Lesson Plan – Boston Matrix Aims To introduce the concept of the Boston Matrix Objectives Students will be able to: understand clearly the difference between market share and market growth explain what is meant by the Boston Matrix and categorise products into their relevant area of the Boston Matrix outline the advantages and disadvantages of using marketing tools such as the Boston Matrix and make judgements about the usefulness of such tools when making decisions about whether to keep or withdraw products from sale. This structure may be spread over a number of lessons as required. Timing 5 mins Stage of Lesson Introduction 5 mins 10 mins Timing 10 mins Stage of Lesson Development Teacher Activity Student Activity Market Share and Market Growth Teacher writes aims and objectives on the board. Explains that Boston Matrix is based on measurements of two areas: market share and market growth, using the lesson Market Share and Market Growth to explain the two terms. Measuring Market Share Teacher shows slide 1 of the Measuring Market Share lesson – in groups, students discuss how market share could be measured; teacher clicks to reveal the examples and works through them with the class. Teacher shows slide 2 and students discuss how market growth can be measured; teacher reveals the examples. Teacher hands out Worksheet 1. Listening and making notes. Asking questions. Teacher Activity Student Activity Exploring the Boston Matrix Teacher explains that the Boston Matrix was devised by Boston Consulting Group to compare the products of a business and work out how they are doing. Shows the Exploring the Boston Matrix lesson and clicks on the four terms to reveal what each one represents. Listening. Reading the Boston Matrix on screen and on Worksheet 2. Teacher may also like to hand out Worksheet 2 so students have a written description of the Boston Matrix. Student group activity – how can market share and growth be measured? Writing definitions and working through examples on Worksheet 1. 10 mins Teacher hands out Worksheet 3 and asks students to categorise products A to F within the Boston Matrix. Teacher goes through answers with students. Students then categorise products of a company that they know. Teacher asks students to consider the benefits to a business of preparing a Boston Matrix and also the weaknesses of the Boston Matrix. 35 mins Categorising products using the Boston Matrix on Worksheet 3. Giving ideas and make notes. Asking questions. Completing the writing frame on Worksheet 4. Asks students to give a judgement about the Boston Matrix using Worksheet 4. Teacher to go through the answers with students. Timing 5 mins Stage of Lesson Conclusion 5 mins Teacher Activity Student Activity An Example – Quick Start’s Products Teacher opens the lesson An Example – Quick Start’s Products. Clicks on the product names to reveal information about them. Checks students’ understanding of the Boston Matrix using the drag and drop activity. Teacher checks whether objectives have been met and checks understanding of the key terms at the bottom of Worksheet 4. Suggesting which category each of the four products belongs in. Listening. Asking questions. Saving work in user area. Differentiation Differentiation is firstly by application to the starter activity – less able students should still be able to contribute to the discussion of market share and market growth and the teacher should encourage this, whilst the more able will contribute actively to discussions, giving good justification and reasons behind suggestions and points of view. Worksheet 1: Easy/Medium – Students who find the calculations involved in working out market share and market growth difficult may need support, while more able students can work towards exercise 4, making judgements about relative market share growth. Worksheet 2: This worksheet provides support material for students to read and refer to – there are no activities included. Worksheet 3: Easy – All students will be able to categorise the scenario products and then the products of a company they know well. Students who find it hard to think of products for exercise 2 can be encouraged to use breakfast cereals. Worksheet 4: Medium/Hard – This worksheet provides more able students with some more challenging questions about the Boston Matrix, its benefits and limitations. They then give a judgement on its usefulness. A key terms checklist is provided for final reinforcement. Resources Computer, projector, Worksheets 1, 2, 3 and 4, access to computers for research.