Think .. Matrix ! Ten useful matrices

BCG Matrix

Question Marks

Low Market ShareHigh Market Growth

Select and Divest

Low

Hig

hLow

Dogs

Low Market ShareLow Market Growth

Liquidate

Cash Cows

High Market ShareLow Market Growth

Milk

Stars

High Market ShareHigh Market Growth

Invest

High

Relative Market Share

Mark

et

Gro

wth

Rate

Mckinsey Matrix

Low Business StrengthHigh Market

Attractiveness

Build Selectively

Low

Hig

hLow

Low Business StrengthLow Market

Attractiveness

Divest

Medium

Business Strength / Competitive Strength

Mark

et

Att

racti

ven

ess

Low Business StrengthMedium Mkt.

Attractiveness

Harvest

Medium Business Strength

High Market Attractiveness

Invest & Build

Medium Business Strength

Low Market Attractiveness

Manage & Earn

Medium Business Strength

Medium Mkt. Attractiveness

Select & Manage

High Business StrengthHigh Market

Attractiveness

Leader : Protect

High Business StrengthLow Market

Attractiveness

Protect & Refocus

High Business Strength

Medium Mkt. Attractiveness

Select & Build

High

Med

ium

Ansoff Matrix

Existing ProductsNew Markets

Market Development

Existing Products

New

Mark

ets

Exis

tin

g

Mark

ets

Existing ProductsExisting Markets

Market Penetration

New ProductsExisting Markets

Product Development

New ProductsNew Markets

Diversification

New Products

Products or Services

Mark

ets

Risk Management Matrix

Some concern

Low Impact High Probability

Checks to Limit risks

Low Impact

Hig

h

Pro

bab

ilit

yLow

p

rob

ab

ilit

y

Low concern

Low ImpactLow Probability

Ignore & Deal when occurs

High concern

High ImpactLow Probability

Adapt & Reduce Consequences

Priority

High Impact High Probability

Plan Contingency

High Impact

Likely Impact

Pro

bab

ilit

y o

f occu

rren

ce

Stephen Covey’s Time Management Matrix

Quality & Personal LeadershipNot UrgentImportant

Focus on GoalsHealth

True RecreationRelationship Building

Preparations & Action Plan

Not Urgent

Imp

ort

an

tN

ot

Imp

ort

an

t DeceptionNot Urgent

Not Important

Avoid Distractions Popular activities

Interruptions, some callersProximate, pressing matters

Some mail, reports , meetings

WasteUrgent

Not Important

Avoid InterruptionsTrivia

Time wastersEscape Activities

Junk , Mindless Web Browsing etc.

NecessityUrgent

Important

Manage Critical activities

CrisisDeadlines

Pressing ProblemsMedical emergencies

Urgent

Urgency

Imp

ort

an

ce

Efficiency and Effectiveness Matrix

Low EffectivenessHigh Efficiency

Right ThingsWrong Way

Low Effectiveness

Hig

h

Effi

cie

ncy

Low

Effi

cie

ncy

Low EffectivenessLow Efficiency

Wrong ThingsWrong Way

High EffectivenessLow Efficiency

Wrong ThingsRight Way

High EffectivenessHigh Efficiency

Right ThingsRight Way

High Effectiveness

Effectiveness (Right way)

Effi

cie

ncy (

Rig

ht

Th

ing

s)

Fred Nickols Strategy and Execution Matrix

Flawed StrategyExcellent Execution

Flirting withDisaster

Flawed

Excellen

tP

oor

Flawed StrategyPoor Execution

Doomed fromthe beginning

Sound StrategyPoor Execution

A botched job

Sound StrategyExcellent Execution

A pretty Good chance

Sound

Strategy

Execu

tion

Negotiation Strategy Matrix

Defeat

Low concern for Relationship

High concern for Issue

You Win-They LoseBe a winner at any cost

Low

Hig

hLow

Withdraw

Low concern for Relationship

Low concern for Issue

You Lose- They LoseTake whatever you can get

Accommodate

High concern for Relationship

Low concern for Issue

You lose-They WinBuild friendly relationships

Collaborate

High concern for Relationship

High concern for Issue

You Win-They WinCreatively Solve the problem

High

Concern for Relationship

Con

cern

for

Issu

e

Pricing Strategy Matrix

Low PriceHigh Quality

Under Priced

Low

Hig

hLow

Low PriceLow Quality

Cheap

Medium

Price

Qu

ality

Low PriceMedium Quality

Real Bargain

Medium PriceHigh Quality

Ideal for Penetration

Medium PriceLow Quality

Unhappy Customers

Medium PriceMedium Quality

Average

High PriceHigh Quality

Premium

High PriceLow Quality

Sell and Run

High PriceMedium Quality

Over Priced

High

Med

ium

Skill-Will Matrix

Low WillHigh Skill

Coach

Low

Hig

hLow

Low WillLow Skill

Supervise

High WillLow Skill

Support

High WillHigh Skill

Delegate

High

Will (Know – Why)

Skill (K

now

-How

)