent increase in earnings from a 5 percent savings in purchasing?One of the basic organizational analysis is to determine the business capabilities (either strengths or weaknesses) and how they should respond to the external factors (whether it is favourable or unfavourable to their business). Explain the meaning of matching concept in SWOT matrix analysis in relation to the business strategy formulation framework. Discuss at least three examples of the matching process.Please answer these questions: 1. A brief summary of the article. 2. How well is the engineering managment problem addressed in the paper defined? What was the source of data that the author to investigate the problem? Contingency theory argues that there is no universal set of strategies applicable to allbusinesses (Ginsberg & Venkatraman, 1985; Lawrence & Lorsch, 1967). Indeed, this theoryconsiders organization as an open system which internal and external environment playimportant role in its strategies (Hoffer, 1975; Schoonhoven, 1981). The traditional contingencyresearch frameworks concentrate on the effect of internal and external environment factors(contingency variables) on the association between independent and dependent variables (Sousa& Voss, 2008). This effect is operationalized as the effect of interaction between contingencyand independent variables on dependent variable. A positive interaction effect implies to thepositive role of contingency variable…
- SWOT, BCG, and IE Matrices Analysis Analyze the significance of the three matrices regarding their relevance for strategic planning. Include a description of the key information for each of the three matrices.Given the following data in Billion Pesos: Corporate profits 305 Compensation of employees 2,648 Depreciation 479 Rental income 19 Gross private domestic investment 716 Exports 427 Personal taxes 565 Personal consumption expenditures 2,966 Government spending 924 Indirect business taxes 370 Imports 547 SSS contributions 394 Net Interest 337 Transfer payments 967 Proprietor’s income 328 show the solution with account names and not only values.a.GDP b.NDP c.National Income or NNP at Factor Cost NNP at Market Prices Factor Income of Persons Personal Income Disposable Personal Income Personal SavingsThe four possible issues of strategic implementation are R&D Issues, Management Information Systems issues, financial and Accounting Issues and marketing issues. Discuss each issue and discuss a possible solution for each
- Perform a SWOT analysis of Tuckman's model, Performing, Storming, Norming, Performing, Adjourning, Informing, Conforming, Deforming, and Transforming.Think of a company you are familiar with. Describe at leastthree problems the company faces that could be addressed, atleast in part, through optimization. The problems can be eitherstrategic or operational in nature.1. How well the engineering managment problem addressed in the paper defined? 2. What was the source of data that the autohor used to investigate the problem? 3. Were the data analysed in a logical and scientifically sound manner? Contingency theory argues that there is no universal set of strategies applicable to all businesses (Ginsberg & Venkatraman, 1985; Lawrence & Lorsch, 1967). Indeed, this theory considers organization as an open system which 7internal and external environment play important role in its strategies (Hoffer, 1975; Schoonhoven, 1981). Traditional contingency research frameworks concentrate on the effect of internal and external environment factors (contingency variables) on the association between independent and dependent variables (Sousa & Voss, 2008). This effect is operationalized as the effect of interaction between contingency and independent variables on dependent variables. A positive interaction effect implies the positive role of the…