Does the 7-S Model still holds true today?

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Does the 7-S Model still holds true today?
Tony Gyau, The Netherlands
Does the 7-S Model still holds true in today's business environment? Companies are increasing outsourcing their functions, and headquarters are only becoming a virtual company. Look at a company like Nike which has become successful without actually owning the production facilities of their own. Instead they outsourced the production around the world. Where do we stand in today's environment, where companies can be virtual and yet make huge profits, with the 7-S Model. I think the time has come to re-define the framework to suit today's globalisation.





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