Perth Tsang, Suzgo Mughogho Introduction 2 Managing portfolios is an art and a science in which executives and managers are making important decisions about investment mix and policy, how to manage income, where to allocate new investments, and balancing risk against performance. Executives and managers must get help in making these decisions as they are in charge of firms involved in many different businesses here comes the importance of the Boston Consulting Group (BCG) Matrix. The Boston Consulting Group (BCG) matrix is the best-known approach to portfolio planning, utilizing the matrix necessitates a firm’s businesses to be categorized as high or low along two main aspects which are; the share of the market and the growth rate of its industry. The matrix is divided into four main categories which are; Cash cows: high market share units within slow-growing industries. Dogs: low market share units within slow-growing industries. Stars: high market share units within fast-growing industries. Question marks: low market share units within fast-growing industries. THE Corning BCG Matrix 3 Cash cows: the Corning’s Telecommunications can be considered as the company’s Cash cows, Corning’s telecommunication business segment included optical-fiber and the cable systems business, which also manufactured hardware and equipment components for the telecommunications industry. Dogs: the life Sciences sector can be considered as Corning’s Dogs, it is responsible for the manufacturing of glass and plastic consumables for scientific applications. Stars: the Display Technologies Headquartered in Tokyo can be considered as Corning’s stars as statistics showed that by 2007, Corning’s display business was 41% of the company’s revenue and 87% of net income. Question marks: The environmental technologies segment can be considered as Corning’s Question marks, the environmental sector used to manufacture ceramic substrates and filters for automobile and diesel emission control systems to help manufacturers meet stringent emissions standards for gasoline and diesel engines on light-duty and heavy-duty vehicles. Strategy #1 with justification 4 . . . . . Strategy #2 with justification 5 . . . . . Implementation Plan 6 ? ? ? ? ? ? . Conclusion 7 . : . . . . REFERENCES 8 Chen, J. (2019, March 12). Portfolio Management. Retrieved March 22, 2019, from https://www.investopedia.com/terms/p/portfoliomanagement.asp Hanlon, A. (2018, May 25). How to use the BCG Matrix - Smart Insights Digital Marketing. Retrieved March 22, 2019, from https://www.smartinsights.com/marketing-planning/marketing-models/use- bcg-matrix/ Henderson, R. & Reavis, C. (2009). Corning Incorporated: The Growth and Strategy Council. MIT Sloan School of Management. Retrieved from: https://mitsloan.mit.edu/LearningEdge/strategy/CorningIncorporated/Pages /default.aspx Jurevicius, O. (2013, May 01). How to Focus on the Stars with a Clever BCG Matrix. Retrieved March 22, 2019, from https://www.strategicmanagementinsight.com/tools/bcg-matrix-growth- share.html Ketchen, D & Short, J. (2012). Strategic Management: Evaluation and Execution. This book is licensed under a Creative Commons by-nc-sa 3.0 license