The 7-S framework 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 is: Shared Values. What does the
organization stands for and what it believes in. Central beliefs and
attitudes.
Strategy
Plans for the
allocation of a firms scarce resources, over time, to reach identified
goals. Environment, competition, customers.
Structure
The way the
organization's units relate to each other: centralized, functional
divisions (top-down); decentralized (the trend in larger organizations);
matrix, network, holding, etc.
System
The procedures,
processes and
routines that characterize how important work is to be done: financial
systems; hiring, promotion and performance appraisal systems; information
systems.
Staff
Numbers and types
of personnel within the organization.
Style
Cultural style of
the organization and how key managers behave in achieving the
organization’s goals.
Management Styles.
Skill
Distinctive
capabilities of personnel or of the organization as a whole.
Core Competences.
Book: Ethan M. Rasiel, Paul N. Friga - The McKinsey
Mind: Understanding and Implementing the Problem-Solving Tools and
Management Techniques - 
Also compare with the 7-S Framework:
Strategic
Alignment
More management models