Gabelli MultiMedia Mutual Fund (GGT) SWOT Analysis / TOWS Matrix / MBA Resources
Misc. Financial Services
Strategy / MBA Resources
Introduction to SWOT Analysis
SWOT Analysis / TOWS Matrix for Gabelli MultiMedia Mutual Fund (United States)
Based on various researches at Oak Spring University , Gabelli MultiMedia Mutual Fund is operating in a macro-environment that has been destablized by – banking and financial system is disrupted by Bitcoin and other crypto currencies, supply chains are disrupted by pandemic , customer relationship management is fast transforming because of increasing concerns over data privacy, wage bills are increasing, there is increasing trade war between United States & China, central banks are concerned over increasing inflation, increasing transportation and logistics costs,
increasing energy prices, increasing commodity prices, etc
Introduction to SWOT Analysis of Gabelli MultiMedia Mutual Fund
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University, we believe that Gabelli MultiMedia Mutual Fund can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Gabelli MultiMedia Mutual Fund, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Gabelli MultiMedia Mutual Fund operates in.
According to Harvard Business Review, 75% of the managers use SWOT analysis for various purposes such as – evaluating current scenario, strategic planning, new venture feasibility, personal growth goals, new market entry, Go To market strategies, portfolio management and strategic trade-off assessment, organizational restructuring, etc.
SWOT Objectives / Importance of SWOT Analysis and SWOT Matrix
SWOT analysis of Gabelli MultiMedia Mutual Fund can be done for the following purposes –
1. Strategic planning of Gabelli MultiMedia Mutual Fund
2. Improving business portfolio management of Gabelli MultiMedia Mutual Fund
3. Assessing feasibility of the new initiative in United States
4. Making a Misc. Financial Services sector specific business decision
5. Set goals for the organization
6. Organizational restructuring of Gabelli MultiMedia Mutual Fund
Strengths of Gabelli MultiMedia Mutual Fund | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Gabelli MultiMedia Mutual Fund are -
Low bargaining power of suppliers
– Suppliers of Gabelli MultiMedia Mutual Fund in the Financial sector have low bargaining power. Gabelli MultiMedia Mutual Fund has further diversified its suppliers portfolio by building a robust supply chain across various countries. This helps Gabelli MultiMedia Mutual Fund to manage not only supply disruptions but also source products at highly competitive prices.
Diverse revenue streams
– Gabelli MultiMedia Mutual Fund is present in almost all the verticals within the Misc. Financial Services industry. This has provided Gabelli MultiMedia Mutual Fund a diverse revenue stream that has helped it to survive disruptions such as global pandemic in Covid-19, financial disruption of 2008, and supply chain disruption of 2021.
Analytics focus
– Gabelli MultiMedia Mutual Fund is putting a lot of focus on utilizing the power of analytics in business decision making. This has put it among the leading players in the Misc. Financial Services industry. The technology infrastructure of United States is also helping it to harness the power of analytics for – marketing optimization, demand forecasting, customer relationship management, inventory management, information sharing across the value chain etc.
Highly skilled collaborators
– Gabelli MultiMedia Mutual Fund has highly efficient outsourcing and offshoring strategy. It has resulted in greater operational flexibility and bringing down the costs in highly price sensitive Misc. Financial Services industry. Secondly the value chain collaborators of Gabelli MultiMedia Mutual Fund have helped the firm to develop new products and bring them quickly to the marketplace.
Learning organization
- Gabelli MultiMedia Mutual Fund is a learning organization. It has inculcated three key characters of learning organization in its processes and operations – exploration, creativity, and expansiveness. The work place at Gabelli MultiMedia Mutual Fund is open place that encourages instructiveness, ideation, open minded discussions, and creativity. Employees and leaders at Gabelli MultiMedia Mutual Fund emphasize – knowledge, initiative, and innovation.
Organizational Resilience of Gabelli MultiMedia Mutual Fund
– The covid-19 pandemic has put organizational resilience at the centre of everthing Gabelli MultiMedia Mutual Fund does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.
Strong track record of project management in the Misc. Financial Services industry
– Gabelli MultiMedia Mutual Fund is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.
Training and development
– Gabelli MultiMedia Mutual Fund has one of the best training and development program in Financial industry. The effectiveness of the training programs can be measured in – employees retention, in-house promotion, loyalty, new venture initiation, lack of conflict, and high level of both employees and customer engagement.
High brand equity
– Gabelli MultiMedia Mutual Fund has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled Gabelli MultiMedia Mutual Fund to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
Ability to recruit top talent
– Gabelli MultiMedia Mutual Fund is one of the leading players in the Misc. Financial Services industry in United States. It is in a position to attract the best talent available in United States. The firm has a robust talent identification program that helps in identifying the brightest.
