📊 BCG Matrix
I. Introduction

- The BCG Matrix, (a.k.a. BCG Growth-Share Matrix), was developed by the Boston Consulting Group in the early 1970s.
- It is widely used for portfolio analysis and strategic planning.
- It helps organizations decide how to allocate resources among their various units based on market growth and market share.

II. ⚖️ Key Dimensions of Strategy
The matrix classifies business units or products into four categories based on two dimensions:
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📈 Market Growth Rate (Vertical axis) – Measures the rate of growth of the market or industry. It indicates market attractiveness.
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📊 Relative Market Share (Horizontal axis) – Measures the market share of the product/business relative to its largest competitor. It reflects competitive strength.