Hofer–Schendel Market Evolution Matrix: C.W. Hoffer and R. Schendel: 1978
I. Introduction
The Market Evolution Matrix by C.W. Hoffer and R. Schendel outlines how a Strategic Business Unit (SBU) evolves over time based on changes in product offerings and market characteristics.
It focuses on the strategic positioning of businesses during industry and market evolution — unlike the Ansoff Matrix which focuses more on immediate growth options.