...Starbucks Coffee Company Starbucks has grown into a common household name with storefronts all over the world. Currently, there are more than 17,000 coffee shops in more than fifty countries. Starbucks not only offers their customers coffee, but coffee beans, accessories, teas, brewers, music and food; all of which contribute to their financial success. Starbucks storefronts are now seen inside grocery stores as well, allowing the shopper browse the aisles while sipping a caffeinated beverage. Starbucks also draws its followers and loyal customers by promoting themselves as being an environmental conscious company. Their goal is to have 100% recyclable or reusable cups by 2015. Starbucks is in the process of reducing their carbon footprint through water conservation and green construction. All of these factors have made Starbucks the largest coffee corporation in the world. Their efforts include cups made of recycled goods, and they even offer a plastic reusable cup for only a dollar, that can be used thirty times on average. They also recycle plastic and paper products and waste separately. SBUX: Total Assets, Recent Annual Reporting and Cash/ Cash Equivalent Total assets at the end of Starbucks most recent annual reporting period is $8,219.2 million at the end of “September 30, 2012, which was a growth of $858.8 million from October 2nd, 2011. This included $1,188.6 million cash and cash equivalents at the end of September 30th, 2012 (Starbucks Investor Relations, 2012)...
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...I have chosen to review the organizational structure of Starbucks Coffee, both for successful and unsuccessful organization behaviors and concepts that have been intertwined into the Starbucks business structure. At first glance I would have thought that Starbucks has made all of the right business moves along the way as they started in Seattle as a single neighborhood coffee house and have grown to be a globally recognized brand with stores in 50 countries worldwide. However, no organization is perfect and mistakes do get made. In this class I have learned that a good portion of what makes and organization successful is if they are able to take the learning’s from the mistakes made and implement positive changes that benefit the organization for years come. I have also learned that a company’s organizational structure needs to be adaptable. An organization may have a winning financial recipe but as the economy and customer desires change with time, the organization needs to be able to implement a change to the management structure and correct behaviors that are either no longer helping or negatively impacting the organizations stability and financial gain. Starbucks fosters a strong belief in promoting positive group behaviors and working together as a unified team on all levels of the organization. Each person has an accountability and responsibility in supporting the organizations goals and vision. Unity is important is this area as the organizations achievements are not...
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... NAME OF STUDENT | | REGISTRATION NO. | | UNIT TITLE | Organisations and Behaviour | ASSIGNMENT TITLE | Starbucks | ASSIGNMENT NO | 2 of 2 (individual report) | NAME OF ASSESSOR | Mr. John Andre | SUBMISSION DEADLINE | To Be Announced | ------------------------------------------------- ------------------------------------------------- I, __________________________ hereby confirm that this assignment is my own work and not copied or plagiarized from any source. I have referenced the sources from which information is obtained by me for this assignment. ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ________________________________ _________________________ ------------------------------------------------- ------------------------------------------------- Signature Date ------------------------------------------------- ----------------------------------------------------------------------------------------------------------------FOR OFFICIAL USE (Course Administrator) Assignment Received By: Date: Unit Outcomes Outcome | Evidence for the criteria...
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...AO3: Secondary Research- Introduction- Starbucks is a global coffee company that currently has a relatively small product range. They offer a group of different coffees, snacks, cold drinks and even coffee accessories (merchandise). However, after doing a lot of research I feel that they have a gap in their market. I feel that adding a food hall to their chain of stores would be successful. This could potentially be very risky for the business as it means they are entering a market they don’t really have any experience in with products they aren’t used to. The food halls will not be an extension onto the existing stores; they will be a completely different brand, following in the footsteps of John Lewis and Waitrose. Though, it won’t be completely rebranded – I will still use the same logo and colour scheme as this would draw customers as it is already a well-recognized global brand. As Starbucks is already quite a high-end coffee store, the food halls would follow in the same direction to keep up the “high quality” image. This means that the competitors will be the likes of Marks and Spencer’s, Waitrose and Sainsbury’s. Using this information the food halls would have to appeal to the target audience of middle aged families. Though, Starbuck’s is different as it has a huge loyal younger audience; people ages 16-25. Students fall into this age bracket – to ensure that they are able to shop in the food halls there will have to be strategies in place such as a “student range”...
