6 McKinsey-frameworks die u moet kennen

GE McKinsey Matrix The McKinsey 7-S Model was developed in the late 1970s by Robert Waterman and Thomas Peters, who were consultants at McKinsey & Company. Waterman and Peters created seven key internal elements that inform a business of how well positioned it is to achieve its goals, based on three hard elements and four soft elements. GE McKinsey Matrix The GE McKinsey Matrix was developed in the 1970s after General Electric asked its consultant McKinsey to develop a portfolio management model. This matrix is a strategy tool that provides guidance on how a corporation should prioritize its investments among its business units, leading to three possible scenarios: invest, protect, harvest, and divest. McKinsey Horizon Model The McKinsey Horizon Model helps a business focus on innovation and growth. The model is a strategy framework divided into three broad categories, otherwise known as horizons. Thus, the framework is sometimes referred to as McKinsey’s Three Horizons of Growth. McKinsey's Seven Degrees Framework McKinsey’s Seven Degrees of Freedom for Growth is a strategy tool. Developed by partners at McKinsey and Company, the tool helps businesses understand which opportunities will contribute to expansion, and therefore it helps to prioritize those initiatives. Minto Pyramid The Minto Pyramid Principle was created by Barbara Minto, who spent twenty years in corporate reporting and writing at McKinsey & Company. The Minto Pyramid Principle is a framework enabling writers to attract the attention of the reader with a simple yet compelling and memorable story. McKinsey Organizational Structure McKinsey & Company has a decentralized organizational structure with mostly self-managing offices, committees, and employees. There are also functional groups and geographic divisions with proprietary names. Other Connected Consulting Frameworks BCG Matrix In the 1970s, Bruce D. Henderson, founder of the Boston Consulting Group, came up with The Product Portfolio (aka BCG Matrix, or Growth-share Matrix), which would look at a successful business product portfolio based on potential growth and market shares. It divided products into four main categories: cash cows, pets (dogs), question marks, and stars. Blue Sea Strategy Blue Ocean Strategy A blue ocean is a strategy where the boundaries of existing markets are redefined, and new uncontested markets are created. At its core, there is value innovation, for which uncontested markets are created, where competition is made irrelevant. And the cost-value trade-off is broken. Thus, companies following a blue ocean strategy offer much more value at a lower cost for the end customers. Business Analysis Framework Business analysis is a research discipline that helps driving change within an organization by identifying the key elements and processes that drive value. Business analysis can also be used in Identifying new business opportunities or how to take advantage of existing business opportunities to grow your business in the marketplace. Business Engineering Framework According to the FourWeekMBA definition of business engineering, a business engineer is a hybrid between an entrepreneur, executive, and business strategist, which combines a deep understanding of business modeling to speed up experimentation, design thinking to develop products with a customer obsessed approach. And a deep understanding of business scaling through concepts of non-linear competition, transitional business modeling, and technological modeling. Business Modeling Framework Business Asymmetric Betting Framework Another dimension of asymmetric betting is given by how impactful the idea can be to the business. When we have asymmetric bets that can have a high impact and are easy to reverse, we get to the "Jackpot" and go into an "All-In-Mode" of action! And how easy to reverse. Design Strategy Framework Design strategy is a framework applying the tactical thinking of a business strategy to the needs of the user to create the most effective products and services. Minimum Viable Product As pointed out by Eric Ries, a minimum viable product is that version of a new product which allows a team to collect the maximum amount of validated learning about customers with the least effort through a cycle of build, measure, learn; that is the foundation of the lean startup methodology. Main Free Guides: Business Models Business Strategy Business Development Digital Business Models Distribution Channels Marketing Strategy Platform Business Models Tech Business Model