Cohen and Steers MLP Income (MIE) SWOT Analysis / TOWS Matrix / MBA Resources
Strategy / MBA Resources
Introduction to SWOT Analysis
SWOT Analysis / TOWS Matrix for Cohen and Steers MLP Income (United States)
Based on various researches at Oak Spring University , Cohen and Steers MLP Income is operating in a macro-environment that has been destablized by – customer relationship management is fast transforming because of increasing concerns over data privacy, banking and financial system is disrupted by Bitcoin and other crypto currencies, there is backlash against globalization, cloud computing is disrupting traditional business models, talent flight as more people leaving formal jobs, increasing commodity prices, wage bills are increasing,
challanges to central banks by blockchain based private currencies, supply chains are disrupted by pandemic , etc
Introduction to SWOT Analysis of Cohen and Steers MLP Income
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University, we believe that Cohen and Steers MLP Income can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Cohen and Steers MLP Income, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Cohen and Steers MLP Income 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 Cohen and Steers MLP Income can be done for the following purposes –
1. Strategic planning of Cohen and Steers MLP Income
2. Improving business portfolio management of Cohen and Steers MLP Income
3. Assessing feasibility of the new initiative in United States
4. Making a sector specific business decision
5. Set goals for the organization
6. Organizational restructuring of Cohen and Steers MLP Income
Strengths of Cohen and Steers MLP Income | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Cohen and Steers MLP Income are -
Training and development
– Cohen and Steers MLP Income has one of the best training and development program in 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.
Effective Research and Development (R&D)
– Cohen and Steers MLP Income has innovation driven culture where significant part of the revenues are spent on the research and development activities. This has resulted in – Cohen and Steers MLP Income staying ahead in the industry in terms of – new product launches, superior customer experience, highly competitive pricing strategies, and great returns to the shareholders.
Innovation driven organization
– Cohen and Steers MLP Income is one of the most innovative firm in sector.
Ability to lead change in
– Cohen and Steers MLP Income is one of the leading players in the industry in United States. Over the years it has not only transformed the business landscape in the industry in United States but also across the existing markets. The ability to lead change has enabled Cohen and Steers MLP Income in – penetrating new markets, reaching out to new customers, and providing different value propositions to different customers in the international markets.
Digital Transformation in industry
- digital transformation varies from industry to industry. For Cohen and Steers MLP Income digital transformation journey comprises differing goals based on market maturity, customer technology acceptance, and organizational culture. Cohen and Steers MLP Income has successfully integrated the four key components of digital transformation – digital integration in processes, digital integration in marketing and customer relationship management, digital integration into the value chain, and using technology to explore new products and market opportunities.
Low bargaining power of suppliers
– Suppliers of Cohen and Steers MLP Income in the sector have low bargaining power. Cohen and Steers MLP Income has further diversified its suppliers portfolio by building a robust supply chain across various countries. This helps Cohen and Steers MLP Income to manage not only supply disruptions but also source products at highly competitive prices.
Successful track record of launching new products
– Cohen and Steers MLP Income has launched numerous new products in last few years, keeping in mind evolving customer preferences and competitive pressures. Cohen and Steers MLP Income has effective processes in place that helps in exploring new product needs, doing quick pilot testing, and then launching the products quickly using its extensive distribution network.
Operational resilience
– The operational resilience strategy of Cohen and Steers MLP Income comprises – understanding the underlying the factors in the industry, building diversified operations across different geographies so that disruption in one part of the world doesn’t impact the overall performance of the firm, and integrating the various business operations and processes through its digital transformation drive.
Sustainable margins compare to other players in industry
– Cohen and Steers MLP Income has clearly differentiated products in the market place. This has enabled Cohen and Steers MLP Income to fetch slight price premium compare to the competitors in the industry. The sustainable margins have also helped Cohen and Steers MLP Income to invest into research and development (R&D) and innovation.
Ability to recruit top talent
– Cohen and Steers MLP Income is one of the leading players in the 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.
Learning organization
- Cohen and Steers MLP Income 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 Cohen and Steers MLP Income is open place that encourages instructiveness, ideation, open minded discussions, and creativity. Employees and leaders at Cohen and Steers MLP Income emphasize – knowledge, initiative, and innovation.
High brand equity
– Cohen and Steers MLP Income has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled Cohen and Steers MLP Income to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
Weaknesses of Cohen and Steers MLP Income | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Cohen and Steers MLP Income are -
Interest costs
– Compare to the competition, Cohen and Steers MLP Income 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.