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...Strategic Planning of Starbucks (Past Decisions, Current situation and Future Options) [pic] Student ID number: F1005899 Full name: Namrataben Govindbhai Panchasara Intake and group number: 8 Module Name: Strategic Planning Assignment Type: Individual Assignment Date: 04/11/2011 Executive Summery This report aims to strategically based evaluate Starbucks past and current situation and future position of this largely successful company. The analysis uses Michael five forces analysis, Starbucks’ Original Generic Strategy, Company success factor, SWOT, PEST and recommendation for future that Starbucks can organised Reward program Organised, Becoming more Environment Friendly, CD Burning, Install free wireless internet and Rent out meeting space, Increase connection with customers, Continually improve the coffee. At last conclusion and i use book of Michal Porter and some others and electronic articles and websites. Index |No. |Index |Page No. | |1. |Executive Summery |2 | |2. |Introduction of the company |4 ...
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...Mechanisms in Starbucks Corporation MGT/330 Control Mechanisms in Starbucks Corporation “Our mission: to inspire and nurture the human spirit – one person, one cup, and one neighborhood at a time.” (Starbucks.com 2014.) This is the Starbucks mission statement. Starbucks success has been built around this mission statement and how control mechanisms are implemented with this statement in mind. For the purposes of this paper the following four mechanisms will be highlighted; clan, budget, bureaucratic, and market. These mechanisms need to work cohesively to achieve the desired corporate result. Four control mechanisms identified within the Starbucks Company is bureaucratic, budget, clan and market. Like many companies, Starbucks takes a bureaucratic approach. They use “rules, regulations, and authority to guide performance” (Bateman & Snell, 2007, "Managerial Control"). As for as budgetary controls, Starbucks uses budgeting to determine how things are going within the company and the cost it takes to keep the company working at a high/competitive level. The last two control mechanisms, clan control and market control, both tie into the previous two control mechanisms mentioned. Clan control is based on the values, shared goals, and trust between their employees. With that being said, bureaucratic control and clan control helps determine the right people for Starbucks and sets a foundation on how their employees can help themselves and the company be successful. Many companies...
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...Starbucks Global Management Marlene M. Christian American Military University Starbucks Global Management When you hear the name Starbucks, people around the world know that Starbucks is known for coffee. How did Starbucks become so well known globally? It’s all in its global management. According to Brown and Gutterman (2003), “Even the best product or the most talented group of product developers cannot succeed without good company management and an appropriate organizational structure” (p. 88). Management and organizational structure are demanding and should always be included in a global business plan (p. 88). Starbucks’ organizational structure is a vital part of its organization and is a critical area that determines its organizational success in the restaurant industry (Successful Application of Organizational Behavior: Starbucks, 2009). In developing a business plan for global operations, there are crucial decisions that must be made regarding the overall organization of the company (Brown & Gutterman, 2003, p. 91). Procedures must be put in place for the circulation of information (p. 91) and Starbucks’ communication behavior has made this corporation successful (Successful Application of Organizational Behavior: Starbucks, 2009). In addition, the organization must have a vested interest in management’s ability to make decisions that may arise in a specific region or country (Brown & Gutterman, 2003, p. 92). Communication in the Starbucks...
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...Marketing Pham Manh Cuong Index number: RASG00009 Due date: 28/03/2010 Table of content 1.Introduction……………………………………….3 2.Main body…………………………………………4 2.1Nature of business…………………………….4 2.2 Customer perception…………………………6 2.3 SWOT analyze………………………………..8 2.4 Types of marketing…………………………..10 3. Recommendation……………………………….18 Reference…………………………………………..19 1. Introduction I have done a marketing analysis on Starbucks. I will be looking into nature of business of Starbucks, customer perception, the different areas of marketing plan adopted by Starbucks The general areas are analyzing the current situation, the marketing targets, goals, mission and objective, the marketing mix (the “4Ps”) and implementing, controlling and reviewing the marketing process. To source for the information, I have gone down to a Starbucks outlet to do some research. I have also gone to the internet to find articles on Starbucks. Combining the information, I hope the report I have done is able to provide an overview analysis of Starbucks’ marketing plans. 2. Main body 2.1Nature of business Starbucks started operations in Seattle's Pike Place Markets, Washington in 1971. It was originally named as Starbucks Coffee, Tea and Spices and is later changed to Starbucks Coffee Company. In 1982, Howard Schultz joined the company and changed its strategic direction. He sets to establish Starbucks as The Third Place' - a place between work and home, committed...
