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DESCRIPTION
In their book In Search of Excellence, McKinsey consultants Tom Peters and Robert Waterman found 8 common themes which they argued were responsible for the success of 14 identified companies of "excellence." The framework is known as the 8 Attributes of Management Excellence. The research and theorizing of this framework was based on the McKinsey 7-S Model, also authored by Peters and Waterman.
The 8 attributes are:
1. A Bias for Action
2. Close to the Customer
3. Autonomy and Entrepreneurship
4. Productivity through People
5. Hands-on, Value-driven
6. Stick to the Knitting
7. Simple Form, Lean Staff
8. Simultaneous Loose-Tight Properties
In an interview, Peters later also added a 9th attribute: Capabilities Concerning Ideas, Liberation, and Speed.
This comprehensive PowerPoint presentation delves into the McKinsey 7-S Model, providing a high-level overview of this essential business framework. It emphasizes the importance of aligning seven internal, interrelated aspects of an organization to achieve optimal effectiveness. The model's visualization aids in understanding how strategy, structure, systems, shared values, skills, style, and staff interconnect to drive organizational success.
The PPT meticulously explains each of the 8 Attributes of Management Excellence, offering actionable insights and practical examples. From fostering a bias for action to maintaining a hands-on, value-driven approach, these attributes are dissected to show their impact on business performance. The presentation also highlights the significance of sticking to core competencies and leveraging simple forms and lean staff for efficiency.
The addition of the 9th attribute, Capabilities Concerning Ideas, Liberation, and Speed, underscores the evolving nature of management excellence. This attribute focuses on fostering innovation, empowering employees, and accelerating processes to stay competitive. The framework visualization with all nine attributes, placing Simultaneous Loose-Tight Properties at the center, provides a holistic view of the interconnected elements driving excellence in management.
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Source: Best Practices in Robert Waterman, Tom Peters, 8 Attributes of Management Excellence PowerPoint Slides: 8 Attributes of Management Excellence PowerPoint (PPT) Presentation, PPT Lab
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