Ability to respond to the competition
– As the decision making is very deliberative at Cohen and Steers MLP Income, in the dynamic environment of industry it has struggled to respond to the nimble upstart competition. Cohen and Steers MLP Income has reasonably good record with similar level competitors but it has struggled with new entrants taking away niches of its business.
Capital Spending Reduction
– Even during the low interest decade, Cohen and Steers MLP Income has not been able to do capital spending to the tune of the competition. This has resulted into fewer innovations and company facing stiff competition from both existing competitors and new entrants who are disrupting the industry using digital technology.
High dependence on Cohen and Steers MLP Income ‘s star products
– The top 2 products and services of Cohen and Steers MLP Income still accounts for major business revenue. This dependence on star products in industry has resulted into insufficient focus on developing new products, even though Cohen and Steers MLP Income has relatively successful track record of launching new products.
Slow to harness new channels of communication
– Even though competitors are using new communication channels such as Instagram, Tiktok, and Snap, Cohen and Steers MLP Income is slow explore the new channels of communication. These new channels of communication can help Cohen and Steers MLP Income to provide better information regarding products and services. It can also build an online community to further reach out to potential customers.
Slow to strategic competitive environment developments
– As Cohen and Steers MLP Income is one of the leading players in the industry, it takes time to assess the upcoming competitions. This has led to missing out on atleast 2-3 big opportunities in the industry in last five years.
High operating costs
– Compare to the competitors, Cohen and Steers MLP Income has high operating costs in the industry. This can be harder to sustain given the new emerging competition from nimble players who are using technology to attract Cohen and Steers MLP Income lucrative customers.
Workers concerns about automation
– As automation is fast increasing in the industry, Cohen and Steers MLP Income 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.
Low market penetration in new markets
– Outside its home market of United States, Cohen and Steers MLP Income needs to spend more promotional, marketing, and advertising efforts to penetrate international markets.
Lack of clear differentiation of Cohen and Steers MLP Income products
– To increase the profitability and margins on the products, Cohen and Steers MLP Income needs to provide more differentiated products than what it is currently offering in the marketplace.
Skills based hiring in industry
– The stress on hiring functional specialists at Cohen and Steers MLP Income has created an environment where the organization is dominated by functional specialists rather than management generalist. This has resulted into product oriented approach rather than marketing oriented approach or consumers oriented approach.
Cohen and Steers MLP Income Opportunities | External Strategic Factors
What are Opportunities in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The opportunities of Cohen and Steers MLP Income are -
Redefining models of collaboration and team work
– As explained in the weaknesses section, Cohen and Steers MLP Income is facing challenges because of the dominance of functional experts in the organization. Cohen and Steers MLP Income can utilize new technology in the field of industry to build more coordinated teams and streamline operations and communications using tools such as CAD, Zoom, etc.
Lowering marketing communication costs
– 5G expansion will open new opportunities for Cohen and Steers MLP Income in the field of marketing communication. It will bring down the cost of doing business, provide technology platform to build new products in the industry, and it will provide faster access to the consumers.
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. Cohen and Steers MLP Income can explore opportunities that can attract volunteers and are consistent with its mission and vision.
Manufacturing automation
– Cohen and Steers MLP Income can use the latest technology developments to improve its manufacturing and designing process in sector. It can use CAD and 3D printing to build a quick prototype and pilot testing products. It can leverage automation using machine learning and artificial intelligence to do faster production at lowers costs, and it can leverage the growth in satellite and tracking technologies to improve inventory management, transportation, and shipping.
Changes in consumer behavior post Covid-19
– consumer behavior has changed in the industry because of Covid-19 restrictions. Some of this behavior will stay once things get back to normal. Cohen and Steers MLP Income can take advantage of these changes in consumer behavior to build a far more efficient business model. For example consumer regular ordering of products can reduce both last mile delivery costs and market penetration costs. Cohen and Steers MLP Income can further use this consumer data to build better customer loyalty, provide better products and service collection, and improve the value proposition in inflationary times.
Use of Bitcoin and other crypto currencies for transactions in industry
– The popularity of Bitcoin and other crypto currencies as asset class and medium of transaction has opened new opportunities for Cohen and Steers MLP Income in the industry. Now Cohen and Steers MLP Income can target international markets with far fewer capital restrictions requirements than the existing system.
