ManagementParadise.com : Worlds Leading Management Portal. MBA | Classroom, Boardroom and Beyond


Go Back   ManagementParadise.com Forums - Your MBA Online Degree Program and Management Students Forum for MBA,BMS, MMS, BMM, BBA, students & aspirants. > Projects HUB for Management Students ( MBA Projects and dissertations / BMS Projects / BBA Projects > PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT > Principles of Management ( P.O.M)

SWOT ANALYSIS ON Steinway & Sons

SWOT ANALYSIS ON Steinway & Sons

Discuss SWOT ANALYSIS ON Steinway & Sons within the Principles of Management ( P.O.M) forums, part of the PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT category; Steinway & Sons, also known as Steinway, (pronounced /ˈstaɪnweɪ/ ( listen)) is an American and German manufacturer of handmade[4] pianos, ...

Reply

 

LinkBack Thread Tools Display Modes
Advertisements
SWOT ANALYSIS ON Steinway & Sons
Old
 (1 (permalink))
Abhijeet S
abhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to behold
 
abhishreshthaa
Operations Manager at Management Paradise
Management Paradise Guru
 
Status: Offline
Posts: 7,045
Join Date: May 2010
SWOT ANALYSIS ON Steinway & Sons - November 30th, 2010

Steinway & Sons, also known as Steinway, (pronounced /ˈstaɪnweɪ/ ( listen)) is an American and German manufacturer of handmade[4] pianos, founded in 1853 in New York City, by German immigrant Heinrich Engelhard Steinweg (later Henry E. Steinway).[5] The company's growth led to the opening of a factory and employee village in what is now Astoria, Queens in New York City,[6] followed by a second factory in Hamburg, Germany, in 1880.[7] Its early success has been credited both to the quality of its instruments and its effective marketing, including the company's introduction of Steinway Halls (in German: Steinway-Häuser).

Heinrich Engelhard Steinweg's dedication was: "To build the best piano possible".[9] He established at his company three basic principles: "Build to a standard, not a price", "Make no compromise in quality", and "Strive always to improve the instrument".[10] Research and inventions by the company have earned it so far around 130 patents, a greater number than any other piano company.


Strengths

* Cost advantage
* Innovation
* Loyal customers
* Market share leadership
* Strong management team
* Strong brand equity
* Supply chain
* Pricing
* Reputation management

Weaknesses

* Core/Highest margin products are focused on old technology & designs
* Not keeping pace with competitors such as Gibson USA at bringing new technologies to the marketplace.

Opportunities

* Acquisitions
* Emerging markets and expansion abroad
* Product and services expansion
* Takeovers

Threats

* Competition
* Cheaper technology
* Economic slowdown
* Exchange rate fluctuations
* Lower cost competitors or imports
* Price wars
* Product substitution
Advertisements


Help Others > Network > Grow


Work with us part time/full time as forum moderator. Email us your resume on careers @ managementparadise.com PLS PRESS THANKS BUTTON IF U LIKED MY POST.


To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.
Friends: (0)
Reply With Quote
The Following User Says Thank You to For This Useful Post:
Related to SWOT ANALYSIS ON Steinway & Sons
 

Similar Threads

Thread Thread Starter Forum Replies Last Post
SWOT ANALYSIS ON MCI, Inc Abhijeet S Principles of Management ( P.O.M) 0 November 30th, 2010 01:56 PM
SWOT ANALYSIS ON ACN, Inc. Abhijeet S Principles of Management ( P.O.M) 0 November 26th, 2010 03:11 PM
Pest Analysis & Swot analysis Karan Shah Business Environment (B.E) 0 July 30th, 2010 01:21 AM
SWOT ANALYSIS shrey420 Premium Project Reports 0 January 2nd, 2010 09:43 PM
SWOT analysis Mittal Shah Marketing Research 3 June 12th, 2008 12:22 AM
 

Reply

Bookmarks

Tags
bad communication, brand equity, cost advantage, development labs, financial position, german manufacturer, global experience, handmade pianos, heinrich engelhard, high r&d, high-quality, loyal customers, manufacturing base, market share, new york city, pricing, process development, risk management, services expansion, steinway & sons, strong brand, strong management, supply chain, swot analysis, swot of us companies

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


» Login
Forgot Password?  New User?
  

» Ads





» Recent Threads

Mutual Fund Project ( 1 2)
Last post by Palak Agarwal
5 Hours Ago 09:09 PM
13 Replies
INTRODUCTION OF...
Last post by Palak Agarwal
5 Hours Ago 09:06 PM
2 Replies
Epic Research Update :...
Last post by Epic Research
10 Hours Ago 04:24 PM
1 Replies
Epic Research Update :...
Last post by Epic Research
10 Hours Ago 04:20 PM
1 Replies
Can facebook can be used... ( 1 2 3)
Last post by Kiky Idforq
11 Hours Ago 03:20 PM
29 Replies
Indians Perform Better...
Last post by Kiky Idforq
11 Hours Ago 03:18 PM
3 Replies
Hard work or Smart work... ( 1 2)
Last post by Kiky Idforq
11 Hours Ago 03:17 PM
14 Replies
Should tobacco companies...
Last post by Kiky Idforq
11 Hours Ago 03:15 PM
4 Replies
Are english skills...
Last post by Kiky Idforq
11 Hours Ago 03:14 PM
7 Replies
Wisdom does not come...
Last post by Kiky Idforq
11 Hours Ago 03:12 PM
3 Replies
Download more than 300...
Last post by Abhaya Panda
13 Hours Ago 01:30 PM
3 Replies
Happy Dhanteras Quotes,...
Last post by Krunal Dhabhi
16 Hours Ago 10:51 AM
1 Replies
Solution manual on...
Last post by Andrew Ken
20 Hours Ago 06:35 AM
1 Replies
Marketing Strategies for... ( 1 2 3)
Last post by Waheed Jan
1 Day Ago 10:26 PM
24 Replies
International Marketing ( 1 2 3... Last Page)
Last post by Waheed Jan
1 Day Ago 09:54 PM
77 Replies

» Projects Helpline

Solution manual on...
Last post by Andrew Ken
20 Hours Ago 06:35 AM
Stock Marketing TYBMS...
Last post by Rajat Audichya
5 Days Ago 05:42 PM
CRM- Hotel Industry
Last post by Matt Martin
6 Days Ago 10:32 PM
advertising in telecom...
by kpis_02
Last post by Mohit Utmani
6 Days Ago 10:45 AM
ManagementParadise.com is not responsible for the views and opinion of the posters. The posters and only posters shall be liable for any copyright infringement.


Management Paradise
About Us
Press
Jobs
Contact Us
Kartik Raichura
Legal
Terms & Conditions
Privacy Policy
Disclaimer
Copyrights
Help
Zeitgeist
Support
FAQs
Tour
Feedback
Partners
Follow
Copyright © 2004 - 2013 Management Paradise. Site Developed by Available.co.in