Tom SpencerThe BCG growth share matrix is a simple conceptual framework for resource allocation within a firm 1. Background to the BCG matrix IN 1968, BCG developed the growth share matrix, which is a simple conceptual framework for resource allocation within a firm. 2. Purpose of the BCG matrix The BCG matrix is a simple tool […]
WARREN Buffett‘s 2006 letter to shareholders makes for very interesting reading. One of the sentiments that Buffett expresses in the very first page of his letter is one of gratitude to the managers who have run his companies over the last 42 (now 44) years. Buffett indicates that he and Charlie Munger, Berkshire’s vice chairman, […]
SWOT Analysis is a strategic planning tool used to evaluate the strengths, weaknesses, opportunities, and threats involved a business venture 1. SWOT Analysis Explained ALBERT Humphrey is credited with inventing the SWOT analysis technique. SWOT analysis is a strategic planning tool used to evaluate the strengths (S), weaknesses (W), opportunities (O), and threats (T) involved a business […]