rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Crescendo
    sub title: Steinway's growth strategy
  name:
    name part: Calkins, Tim
    role:
      role term: creator
    role:
      role term: author.
  type of resource: text
  genre: Electronic books.
  origin info:
    place:
      place term: enk
    date issued: 2023
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: remote
    extent: 1 online resource : illustrations.
  abstract: As executives at the Steinway prepared the piano company to go public in 2022, the firm Damen Investments eyed the intriguing brand as having great potential. A new equity analyst at Damen, Vicki Xu, was tasked with determining if the Steinway brand and the company's growth prospects hit all the right notes. If it had significant growth potential, the investment likely would make sense. If not, then the investment would not work well. Damen invested only in firms with strong growth potential over a long horizon-a decade or more. The storied brand, founded in 1853 in New York City, had long since developed a reputation for crafting the ultimate in quality and gained a loyal following among top pianists and musicians. With sales in 88 countries, Steinway was a global brand and business. Asia was a vital region for growth, especially China, where sales reached $117 million in 2021. That same year, overall revenue for Steinway was $538.4 million, up by a compound annual growth rate of 6.9 percent from 2016, when sales reached $386 million. In the company's IPO filings, Steinway executives presented an optimistic outlook. According to the Steinway team, the company was a promising player in the global luxury industry. Steinway expected to benefit from market trends, and the number of high-net-worth individuals was growing worldwide-particularly in China. Additionally, the company was expanding sales of its Spirio line, focusing on wealthy buyers who could not play the piano.
  target audience: specialized
  note: Tim Calkins.
  subject:
    name:
      name part: Steinway & Sons
    topic: Management
    genre: Case studies
  subject:
    topic: Corporations
    topic: Growth
    genre: Case studies
  subject:
    topic: Sociétés
    topic: Croissance
    genre: Études de cas
  classification: HD2746 .C35 2023
  classification: 658.406
  related item:
    title info:
      title: SAGE business cases
  identifier: 9781071931363
  identifier: 1071931369
  identifier: http://proxy.library.tamu.edu/login
  record info:
    record content source: SGPBL
    record creation date: 231221
    record change date: 20240923171839.4
    record identifier: in00005497846
    language of cataloging:
      language term: eng