Executive Leadership Succession Management Program

(3a): What trade-offs has Starbucks made? What different activity choices has it made from its rivals?

Being the giant leader of the coffee and snacks industry, Starbuck coffee company needs to develop a strong strategic plan

Starbucks is a matrix organizational structure where a business is split into different divisions of whatever functions needed and then has multiple managers for each division and finally the lower tier members. This organizational strategy allows information from the customers to travel up to the lower-tier of employees and to the corporate levels are more streamline in a flat organizational structure. This helps as it ensures that Starbuck’s culture of family is communicated. (Starbucks

Howard Schultz, ranked by Business Insider as one of the top CEO’s of the past twenty years, shaped the consumption of coffee into an experience and developed a strong brand, Starbucks, that is recognized internationally. Eight years later after resigning in 2000, Schultz saw the company going downhill and decided to take control again, as CEO. The Starbucks creator had a vision for his company and shaped the culture by putting an emphasis on quality product and implementing the motto “employees first”. From early on, Starbucks was ahead of its time. Schultz offered healthcare for part-time and fulltime employees, extending this to domestic partnerships as well. Additionally, he makes an outstanding effort to employee minority workers, reimburse partial tuition and distribute employee stock options to baristas. After returning in 2008, Schultz made a controversial move of electing to send 10,000 managers to a leadership conference, which totaled over $30 million. He claims that this move was saving point for Starbucks and without it, the company surely would have failed.

In this case study is about in detail analysis of human resource management. This case study to be analyzed is “Starbucks' Human Resource Management Policies and the Growth Challenge”. In this case study include introduction about Starbucks, how did Starbucks find out and catch the attention of right kind of people, the work of human resource management in creating a helpful work culture, study on Starbucks’ generous human resource policies, large increase in the number of employees in the last ten years, would the company be able to retain employees, if it made a move to lower its human resource

In this paper, I will talk about Starbucks Company. I will define the influence of the vision, and mission of the company and primary stakeholders along with their overall success. An examination will be conducted to categorize five forces of struggle and their effect on the corporation. I will carry out a SWOT analysis to determine the opportunities, threats, strengths, and weaknesses. Founded on the SWOT analysis, a technique of opportunities and advantages will be exploited while threats and weaknesses will be diminished. Several types and levels of techniques will be talked over to operate the profitability and competitiveness. I will outline a plan of communication to make approaches known to all investors. Two corporate authorities will be designated to assess the efficiency of the regulating managers. I will also assess the effectiveness of management within the Company and come up with sanctions for upgrading.

I've chosen the Starbucks Corporation on which to do my case assignment for the session. I first became interested in Starbucks while working on a paper for a previous marketing class. I became intrigued at the entrepreneurial spirit that such a large corporation had managed to maintain throughout its massive expansion. Starbucks corporation, unlike many of its now-defunct rivals, has done an outstanding job since its meager beginnings in 1970 with the execution of its strategic process; resulting in it currently owning 40% of the specialty coffee market and boosting annual sales exceeding $7 billion according to Burt Helm. Historic successes and recent turmoil within the company, including a near 40% decline in 2007 in profits (Sullivan

Succession planning also shines a bright light on how well the organization develops internal candidates (something explicitly called for in the Whole Foods shareholder proposal). The development of internal candidates in turn requires careful human capital management. Failure here can set off a “horse race,” or prompt the loss or demotivation of those executives who are not being considered for the top slot, but are valuable to the company. It also demands the establishment of consistent and objective benchmarking that includes not only internal candidates, but appropriate external candidates as well.

“Starbucks began in 1971 in the Seattle’s pike place market as a retailer that roasted whole and ground coffee beans” (Starbucks, 2011). They later became the best known coffee shop in the world. According to "Starbucks" (2011), the organization has a total of 17,003 locations in 55 different countries. “Starbucks mission is to inspire and nurture the human spirit-one person, one cup, and one neighborhood at a time” (Starbucks, 2011). Team C will first decide what Starbucks competitive advantages are, and what strategies could be used to improve innovation and sustainability in a global market. Next team C will explain why starbucks chose these strategies and how the choices will affect sustainability and

Starbucks foundation is set on the belief that employees make the company what it is and by doing so Starbucks has created a unique situation where customers, employees all profit due to the decisive leadership of upper management. Howard Schultz and Howard Behar are the spearhead of Starbucks leadership and are therefore the key focus of this part of the paper.

The internal business measures Starbucks wishes to change must work in coordination with the other objectives presented in previous assignments. Although, each objective must stand on its own, they must fit like gears to promote a seamless and smooth change. When objectives step on each other in terms of priority, it is important for leadership to step in and recognize this disconnect and offer balanced solutions that can find ways to allow all objectives to be met.

Starbucks needs to evaluate the best in it is production and services. It also needs to look at it is assets compared to the competitors and if they are worthy their capability.

Coffee is one of the most beloved beverages in the world. When you think of coffee, one company always spring to mind - Starbucks. There seems to be one on every block. Who is one of the geniuses in charge of this force to be reckoned with? Willard Dub Hay joined the Starbucks family in November 2002 as the senior vice president. His team handles the purchasing, blending, roasting, recipe development, and the education of Starbucks employees in coffee. He gained responsibility in 2005 by becoming responsible for all of their global coffee procurement. He travels to different regions which grow coffee all over the world, building

The theme “Wake Up and Smell the Coffee” best describes this successful Fortune 500 company (Starbucks Company, 2003). Starbucks is considered the world’s #1 specialty coffee retailer and falls into the category of being a successful fortune 500 company (Starbucks Company, 2003.). Operating more than 10,000 coffee shops throughout the United States (U.S.), with an additional 9,575 licensees and franchisees worldwide (Starbucks Company, 2003.), their innovative business management approach continues to be strategic and innovative. Branded as a company that is well managed, measures all aspects of their business and certainly profits from their wise investments, Starbucks is a well-known business worldwide. Through thorough research, this paper will address innovation metrics learned this week with supporting analysis on how Starbucks makes innovation work for them (Hoover, 2014).

Starbucks is the company that will be discussed in this assignment. The impact that the company’s mission has had will also be discussed, as well as the success of the primary stakeholders. A SWOT analysis will be used so that their strengths and weaknesses can be analyzed as well as their threats and weaknesses. The five forces of competition will be In this capstone assignment, I will discuss Starbuck’s. I will determine the impact of the company’s mission, vision, and primary stakeholders’ overall success. An analyzation will be performed to identify the five forces of competition and their impact on the company. I will perform a SWOT analysis to determine the strengths, weaknesses, opportunities, and threats. Based upon the SWOT analysis a strategy of the strengths and opportunities will be capitalized while the weaknesses and threats will be minimized. Various levels and types of strategies will be discussed to maximize the competitiveness and profitability. I will outline a communication plan to make strategies known to all stakeholders. Two corporate governance mechanisms will be selected to evaluate the effectiveness of the controlling managers. I will evaluate the effectiveness of leadership within the corporation and make recommendations for improvement. An assessment of the efforts by Starbuck’s corporation to be a responsible and ethical corporation and the impact of these efforts on the corporation is bottom-line.