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In: Operations Management

How to apply the BCG Matrix on school business, in detail?

How to apply the BCG Matrix on school business, in detail?

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Expert Solution

The Boston Consulting Group matrix provides recommendations for the development of strategic resource allocation and strategy development in the typical multi-business company. It has two factors to consider, one being the market share while other is the market growth when viewed within the context of the company's overall ‘business portfolio’. The below illustrations depicts every detail under each section and after which we will look into the school business.

STARS -

  • Programs related to health and fitness for educating students: under this, we can easily analyze the scenario followed by its demand and supply policy. Demand vastly exceeds supply and there is very little existence of competition with the most pricing power.

QUESTION -

  • Basics amenities required for education: these fall under the second category which has high market growth, with every education business they must be acquired.

COW -

  • Transportation facilities: definitely these are something that has good market acquisition but they do not have any growth in terms of investment returns.

DOG -

  • Recruitment process: The recruitment process is the one which is not feasible for the education business but they must be maintained and the business tries to keep them working as it helps other segments to work and function properly. They do not have any share and growth of their own.

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