Find mission statements from five Fortune companies, then rank them from best 1 to worst 5 and discuss why you ranked them in that order. Which mission statements did you really like? How would you modify the mission statement you ranked last to make it better?
Friday, January 30, Boston Consulting Group: Another Dark Horseman Word went out today that immediately after Arkansas decided to make Little Rock Schools non-public, the Walton family called a "focus group" meeting "in conjunction with the Boston Consulting Group.
This is worse than finding the slender man in the back of your family portrait. For a public school system, this is finding the grim reaper at your front door. And he's not selling cookies. The Boston Consulting Group is often referred to as " management consulting group.
People love working there, and the people who work there are recruited heavily from the very toppest universities. These are the guys that Fortune companies call for help making money.
Forbes lists them as America's th largest private company. Gutting and stripping school districts does not even require a tenth of their power or attention. They are officially scary. Read up on BCG and you find they have mainly three big claims to fame, and all of them are deeply bad news for public education.
Bank of America SWOT analysis, segmentation, targeting & positioning (STP) are covered on this page. Analysis of Bank of America also includes its USP, tagline/ slogan and competitors. Bank of America SWOT analysis, segmentation, targeting & positioning (STP) are covered on this page. Bank Mergers and the Critical Role of Systems Integration With mergers and acquisitions (M&A) on an upward trend in the Bank of America’s acquisition of mortgage lender Countrywide in , which cost the bank more Parag Gaikwad is a Senior Consultant with Cognizant’s Banking and Financial Services’ Business Consulting Group. He. MLPF&S and Bank of America, N.A. make available investment products sponsored, managed, distributed or provided by companies that are affiliates of BofA Corp or in which BofA Corp has a substantial economic interest.
This is the growth-share matrix, used to help a corporation to decide how to allocate resources aka how to figure out which losers could be starved out. The experience curve is even simpler. The more a task is performed, the lower the cost of performing it.
In other words, if you can reduce a process manufacturing, service, whatever to a series of simple tasks that will be repeated over and over, you can reduce the cost of the process. This advantage matrix lets us divide businesses into one of four types in order to figure out which strategy best lets us cash in.
For instance, when a business is scaleable but hard to do differentiation in, the answer is volume volume volume. BCG's arrival in Little Rock is unsurprising; they've been around the education block several times. They were in the news just last week when Parents United finally won a long court case to be allowed to see BCG's super-duper secret plans for Philadelphia schoolsdrawn up way back when Philly was first turned into one of the nation's largest non-public school systems, run by state-appointed executives rather than an elected board.
A major feature of BCG's plan for Philly seems to be standard for them-- close this bunch of schools, and open up some nifty charters. In other words, cut off resources to the dogs.
That's a little less than the starting salary for a teacher in Philly. BCG has proposed a similar program in Memphis.
And they helped write North Carolina's Race to the Top bid all these painful details and more can be found in this article at The Common Errant.
Strive in Cincinnati-- that's BCG, too. And last fall, they were spotted doing development planning for Connecticut 's education sector. The BCG "report" put forth three recommendations: Business action is urgently needed to ensure Common Core State Standards are actually put into practice, for example.
Business leaders can partner with educators to scale up innovations that are already showing results. Business can help educators set and implement comprehensive strategies to upgrade education in specific cities and towns. Yeah, that all sounds familiar, too. Their second piece of reportage"Partial Credit: How America's School Superintendents See Business As a Partner" because why talk about teachers-- these kinds of important dealings don't involve The Help who will do as their told when it's time to tell themoffers some concrete advice: To get this job done, we must all work together.
That all reaches a fuller pitch in "Lasting Impact: It starts with an introduction that quotes the "rising tide of mediocrity," stops at "fortunately, we don't have to settle for incrementalism any more" and barrels down to more detailed discussion of the three strategies listed above.
I may take you on a more detailed tour of this twenty-seven page tome, but for the moment, I don't have the heart to add one more gloomy chapter to this dark tale. Suffice it to say that it is a veritable bible for the corporate reformster. Say a little prayer for the formerly public schools of Little Rock, because BCG is in town and they're sharpening their axe.BCG Digital Ventures is a corporate investment and incubation firm.
We invent, build and invest in startups with the world's most influential companies. The BCG matrix evaluates an organization's various businesses to identify which ones offer high potential and which ones drain organizational resources. True Stars, one of the four business groups in the BCG matrix, are characterized by low growth and low market share.
How to Construct BCG Matrix mbalectures December 9, December 9, 6 Comments In the early ’s, BCG Matrix was submitted by Bruce Henderson of the Boston Consulting Group (BCG).
The BCG Matrix - or Boston Matrix - was developed by The Boston Consulting Group in the late 60s as a way for companies to develop strategies for their different product lines. Although the concepts of Cash Cows, Dogs, Question Marks and Stars may described are used more widely in large business they may be applied to business of all sizes.
When Microsoft decided to introduce Windows and toning down DOS, it was all against conventional wisdom. MS DOS had been a cash cow for Microsoft and MS Windows was a product, for which customer. The Boston Consulting Group matrix evaluates SBUs on two important dimensions: the attractiveness of the SBU's market or industry growth rate and the strength of the SBU's position or relative market share in that market or industry.