What are the 4 BCG matrix?
The BCG growth-share matrix contains four distinct categories: “dogs,” “cash cows,” “stars,” and “question marks.”
What is meant by HR matrix?
HR metrics, or human resources metrics, are key figures that help organizations track their human capital and measure how effective their human resources initiatives are. Examples of such data include turnover, cost-per-hire, benefits participation rate, and others (we’ll get into more of them later).
How does BCG matrix work?
The ideal circle of the BCG matrix The ideal situation as suggested by the BCG matrix is the following: The company invests in promising Question marks to turn them into Stars. By further investing, Stars are turned into Cash cows. The company harvests all the cash until the Cash cows eventually turn into dogs.
Why is BCG matrix important?
The Boston Consulting group’s product portfolio matrix (BCG matrix) is designed to help with long-term strategic planning, to help a business consider growth opportunities by reviewing its portfolio of products to decide where to invest, to discontinue, or develop products. It’s also known as the Growth/Share Matrix.
How do companies use BCG matrix?
To use the BCG matrix, a company will review its portfolio of products or SBUs, then allocate them to one of four quadrants based on their market share, growth rate, cash generation and cash usage. This is then used to determine which products receive investment, and which are diversified from.
What is the purpose of BCG matrix?
The Boston Consulting group’s product portfolio matrix (BCG matrix) is designed to help with long-term strategic planning, to help a business consider growth opportunities by reviewing its portfolio of products to decide where to invest, to discontinue, or develop products.
How is HR ROI calculated?
To calculate ROI by the human capital formula, divide the organization’s net revenue – gross revenue after deducting operating expenses, salaries and benefits – by the cost of salaries and benefits, reports HRMS World.
What is HR to FTE ratio?
The HR to employee ratio is the number of HR staff (expressed in FTE, or Full-Time Equivalent) divided by the number of total staff in an organization (also expressed in FTE).