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History of the BCG Matrix • 1960’s – diversification of businesses • Need for universal management tool • First implementation in 1969 by Boston Consulting Group. Portfolio Analysis • Strategic Business Unit (SBU) Definition • Single independent operation of a company • Has its ...BCG Matrix. Jun 3, 2007 •. 481 likes • 200,952 views. Vishal Wadekar. Business Economy & Finance. 1 of 19. BCG Matrix - Download as a PDF or view online for free.The basic 4 growth strategies of the Ansoff model are as follows: Market Penetration: Help in increasing the selling of existing products in the current market. Market Development: Based on selling existing products in a new market. Product Development: Focus on selling new products in an existing market. 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