High switching costs
– The high switching costs that Gabelli MultiMedia Mutual Fund has built up over years in its products and services combo offer has resulted in high retention of customers, lower marketing costs, and greater ability of the firm to focus on its customers.
Sustainable margins compare to other players in Misc. Financial Services industry
– Gabelli MultiMedia Mutual Fund has clearly differentiated products in the market place. This has enabled Gabelli MultiMedia Mutual Fund to fetch slight price premium compare to the competitors in the Misc. Financial Services industry. The sustainable margins have also helped Gabelli MultiMedia Mutual Fund to invest into research and development (R&D) and innovation.
Weaknesses of Gabelli MultiMedia Mutual Fund | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Gabelli MultiMedia Mutual Fund are -
Interest costs
– Compare to the competition, Gabelli MultiMedia Mutual Fund has borrowed money from the capital market at higher rates. It needs to restructure the interest payment and costs so that it can compete better and improve profitability.
No frontier risks strategy
– From the 10K / annual statement of Gabelli MultiMedia Mutual Fund, it seems that company is thinking out the frontier risks that can impact Misc. Financial Services industry. But it has very little resources allocation to manage the risks emerging from events such as natural disasters, climate change, melting of permafrost, tacking the rise of artificial intelligence, opportunities and threats emerging from commercialization of space etc.
Compensation and incentives
– The revenue per employee of Gabelli MultiMedia Mutual Fund is just above the Misc. Financial Services industry average. It needs to redesign the compensation structure and incentives to increase the revenue per employees. Some of the steps that it can take are – hiring more specialists on project basis, etc.
High dependence on Gabelli MultiMedia Mutual Fund ‘s star products
– The top 2 products and services of Gabelli MultiMedia Mutual Fund still accounts for major business revenue. This dependence on star products in Misc. Financial Services industry has resulted into insufficient focus on developing new products, even though Gabelli MultiMedia Mutual Fund has relatively successful track record of launching new products.
Low market penetration in new markets
– Outside its home market of United States, Gabelli MultiMedia Mutual Fund needs to spend more promotional, marketing, and advertising efforts to penetrate international markets.
Slow to strategic competitive environment developments
– As Gabelli MultiMedia Mutual Fund is one of the leading players in the Misc. Financial Services industry, it takes time to assess the upcoming competitions. This has led to missing out on atleast 2-3 big opportunities in the Misc. Financial Services industry in last five years.
Increasing silos among functional specialists
– The organizational structure of Gabelli MultiMedia Mutual Fund is dominated by functional specialists. It is not different from other players in the Misc. Financial Services industry, but Gabelli MultiMedia Mutual Fund needs to de-silo the office environment to harness the true potential of its workforce. Secondly the de-silo will also help Gabelli MultiMedia Mutual Fund to focus more on services in the Misc. Financial Services industry rather than just following the product oriented approach.
Workers concerns about automation
– As automation is fast increasing in the Misc. Financial Services industry, Gabelli MultiMedia Mutual Fund needs to come up with a strategy to reduce the workers concern regarding automation. Without a clear strategy, it could lead to disruption and uncertainty within the organization.
Aligning sales with marketing
– From the outside it seems that Gabelli MultiMedia Mutual Fund needs to have more collaboration between its sales team and marketing team. Sales professionals in the Misc. Financial Services industry have deep experience in developing customer relationships. Marketing department at Gabelli MultiMedia Mutual Fund can leverage the sales team experience to cultivate customer relationships as Gabelli MultiMedia Mutual Fund is planning to shift buying processes online.
High operating costs
– Compare to the competitors, Gabelli MultiMedia Mutual Fund has high operating costs in the Misc. Financial Services industry. This can be harder to sustain given the new emerging competition from nimble players who are using technology to attract Gabelli MultiMedia Mutual Fund lucrative customers.
Products dominated business model
– Even though Gabelli MultiMedia Mutual Fund has some of the most successful models in the Misc. Financial Services industry, this business model has made each new product launch extremely critical for continuous financial growth of the organization. Gabelli MultiMedia Mutual Fund should strive to include more intangible value offerings along with its core products and services.
Gabelli MultiMedia Mutual Fund Opportunities | External Strategic Factors
What are Opportunities in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The opportunities of Gabelli MultiMedia Mutual Fund are -
Buying journey improvements
– Gabelli MultiMedia Mutual Fund can improve the customer journey of consumers in the Misc. Financial Services industry by using analytics and artificial intelligence. It can provide automated chats to help consumers solve their own problems, provide online suggestions to get maximum out of the products and services, and help consumers to build a community where they can interact with each other to develop new features and uses.
