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Post by account_disabled on Dec 31, 2023 22:25:02 GMT -6
The Simple Representation Consists of a Grid With Four Fields. Terms How You Can Grow Your Company . On the One Hand, There is the Existing Market. In This You Grow With Existing Products (Market Penetration) or New Products (Product Development). On the Other Hand, You Can Conquer New Markets by Copying Existing Products (Market Development) or Shine With New Developments (Diversification). The 9-field Matrix the 9-field Matrix is an Extension of the Ansoff Matrix. It Consists of New Measures Such as Product Modification and Targeting New Target Groups. This Results in, Among Other Things, Limited and Partial Diversification. Swot Analysis the Swot Analysis Itself is Not a Strategy. But You Should Do This as Basic Work to Be Able C Level Contact List to Develop a Direction. With the Swot Analysis You Can Find Out the Current Status of Your Company. The Result is: Strengths: the Strengths Weaknesses: the Weaknesses Opportunities : the Opportunities Threats: the Risks for Example, if You Know How Your Products Are Better Than Those of Your Competitors. You Will Gain an Important Basis for Your Growth Strategy. And if You Eliminate the Identified Weaknesses, Change Will Progress More Quickly. Bcg Matrix the Bcg Matrix Developed by the Boston Consulting Group Should Also Be Part of Your “homework” Before Formulating a Strategy . In This Way, You Record Whether Your Products Are Stars (High Growth and Large Market Share), Question Marks (High Growth, Low Market Share), Cash Cows (Low Growth but High Market Share) or Poor Dogs (Low Market Growth and Low Market Share.
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