More like this
This Boston matrix template will help you decide where you will put effort and resources based on the analysis of an organization’s portfolio of products, services, or business units.
The products, services, and business units from a business portfolio are classified into four categories:
They are in a high-growth market and have a high market share and growth rate. They need to invest in them continually.
They are in a low growth market and maintain a significant market share. They do not need a big investment to be sustained.
They are in a low growth market and have a low market share. They will not return the money invested and can bring you losses.
They are in a high growth market and have a low market share. They require significant investment to reach their potential, but sometimes they can fail.
Also, you will have to think about the actions you need to take to balance the matrix.
Wildcats need continual attention, to ensure that they turn into Stars, or are revised before losses mount up.
The issues that make Wildcats risky must be stabilized.
How will you control Wildcats?
Type in an idea.
It may be better to divert resources away from Dogs into other areas with more growth potential, by either selling or discontinuing them.
But if they need more investment, then they should be made to compete with other investment opportunities.
What will you do with Dogs?
Type in an idea.
Cash Cows generate profit and allow you to take chances on Wildcats. It is important to maintain these Cash Cows for as long as they are profitable.
Eventually, they will migrate to Dogs and will start to cost money and opportunities.
How will you protect Cash Cows?
Type in an idea.
When the market for your Star products or services levels off, you need to ensure that you maintain a strong market share so that you can continue to make a return on investment.
How will Stars become Cash Cows?
Type in an idea.
Typical lifecycles are:
Do you have enough Wildcats, Stars and Cash Cows?
What action do you need to take to balance the matrix? Type in an idea.
Whose portfolio are you analyzing?
Type in the name of the organization whose portfolio you are analyzing.
Dogs are products, services or business units that:
Type in a Dog product, service or business unit.
Wildcats are products, services or business units that:
Type in a Wildcat product, service or business unit.
Cash Cows are products, services, and business units that:
Type in a Cash Cow product, service or business unit.
Stars are products, services or business units that:
Type in a Star product, service or business unit.
Mind maps help you brainstorm, establish relationships between concepts, organize and generate ideas.
However, mind map templates offer an easier way to get started, as they are frameworks that contain information about a specific subject with guiding instructions. In essence, mind map templates ensure the structure that combines all the elements of a specific subject and serves as a starting point for your personal mind map. They are a resource for providing a practical solution to create a mind map on a particular topic, either for business or education.
Mindomo brings you smart mind map templates that allow you to function and think effortlessly.
Descriptive topics
Topics with background text
Default branch
Removing the template data
You can choose from a variety of mind map templates from Mindomo's business or educational accounts, or you can create your own mind map templates from scratch. Any mind map can be transformed into a mind map template map by adding further guiding notes to one of its topics.
