The 7-S frame work of McKinsey is a Value Based Management(VBM) model that describes how one can holistically and effectively organize a company. Together these factors determine the way in which a corporation operates.
- Shared Value : The interconnecting center of McKinsey’s model
- Strategy : Plans for the allocation of scarce resources to reach identified goals
- Structure : The way the organization’s units relate to each other
- System : The procedures, processes that characterize how important work is to be done
- Staff : Numbers and types of personnel within the organization
- Style : Culture of the organization and management style
- Skill : Distinctive capabilities of personnel or of the organization as a whole