Remote work and new talent hiring opportunities
– The widespread usage of remote working technologies during Covid-19 has opened opportunities for Cohen and Steers MLP Income 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 Cohen and Steers MLP Income to hire the very best people irrespective of their geographical location.
Finding new ways to collaborate
– Covid-19 has not only transformed business models of companies in industry, but it has also influenced the consumer preferences. Cohen and Steers MLP Income can tie-up with other value chain partners to explore new opportunities regarding meeting customer demands and building a rewarding and engaging relationship.
Reforming the budgeting process
- By establishing new metrics that will be used to evaluate both existing and potential projects Cohen and Steers MLP Income can not only reduce the costs of the project but also help it in integrating the projects with other processes within the organization.
Creating value in data economy
– The success of analytics program of Cohen and Steers MLP Income has opened avenues for new revenue streams for the organization in industry. This can help Cohen and Steers MLP Income to build a more holistic ecosystem for Cohen and Steers MLP Income products in the industry by providing – data insight services, data privacy related products, data based consulting services, etc.
Increase in government spending
– As the United States and other governments are increasing social spending and infrastructure spending to build economies post Covid-19, Cohen and Steers MLP Income can use these opportunities to build new business models that can help the communities that Cohen and Steers MLP Income operates in. Secondly it can use opportunities from government spending in sector.
Developing new processes and practices
– Cohen and Steers MLP Income can develop new processes and procedures in industry using technology such as automation using artificial intelligence, real time transportation and products tracking, 3D modeling for concept development and new products pilot testing etc.
Better consumer reach
– The expansion of the 5G network will help Cohen and Steers MLP Income to increase its market reach. Cohen and Steers MLP Income will be able to reach out to new customers. Secondly 5G will also provide technology framework to build new tools and products that can help more immersive consumer experience and faster consumer journey.
Threats Cohen and Steers MLP Income External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats of Cohen and Steers MLP Income are -
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 Cohen and Steers MLP Income business can come under increasing regulations regarding data privacy, data security, etc.
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. Cohen and Steers MLP Income needs to understand the core reasons impacting the industry. This will help it in building a better workplace.
Consumer confidence and its impact on Cohen and Steers MLP Income 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 industry and other sectors.
Technology acceleration in Forth Industrial Revolution
– Cohen and Steers MLP Income has witnessed rapid integration of technology during Covid-19 in the industry. As one of the leading players in the industry, Cohen and Steers MLP Income needs to keep up with the evolution of technology in the 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.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, Cohen and Steers MLP Income may face longer learning curve for training and development of existing employees. This can open space for more nimble competitors in the field of sector.
Technology disruption because of hacks, piracy etc
– The colonial pipeline illustrated, how vulnerable modern organization are to international hackers, miscreants, and disruptors. The cyber security interruption, data leaks, etc can seriously jeopardize the future growth of the organization.
Aging population
– As the populations of most advanced economies are aging, it will lead to high social security costs, higher savings among population, and lower demand for goods and services in the economy. The household savings in US, France, UK, Germany, and Japan are growing faster than predicted because of uncertainty caused by pandemic.
High dependence on third party suppliers
– Cohen and Steers MLP Income high dependence on third party suppliers can disrupt its processes and delivery mechanism. For example -the current troubles of car makers because of chip shortage is because the chip companies started producing chips for electronic companies rather than car manufacturers.
Easy access to finance
– Easy access to finance in industry will also reduce the barriers to entry in the industry, thus putting downward pressure on the prices because of increasing competition. Cohen and Steers MLP Income can utilize it by borrowing at lower rates and invest it into research and development, capital expenditure to fortify its core competitive advantage.
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. Cohen and Steers MLP Income 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.
Trade war between China and United States
– The trade war between two of the biggest economies can hugely impact the opportunities for Cohen and Steers MLP Income in industry. The 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.
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 Cohen and Steers MLP Income.
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, Cohen and Steers MLP Income 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 Cohen and Steers MLP Income prominent markets.
Weighted SWOT Analysis of Cohen and Steers MLP Income Template, Example
Not all factors mentioned under the Strengths, Weakness, Opportunities, and Threats quadrants in the SWOT Analysis are equal. Managers at Cohen and Steers MLP Income 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 Cohen and Steers MLP Income 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 Cohen and Steers MLP Income 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 Cohen and Steers MLP Income 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 Cohen and Steers MLP Income needs to make to build a sustainable competitive advantage.
