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Jun 25, 2024 · The Boston Consulting Group (BCG) growth share matrix is a planning tool that uses graphical representations of a company’s products and services to help the company decide what it should...
The Boston Consulting Group Matrix (BCG Matrix), also referred to as the product portfolio matrix, is a business planning tool used to evaluate the strategic position of a firm’s brand portfolio. The BCG Matrix is one of the most popular portfolio analysis methods.
Using the Boston Consulting Group (BCG) approach, a company classifies all its SBUs according to the growth-share matrix. On the vertical axis, the market growth rate provides a measure of market attractiveness.
The growth share matrix, created in 1968 by BCG's founder Bruce Henderson, is a framework that helps companies decide how to prioritize their different businesses. Learn more about the growth share matrix and how it works at BCG.com.
Oct 15, 2021 · Out of all consulting frameworks, Boston Consulting Group’s growth-share matrix, also known as BCG matrix, is very popular in the industry—particularly because of a term that’s included in this framework, ‘cash cows’, which we will discuss in detail further in this article.
Jan 7, 2022 · The Boston Consulting group’s product portfolio matrix (BCG matrix) is designed to help with long-term strategic planning, to help a business consider growth opportunities by reviewing its portfolio of products to decide where to invest, to discontinue, or develop products.
Oct 15, 2023 · A popular method is the Boston Consulting Group, or BCG, matrix. Knowing what a BCG matrix is and how to use one can help you make sound financial decisions. In this article, we discuss what a BCG matrix is, ways you can use it, tips to help you create one and two examples of what a BCG matrix looks like.