Hello friends,
I am seeking information/input on the 'McKinsey/GE 9 Block Matrix' and would like to implement the same in my organization. Please reply if any of the esteemed HR members have the information. Kindly do the needful.
Regards,
Shruti
From India
I am seeking information/input on the 'McKinsey/GE 9 Block Matrix' and would like to implement the same in my organization. Please reply if any of the esteemed HR members have the information. Kindly do the needful.
Regards,
Shruti
From India
GE/McKinsey 9-Block Matrix
In 1968, then-CEO of GE, Fred Borch, asked McKinsey and Co. for an examination of GE's corporate structure. McKinsey's examination revealed that GE's structure was inadequate, and they argued that "the firm should be organized on more strategic lines, with greater concern for external conditions than internal controls." The company was divided into strategic business units, or SBUs.
In 1971, a GE exec. asked McKinsey to evaluate strategic plans drawn up by the SBUs. According to GE, the BCG Growth Matrix, with only two performance measures, was insufficient for the company's needs. From this request, the GE/McKinsey 9-block matrix, a system using a "dozen measures to screen for industry attractiveness and another dozen to screen for competitive position," was developed.
Questions/Tasks for you:
1. Plot each segment of your business on the GE/McKinsey 9-block matrix.
2. What actions do you need to take to push your growth units?
3. What do you need to do to harvest/divest your weak units?
Corrected URL: http://www.redpointcoaching.com/reso...Matrix_000.pdf
From India, Secunderabad
In 1968, then-CEO of GE, Fred Borch, asked McKinsey and Co. for an examination of GE's corporate structure. McKinsey's examination revealed that GE's structure was inadequate, and they argued that "the firm should be organized on more strategic lines, with greater concern for external conditions than internal controls." The company was divided into strategic business units, or SBUs.
In 1971, a GE exec. asked McKinsey to evaluate strategic plans drawn up by the SBUs. According to GE, the BCG Growth Matrix, with only two performance measures, was insufficient for the company's needs. From this request, the GE/McKinsey 9-block matrix, a system using a "dozen measures to screen for industry attractiveness and another dozen to screen for competitive position," was developed.
Questions/Tasks for you:
1. Plot each segment of your business on the GE/McKinsey 9-block matrix.
2. What actions do you need to take to push your growth units?
3. What do you need to do to harvest/divest your weak units?
Corrected URL: http://www.redpointcoaching.com/reso...Matrix_000.pdf
From India, Secunderabad
Dear Mr. S.K. Giridhar,
Thank you very much for your kind help and for providing information about the 9-Block matrix. However, to be precise, I have a theoretical understanding of this concept but I am unaware of how to practically implement it. Could you please shed some light on this?
We have our own business as authorized dealers for Engineering Machines, DG sets, Engines, and Material handling Equipment. We have offices across 6 locations in Maharashtra and would like to implement this across all locations. How should I go about it? Please advise.
Please do the needful.
Thank you,
Shruti
From India
Thank you very much for your kind help and for providing information about the 9-Block matrix. However, to be precise, I have a theoretical understanding of this concept but I am unaware of how to practically implement it. Could you please shed some light on this?
We have our own business as authorized dealers for Engineering Machines, DG sets, Engines, and Material handling Equipment. We have offices across 6 locations in Maharashtra and would like to implement this across all locations. How should I go about it? Please advise.
Please do the needful.
Thank you,
Shruti
From India
Dear Shruti,
Please go through the various sites at [Google](http://www.google.co.uk/#hl=en&rlz=1R2SKPB_enGB332&q=mckin sey+9+box+matrix+%2B+implementing&meta=&am p;amp;aq=f&oq=mckinsey+9+box+matrix+%2B+im plementing&fp=cd1afc4b4ded219e) and you may find the answer you are seeking. You may have to engage a consultant to do it effectively.
Have a nice day.
Simhan
A retired academic in the UK
From United Kingdom
Please go through the various sites at [Google](http://www.google.co.uk/#hl=en&rlz=1R2SKPB_enGB332&q=mckin sey+9+box+matrix+%2B+implementing&meta=&am p;amp;aq=f&oq=mckinsey+9+box+matrix+%2B+im plementing&fp=cd1afc4b4ded219e) and you may find the answer you are seeking. You may have to engage a consultant to do it effectively.
Have a nice day.
Simhan
A retired academic in the UK
From United Kingdom
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