Use of Bitcoin and other crypto currencies for transactions in Misc. Financial Services industry
– The popularity of Bitcoin and other crypto currencies as asset class and medium of transaction has opened new opportunities for Gabelli MultiMedia Mutual Fund in the Misc. Financial Services industry. Now Gabelli MultiMedia Mutual Fund can target international markets with far fewer capital restrictions requirements than the existing system.
Lowering marketing communication costs
– 5G expansion will open new opportunities for Gabelli MultiMedia Mutual Fund in the field of marketing communication. It will bring down the cost of doing business, provide technology platform to build new products in the Misc. Financial Services industry, and it will provide faster access to the consumers.
Creating value in data economy
– The success of analytics program of Gabelli MultiMedia Mutual Fund has opened avenues for new revenue streams for the organization in Misc. Financial Services industry. This can help Gabelli MultiMedia Mutual Fund to build a more holistic ecosystem for Gabelli MultiMedia Mutual Fund products in the Misc. Financial Services industry by providing – data insight services, data privacy related products, data based consulting services, etc.
Loyalty marketing
– Gabelli MultiMedia Mutual Fund has focused on building a highly responsive customer relationship management platform. This platform is built on in-house data and driven by analytics and artificial intelligence. The customer analytics can help the organization to fine tune its loyalty marketing efforts, increase the wallet share of the organization, reduce wastage on mainstream advertising spending, build better pricing strategies using personalization, etc.
Learning at scale
– Online learning technologies has now opened space for Gabelli MultiMedia Mutual Fund to conduct training and development for its employees across the world. This will result in not only reducing the cost of training but also help employees in different part of the world to integrate with the headquarter work culture, ethos, and standards.
Reforming the budgeting process
- By establishing new metrics that will be used to evaluate both existing and potential projects Gabelli MultiMedia Mutual Fund can not only reduce the costs of the project but also help it in integrating the projects with other processes within the organization.
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, Gabelli MultiMedia Mutual Fund can build a diversified supply chain model across various countries in - South East Asia, India, and other parts of the world. This reconfiguration of global supply chain can help Gabelli MultiMedia Mutual Fund to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
Using analytics as competitive advantage
– Gabelli MultiMedia Mutual Fund has spent a significant amount of money and effort to integrate analytics and machine learning into its operations in Misc. Financial Services sector. This continuous investment in analytics has enabled Gabelli MultiMedia Mutual Fund to build a competitive advantage using analytics. The analytics driven competitive advantage can help Gabelli MultiMedia Mutual Fund to build faster Go To Market strategies, better consumer insights, developing relevant product features, and building a highly efficient supply chain.
Finding new ways to collaborate
– Covid-19 has not only transformed business models of companies in Misc. Financial Services industry, but it has also influenced the consumer preferences. Gabelli MultiMedia Mutual Fund can tie-up with other value chain partners to explore new opportunities regarding meeting customer demands and building a rewarding and engaging relationship.
Remote work and new talent hiring opportunities
– The widespread usage of remote working technologies during Covid-19 has opened opportunities for Gabelli MultiMedia Mutual Fund to expand its talent hiring zone. According to McKinsey Global Institute, 20% of the high end workforce in fields such as finance, information technology, can continously work from remote local post Covid-19. This presents a really great opportunity for Gabelli MultiMedia Mutual Fund to hire the very best people irrespective of their geographical location.
Building a culture of innovation
– managers at Gabelli MultiMedia Mutual Fund can make experimentation a productive activity and build a culture of innovation using approaches such as – mining transaction data, A/B testing of websites and selling platforms, engaging potential customers over various needs, and building on small ideas in the Misc. Financial Services industry.
Identify volunteer opportunities
– Covid-19 has impacted working population in two ways – it has led to people soul searching about their professional choices, resulting in mass resignation. Secondly it has encouraged people to do things that they are passionate about. This has opened opportunities for businesses to build volunteer oriented socially driven projects. Gabelli MultiMedia Mutual Fund can explore opportunities that can attract volunteers and are consistent with its mission and vision.
Threats Gabelli MultiMedia Mutual Fund External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats of Gabelli MultiMedia Mutual Fund are -
Shortening product life cycle
– it is one of the major threat that Gabelli MultiMedia Mutual Fund is facing in Misc. Financial Services sector. It can lead to higher research and development costs, higher marketing expenses, lower customer loyalty, etc.
Trade war between China and United States
– The trade war between two of the biggest economies can hugely impact the opportunities for Gabelli MultiMedia Mutual Fund in Misc. Financial Services industry. The Misc. Financial Services industry is already at various protected from local competition in China, with the rise of trade war the protection levels may go up. This presents a clear threat of current business model in Chinese market.
Consumer confidence and its impact on Gabelli MultiMedia Mutual Fund demand
– There is a high probability of declining consumer confidence, given – high inflammation rate, rise of gig economy, lower job stability, increasing cost of living, higher interest rates, and aging demography. All the factors contribute to people saving higher rate of their income, resulting in lower consumer demand in Misc. Financial Services industry and other sectors.
