When to use it
- You run several products or activities with limited resources.
- You must justify your investment trade-offs.
- You want a finer ranking than a four-box matrix.
How to do it, step by step
- List your businesses or products.
- Choose criteria for market attractiveness (size, growth, competition…) and for business strength (market share, know-how, profitability…).
- Score each business on each criterion, with weightings.
- Place each business in the 9-box grid.
- Decide: invest, select, or harvest and withdraw.
Example
A business in a fast-growing market where the company is already well placed: invest. A business in a declining market where it is weak: consider withdrawing.
In FluidOps
In FluidOps' “Other tools” tab, fill in the board with your team, save it and export it as PNG or PDF.
Going further
- 5 criteria so you don't pick the wrong project management tool
- Project performance indicators: the ones that actually matter