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McKinsey 7-S Framework

a framework or model, developed by the McKinsey Company, a leading consulting firm, for maximising success of the implementation of an organisation's strategic planning; according to the McKinsey experts, companies which are excellently managed have seven elements in common strategy, structure and systems (the three "hardware" elements of success) and style, skills, staffing and shared values (the four "software" elements of success.)

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  • Part of Speech: proper noun
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  • Industry/Domain: Economy
  • Category: Economics
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