Application of Mckinsey's 7s Model in Increasing Profitability at PT BPRS Karya Mugi Sentosa Surabaya

This research discusses the application of McKinsey's 7S model in increasing profitability at PT BPRS Karya Mugi Sentosa Surabaya. McKinsey's 7S model consists of seven main elements: strategy, organizational structure, operational system, leadership style, staffing, skills, and shared values. The research used a qualitative approach with direct observation methods, structured interviews, and in-depth data analysis to evaluate the effectiveness of the model. The results showed that the harmonization of the elements of McKinsey's 7S model contributed significantly to improving profitability, reflected in the increase in assets, growth in the number of customers, and stability of financial statements over the past five years. However, challenges such as HR adaptation to the new strategy and consistency of implementation are concerns that need to be addressed. This study concludes that the implementation of McKinsey's 7S model is able to encourage the strengthening of corporate strategy and competitiveness in the midst of intense competition in Islamic banking.

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Publication Details

Journal
Jurnal Ekonomi Bisnis dan Manajemen
Published
2024-12-11
DOI
https://doi.org/10.58192/ebismen.v3i4.2764
Primary Topic
Management and Optimization Techniques
Type
article
Field-Weighted Citation Impact
0.00
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article

Application of Mckinsey's 7s Model in Increasing Profitability at PT BPRS Karya Mugi Sentosa Surabaya

Muhammad Iqbal Surya Pratikto, Muhammad Bahrul Hikam
Jurnal Ekonomi Bisnis dan Manajemen
Management and Optimization Techniques
article

Application of Mckinsey's 7s Model in Increasing Profitability at PT BPRS Karya Mugi Sentosa Surabaya

Muhammad Iqbal Surya Pratikto, Muhammad Bahrul Hikam
article en

Abstract

This research discusses the application of McKinsey's 7S model in increasing profitability at PT BPRS Karya Mugi Sentosa Surabaya. McKinsey's 7S model consists of seven main elements: strategy, organizational structure, operational system, leadership style, staffing, skills, and shared values. The research used a qualitative approach with direct observation methods, structured interviews, and in-depth data analysis to evaluate the effectiveness of the model. The results showed that the harmonization of the elements of McKinsey's 7S model contributed significantly to improving profitability, reflected in the increase in assets, growth in the number of customers, and stability of financial statements over the past five years. However, challenges such as HR adaptation to the new strategy and consistency of implementation are concerns that need to be addressed. This study concludes that the implementation of McKinsey's 7S model is able to encourage the strengthening of corporate strategy and competitiveness in the midst of intense competition in Islamic banking.

Jurnal Ekonomi Bisnis dan ManajemenVol. 3(4)
UIN Sunan Ampel Surabaya (ID)
Openalex Percentile: Top 50%
Management and Optimization Techniques
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