Growth-Share (Marketing)
Animated whiteboard explainer: Growth-Share (Marketing)
Overview
What if you could predict which products will drive your company's future growth? The Growth-Share Matrix, developed by Boston Consulting Group, offers a powerful way to evaluate business units based on market growth and competitive position.
Key Components
Used by companies worldwide, this framework helps identify stars, cash cows, question marks, and dogs—each representing different strategic opportunities and challenges. Visualized as a grid, the matrix plots market growth on one axis and market share on the other, revealing where resources should be allocated.
How to Apply
By applying this model, businesses can make informed decisions about investment, expansion, or divestment. Understanding this framework is key to shaping sustainable growth.