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Explain the Philips Hi-Lo Matrix What action plans are required for people in each of the quardrants?
Wiki User
∙ 13y ago
The Philips Hi - Lo matrix is an adaption of the BCG matrix adapted for Potential v/s Performance assessment with the 'x' axis for Performance and the 'y' axis for potential.
People get grouped under various heads like Lo - Lo, Lo - Hi,Hi -Lo and Hi - Hi. and are accordingly rated as Problem Children,Senior Citizens,Enigma's and Stars.
The results are normally factored for succession planning,Intellectual capital development and Talent Transformation, Potential / Performance measurement, Tracking and enhancement and for alignment with vertical mobility and horizontal enrichment scenarios...
Wiki User
∙ 13y ago
The Philips Hi-Lo matrix classifies products into four quadrants based on market attractiveness and business strength. The action plans required depend on which quadrant a product falls into: High-High quadrant needs investment to maintain growth, High-Low quadrant requires strategic decisions on sustaining or divesting, Low-High quadrant necessitates growth strategies, and Low-Low quadrant involves cost reduction or divestment. Each quadrant demands tailored actions to optimize the product portfolio.
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