Fire fighting mode: Crises, real hard deadlines for important project, health & family emergencies, etc… Quadrant 1 is the urgent important quadrant: Things that you should definitely NOT ignore.
However, spending too much time in fire fighting mode will lead to stress and burn out.
How good is BCG
Productive and competitive. One of the biggest consulting companies in the world and the fastest growing strategy consulting firm in India.
The culture is really good and perks are good compared to other India firms.
What is BCG famous for
BCG’s leadership is well-known for investing early on in their teams, and to most, this is a huge benefit to working at BCG.
BCG is also well-known for being a firm that works with integrity and is very involved in social justice and community service.
How do you calculate market share in BCG
Relative market share can be calculated in terms of revenues or market share. It is calculated by dividing your own brand’s market share (revenues) by the market share (or revenues) of your largest competitor in that industry.
Which quadrant should we focus more of our time on
Learn how to properly use the Time Management Quadrant so you can focus on the important things in life and prioritize staying in the second quadrant.
You will start to notice that if you spend the majority of your time in quadrant two, that you will actually end up having less items in quadrant one.
What is CPM matrix
A Competitive Profile Matrix (CPM) is an analytical tool that provides necessary information of competitive advantage based on critical success factors and serves as the basis for an organization’s strategy.
This paper provides for understanding the basic concepts of CPM and its usability in strategy formulation.
What is Ge matrix with example
The GE-McKinsey Matrix (a.k.a. GE Matrix, General Electric Matrix, Nine-box matrix) is just like the BCG Matrix a portfolio analysis tool used in corporate strategy to analyse strategic business units or product lines based on two variables: industry attractiveness and the competitive strength of a business unit.
Where is BCG vaccine injected
The BCG vaccine is given by an injection just under the skin, usually on the upper left arm.
Sometimes, a test may need to be done before receiving the BCG vaccine. If there is a chance your child has already been infected with TB, the doctor will arrange for a TB skin test (Mantoux test).
What is the basis of GE 9 cell model
The GE matrix was developed by Mckinsey and Company consultancy group in the 1970s.
The nine cell grid measures business unit strength against industry attractiveness and this is the key difference.
Whereas BCG is limited to products, business units can be products, whole product lines, a service or even a brand.
How do you prioritize tasks in quadrant
Eliminate, then prioritize Eliminate unnecessary tasks first to effectively prioritize. With this strategy, you’ll address quadrant four before moving on to quadrants one, two, and three.
As you skim through your to-do list, assess what items you’ve written down that don’t need to be there.
At what age is BCG vaccine given
BCG vaccination is recommended for people aged 16 to 35 who are at occupational risk of TB exposure, including: healthcare workers or laboratory workers who have either direct contact with patients with TB or with potentially infectious clinical samples and materials.
Why does BCG vaccine leave a mark
The BCG vaccine contains live attenuated Mycobacterium bovis and following intradermal injection the BCG vaccine elicits a local immune response.
This response most often results in an ulcer that heals over weeks and leaves a flat permanent scar at the injection site [2].
Why is it called Eisenhower Matrix
It is also known as the Urgent/Important Matrix, Time Management Matrix and the Eisenhower Method.
The Eisenhower Matrix gets its name from the 34th president of the United States, Dwight D. Eisenhower, who was quoted saying, “I have two kinds of problems, the urgent and the important.
What is tow matrix
TOWS matrix can be defined as a framework to create, compare, decide and access business strategies.
It stands for Threats, Opportunities, Weaknesses and Strengths. It examines a business from an approach that references marketing and administration.
What are stars in the growth-share matrix
Stars – Stars have a high growth rate in a high growth market. They both make and consume large amounts of capital.
As market growth declines and the star holds onto its market share, it becomes a cash cow that can generate revenue for future innovation and investment.
Why do we use SPACE matrix
The SPACE matrix is a management tool used to analyze a company. It is used to determine what type of a strategy a company should undertake.
What are the 3 D’s of the productivity process
Productivity, Efficiency & the Three Ds: Do It, Defer It or Delegate It (to Civil Action Group) If your goals this year include being more productive and more efficient, assessing your habits and simplifying some of your strategies around workload are great places to start.
What are the 4 types of business strategies?
- Organizational (Corporate) Strategy
- Business (Competitive) Strategy
- Functional Strategy
- Operating Strategy
What does the Colour yellow represent
It isn’t surprising that yellow symbolizes happiness, warmth and sunshine in most cultures; these are characteristics of the yellow sun and its effects.
Is the first step in strategic formulation
Formulate a Strategy The first step in forming a strategy is to review the information gleaned from completing the analysis.
Determine what resources the business currently has that can help reach the defined goals and objectives.
Identify any areas of which the business must seek external resources.
What are the 4 levels of prioritizing tasks?
- Urgent and important
- Important, but not urgent
- Urgent, but not important
- Neither urgent nor important
What is GE model
The G. E. Business Model as known as the McKinsey Matrix is defined as, “The GE-McKinsey nine-box matrix is a strategy tool that offers a systematic approach for the multi-business corporation to prioritize its investments among its business units”.
What are the five Ps of strategy
Each of the 5 Ps is a different approach to strategy. They are Plan, Ploy, Pattern, Position, and Perspective.
How do you position your brand?
- Assess your current brand positioning
- Identify and research your competitors
- Compare your positioning to your competition
- Pinpoint what makes your brand unique
- Create a brand positioning statement
- Implement your new brand positioning
What is a star in marketing
Stars (high share and high growth) This means that star products can be seen as market leading products.
These products will need a lot of investment to retain their position, to support further growth as well as to maintain its lead over competing products.
What is market growth rate
The rate at which a market’s size is increasing. This is usually expressed as a percentage per annum.
Market growth comparisons are a primary barometer of the progress of a business.
What are the four major growth strategies?
- Market penetration
- Market development
- Product development
- Diversification
What is an example of a cash cow
An example of a cash cow is Apple’s iPhone. Another example is Kleenex tissues.
Both products have a large market share in a slow growth-rate industry. As a result, these products require little investment while generating a steady income flow.
What is a cash hog
A cash hog is a business unit that generates too little cash flow to completely fund its own operation.
Such a business often requires cash from other sources or other business units to survive.
What is the opposite of cash cow
Opposite of dependable source of steady income. drain on resources. financial drain. financial liability. money down the drain.
References
https://mpra.ub.uni-muenchen.de/84237/1/MPRA_paper_84237.pdf
https://www.oxfordlearninglab.com/p/the-boston-matrix
https://www.investopedia.com/terms/c/cashcow.asp
https://www.civilserviceindia.com/subject/Management/notes/growth-strategies.html
https://thinkinsights.net/strategy/bcg-advantage-matrix/