High level of anxiety and lack of motivation
– the Great Resignation in United States is the sign of broader dissatisfaction among the workforce in United States. Gabelli MultiMedia Mutual Fund needs to understand the core reasons impacting the Misc. Financial Services industry. This will help it in building a better workplace.
Barriers of entry lowering
– As technology is more democratized, the barriers to entry to Misc. Financial Services industry are lowering. It can presents Gabelli MultiMedia Mutual Fund with greater competitive threats in the near to medium future. Secondly it will also put downward pressure on pricing throughout the Misc. Financial Services sector.
Environmental challenges
– Gabelli MultiMedia Mutual Fund needs to have a robust strategy against the disruptions arising from climate change and energy requirements. EU has identified it as key priority area and spending 30% of its 880 billion Euros European post Covid-19 recovery funds on green technology. Gabelli MultiMedia Mutual Fund can take advantage of this fund but it will also bring new competitors in the Misc. Financial Services industry.
Backlash against dominant players
– US Congress and other legislative arms of the government are getting tough on big business especially technology companies. The digital arm of Gabelli MultiMedia Mutual Fund business can come under increasing regulations regarding data privacy, data security, etc.
Technology acceleration in Forth Industrial Revolution
– Gabelli MultiMedia Mutual Fund has witnessed rapid integration of technology during Covid-19 in the Misc. Financial Services industry. As one of the leading players in the industry, Gabelli MultiMedia Mutual Fund needs to keep up with the evolution of technology in the Misc. Financial Services sector. According to Mckinsey study top managers believe that the adoption of technology in operations, communications is 20-25 times faster than what they planned in the beginning of 2019.
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, Gabelli MultiMedia Mutual Fund can face downward pressure on margins from increasing competition from international players. The international players have stable revenue in their home market and can use those resources to penetrate Gabelli MultiMedia Mutual Fund prominent markets.
Increasing wage structure of Gabelli MultiMedia Mutual Fund
– Post Covid-19 there is a sharp increase in the wages especially in the jobs that require interaction with people. The increasing wages can put downward pressure on the margins of Gabelli MultiMedia Mutual Fund.
Instability in the European markets
– European Union markets are facing three big challenges post Covid – expanded balance sheets, Brexit related business disruption, and aggressive Russia looking to distract the existing security mechanism. Gabelli MultiMedia Mutual Fund will face different problems in different parts of Europe. For example it will face inflationary pressures in UK, France, and Germany, balance sheet expansion and demand challenges in Southern European countries, and geopolitical instability in the Eastern Europe.
New competition
– After the dotcom bust of 2001, financial crisis of 2008-09, the business formation in US economy had declined. But in 2020 alone, there are more than 1.5 million new business applications in United States. This can lead to greater competition for Gabelli MultiMedia Mutual Fund in the Misc. Financial Services sector and impact the bottomline of the organization.
Capital market disruption
– During the Covid-19, Dow Jones has touched record high. The valuations of a number of companies are way beyond their existing business model potential. This can lead to capital market correction which can put a number of suppliers, collaborators, value chain partners in great financial difficulty. It will directly impact the business of Gabelli MultiMedia Mutual Fund.
Weighted SWOT Analysis of Gabelli MultiMedia Mutual Fund Template, Example
Not all factors mentioned under the Strengths, Weakness, Opportunities, and Threats quadrants in the SWOT Analysis are equal. Managers at Gabelli MultiMedia Mutual Fund needs to zero down on the relative importance of each factor mentioned in the Strengths, Weakness, Opportunities, and Threats quadrants.
We can provide the relative importance to each factor by assigning relative weights. Weighted SWOT analysis process is a three stage process –
First stage for doing weighted SWOT analysis of Gabelli MultiMedia Mutual Fund is to rank the strengths and weaknesses of the organization. This will help you to assess the most important strengths and weaknesses of the firm and which one of the strengths and weaknesses mentioned in the initial lists are marginal and can be left out.
Second stage for conducting weighted SWOT analysis of Gabelli MultiMedia Mutual Fund is to give probabilities to the external strategic factors thus better understanding the opportunities and threats arising out of macro environment changes and developments.
Third stage of constructing weighted SWOT analysis of Gabelli MultiMedia Mutual Fund to provide strategic recommendations includes – joining likelihood of external strategic factors such as opportunities and threats to the internal strategic factors – strengths and weaknesses. You should start with external factors as they will provide the direction of the overall industry. Secondly by joining probabilities with internal strategic factors can help the company not only strategic fit but also the most probably strategic trade-off that Gabelli MultiMedia Mutual Fund needs to make to build a sustainable competitive advantage.