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HRMT-5180 Group Project

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17 views

HRMT-5180 Group Project

Uploaded by

Yadhukrishna
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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McKinsey 7S Model

An instrument that examines a company's organizational design is known as the McKinsey 7S


Model. The model aims to illustrate how an organization can attain effectiveness through the
interactions of seven critical aspects-Structure, Strategy, Skill, System, Shared Values, Style, and
Staff (Corporate Finance Institute, 2022). The McKinsey 7s Model focuses on how the Soft S and
Hard S parts are interrelated, suggesting that modifying one element might have a cascading
effect on the other elements to maintain an effective balance. Placing Shared Values at the
center highlights how important it is to consider how changes in founder values will affect the
other factors (Corporate Finance Institute, 2022).
Shared values
Every organization's mission, goals, and values serve as its cornerstone and are crucial in
bringing all essential components into harmony and preserving an efficient organizational
structure (Corporate Finance Institute, 2022). The Cora restaurants are dedicated to
highlighting the value of breakfast. Each morning, Cora provides vibrant meals creatively
prepared to give a memorable, nourishing experience in a cozy family setting (Coramark Inc,
n.d.b).
Staff
Employees participate in talent management and all aspects of human resources relevant to
business choices, such as training, recruiting, and reward programs (Corporate Finance
Institute, 2022). There are proud members of the Cora Groupe family. Cora places a high value
on the happiness of its clients and the well-being of its employees. Cora encourages innovation,
cooperation, respect, and a desire for corporate growth (Coramark Inc, n.d.c).
Style
Through their contacts and symbolic decision-making, senior employees in a firm build a code
of behavior that shapes the management style of its leaders (Corporate Finance Institute,
2022). Cora serves as the organization's leader. As a chief creative officer, she manages
marketing, menu, and brand identity projects. Since she loves to write, Cora frequently blogs
about her life with her firm, memories, and adventures. Customers can learn more about Mme
Cora's colorful, poetic, and inspirational writing style by reading her letters, as we like to call
them (Coramark Inc., n.d.a).
Skills
For a company's personnel to accomplish its goals, it must have the capabilities and
competencies that come with having skills (Corporate Finance Institute, 2022). Marketing,
social media, graphic design, audiovisual, training, operations, purchasing, research and
development, market development, finance, human resources, legal, reception, and shipping
experts make up our team (Coramark Inc, n.d.c).
References
Corporate Finance Institute. (2022, January 30). McKinsey 7S Model.

https://corporatefinanceinstitute.com/resources/knowledge/strategy/mckinsey-7s-

model/

Coramark Inc. (n.d.-a). Our founder. https://www.chezcora.com/en/about/cora-tsouflidou/

Coramark Inc. (n.d.-b). Our philosophy. Cora. https://www.chezcora.com/en/about/philosophy/

Coramark Inc. (n.d.-c). Work at Cora. Cora. https://www.chezcora.com/en/careers/

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