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...Therefore, employees are required to perform their duties more effectively and efficiently; while companies monitor the results and determine if the pace and productivity is adequate. A company must have the ability to apply newly information immediately and integrate it within their plans if they want to remain competitive. Both leadership and management are often categorized as similar functions, but they are vastly different in many ways. Leadership and management are concepts that derive at different means. The way which supervisors function as leaders, has an impact on the way employees perform their duties, because of their ability to diminish retention, build trust, and request dedication from workers. Despite the two differences in which managing and leading are able to organize people; mangers more likely use formal methods while leaders employ passion know as informal. The company known as Starbucks has been in operation for thirty years and their main objective was to provide customers premium packaged coffee, but since then has blossomed into a company that now sell food and drinks, breakfast items, and other types of coffee. Starbucks has established retail stores from Virginia to China, and due to Starbucks management and leadership abilities they are capable of creating and maintain a relaxed café’ environment because of the dedication of their workers. Starbuck Corporation has to credit both their management and leadership staff, and the reason is because...
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...of Starbucks Corporation Rebecca Lingley Liberty University, rjlingley@liberty.edu Follow this and additional works at: http://digitalcommons.liberty.edu/busi_fac_pubs Part of the Business Commons Recommended Citation Lingley, Rebecca, "Marketing Strategy and Alliances Analysis of Starbucks Corporation" (2009). Faculty Publications and Presentations. Paper 10. http://digitalcommons.liberty.edu/busi_fac_pubs/10 This Article is brought to you for free and open access by the School of Business at DigitalCommons@Liberty University. It has been accepted for inclusion in Faculty Publications and Presentations by an authorized administrator of DigitalCommons@Liberty University. For more information, please contact scholarlycommunication@liberty.edu. Lingley, R MGT7002-4 RUNNING HEAD: Lingley, R MGT7002-4 Marketing Strategy and Alliances Analysis of Starbucks Corporation Rebecca J. Lingley Larson NorthCentral University 1 Lingley, R MGT7002-4 Abstract The Starbucks Corporation significantly utilizes alliances to expand market reach, improve product image, and develop greater company profitability. Starbucks, due to their market position and attributes, applies a Differentiation Focus strategy as defined by Porter’s Generic Market Theory. A review of Starbucks Corporation’s marketing strategies and alliance strategies proves that the company is being highly successful within this market scope. 2 Lingley, R MGT7002-4 3 Starbucks Marketing...
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...Starbucks Starbucks is an extremely well-known business, which most of us enjoy on any given day (some more than others). In my own opinion, Starbucks is highly successful company because they provide such a high quality product. All of their employees appear to be knowledgeable about their products and enjoy creating those products for customers. However, the prices tend to be on the high side, and I can only indulge on their coffees every now and then. Strengths Starbucks has many internal strengths, which are visible to the public. Starbucks values and appreciates its employees, unlike many other businesses. Howard Schultz fought to get all part-time employees the health benefits that full-time employees were receiving. This shows how much he valued his employees, and makes Starbucks a more desirable workplace. If you have ever been to a Starbucks, you are well aware of the type of atmosphere the company provides. This is a major strength for the business because there are not many other companies that provide this type of experience (at least in the U.S.A., in my opinion). The mere experience of being in a Starbucks café is unlike most other coffee shops. The positive treatment of their employees is detectable in the customer service and the quality of their products, and it keeps consumers coming back. Weaknesses Even though Starbucks has many strengths, they also have some weaknesses as well. One weakness would be the pricing of their products. Although their products...
