Instead of playing the full chord, you can simplify by using shell voicing. In shell voicing, you play only the chord tones which are the root, 3rd and 7th. Below are some form of shell voicing for common chords
The benefit of using shell voicing is that you can change chords quickly and still outline the characteristic notes of the chord. Another benefit is that you have free fingers to play walking bass or play melody while playing the chord at the same time. You can use notes in shell voicing as target notes. This helps you visualize the fretboard faster when improvising.
Minor 7th chords
Major 7th chords
Dominant 7th chords