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...Starbucks SWOT Analysis •Strengths o It is a global coffee brand built upon a reputation for fine products and services o It has almost 17,000 stores in 49 countries. o The organization has strong ethical values, commitment to the environment, and community activists. •Weaknesses o The organization has a strong presence in the United States of America with more than three quarters of its cafes located in the domestic market. In order to reduce business risk, expansion is needed. o Starbucks has a reputation for new product development and creativity. However, they remain vulnerable to the possibility that their innovation may falter over time, and product acceptance will come to a halt eventually slowing growth. •Opportunity o The company has the opportunity to expand its global operations. New markets for coffee such as India and the Pacific Rim nations are beginning to emerge. o Co-branding with other manufacturers of food and drink, and brand franchising to manufacturers of other goods and services both have potential. •Threats o Starbucks' success has lead to the market entry of many competitors and copycat brands that could pose potential threats. How they combat these threats will determine their future. o Starbucks is exposed to rises in the cost of coffee and dairy products. Starbucks is a large company with a competitive advantage that is shrinking because of its huge success. This is because Starbucks model has been copied successfully by its competitors...
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...Cand.soc /MSc in social Science Leadership and Strategy in Service Management 03/05/2015 Stefano Di Nicola CPR 081190-3523 Tomás Vaz De Carvalho CPR 190491-4025 Leadership and strategic Management Mini-Project Why Starbucks failed in Israel? COPENHAGEN BUSINESS SCHOOL 2015 Program: Cand.soc Service Management N° of pages: 14 N° of characters: 30,946 Hand-in the 03/05/2015 1 Cand.soc /MSc in social Science Leadership and Strategy in Service Management 03/05/2015 2 Cand.soc /MSc in social Science Leadership and Strategy in Service Management 03/05/2015 TABLE OF CONTENTS 1. Introduction ...................................................................................................... 4 1.1. 1.2. 2. Problem Statement ................................................................................................ 5 Methodology .......................................................................................................... 5 Analysis ............................................................................................................. 6 2.1. Cultural Analysis .................................................................................................... 6 2.1.1. Introduction to Hoftede’s 5 Cultural Typologies Framework ..................................... 6 2.1.2. Israeli culture vs. United States culture...........................................................................
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...Starbucks Coffee Company Background The first Starbucks opened in 1971 in Seattle's Historic Pike Place Market and it was belong to English teacher Jerry Baldwin, history teacher Zew Siegl, and writer Gordon Bowker. At first, they sell high-quality coffee beans and equipment. In 1982, the founders were joined by an entrepreneur named Howard Shultz who functioned as the firm's Director of Retail Operations and Marketing (Facts about Starbucks Coffee Company). While Howard Shultz on a trip to Italy, he found Italian "coffee culture". He believed the "coffee culture" could be reproduction in United States. In 1987, Shultz bring Italian “coffee culture” to United States. Starbucks was sweeping the whole of world. Until today, Starbucks have 17003 retail stores in 55 countries (Starbucks story as of October 2, 2011). Starbucks always give us promise- to inspire and nurture the human spirit-one person, one cup and one neighborhood at a time (Facts about Starbucks Coffee Company). Starbucks coffee shops sales coffee; handcrafted beverages; merchandise; fresh food; consumer products; and brand portfolio ((Facts about Starbucks Coffee Company). Outline In the following instructing，it will talk about Starbucks quantity. Firstly, use the product life cycle to identify the product have the curve of the lifetime. Use product development, introduction, growth, maturity, and decline this five stage to make sure what stage the product in. Make sure have new product could replace it. Secondly...
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...Employee at Starbucks: Focusing on the ethic and Inclusion Abstract Workforce diversity is a reality of the modern times for every organization and managing it effectively can lead to a sustainable competitive advantage. The purpose of this paper is to discuss how managers lead diverse employees in a global environment and what makes this company so unique. Effective management of diversity is not only employing diverse employees, but learning to appreciate, respect and respond to the needs, value, and beliefs of diverse employee and provide a positive work environment. Therefore, we will analyze the general environment and task forces that affect the diversity, as well as the challenges faced by Starbuck managers when managing diverse employees. Besides, the impact of diversity on the company performance will be subject of analysis through a value driven perspective. Lastly, we will identify some of the best practices for effectively managing diversity and propose some recommendations. Introduction One of the greatest challenges for managers today is managing the increase of diversity in the workplace. Diversity is defined as” dissimilarities or differences among people due to age, gender, race, ethically, religion, sexual orientation, education any characteristic that are used to distinguish between people. According to the Thompson (2005), organization who limits the kinds of people they are willing to hire, are limiting also the talent pool from joining the company. Consequently...
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