Preview

Environmental Mission, Vision and Values of the Starbucks Corporation

Powerful Essays
Open Document
Open Document
1489 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Environmental Mission, Vision and Values of the Starbucks Corporation
Introduction

Based in Seattle, Washington, Starbucks Corporation is the largest retail coffee company in the world. As the largest coffee company in the world, the environment is an important and ongoing concern of the organization. Starbucks understands this social responsibility and the organization's impact on the environment and continuously takes steps to minimize any and all impact on the environment. An environmental mission statement was adopted by the organization in 1992. After Starbucks Corporation became a publicly traded company an environmental committee as well as a Green Team was instituted at the corporate level. "Starbucks had an Environmental Committee that looked for ways to reduce, reuse, and recycle waste, as well as contribute to local community environmental efforts. There was also a Green Team, consisting of store managers from all regions." (Thompson and Gamble, 1999)
Starbucks Corporation Background

Starbucks Corporation is a retail organization that purchases and serves coffee and espresso beverages, coffee beans, desserts and coffee related products. Packages of whole bean and ground coffee can also be found at specialty stores and supermarkets nationwide. Starbucks also has another venture, a subsidiary called the Tazo Tea Company, where a line of teas are made and sold at their retail locations as well as supermarkets and specialty stores.
Essential Components of the Strategic Management Process

Five essential components of the Strategic Management Process and they include: Developing a strategic mission and vision, setting objectives, creating strategies to achieve objectives, implementing and executing the strategy, and evaluating and correcting any errors. In light of the Starbuck Corporation's strategy of social awareness and responsibility to the environment, the following components of the strategic management process should be analyzed in light of their new strategies: Starbucks Corporation should include a



References: Daniles, Cynthia (2007, June 3). President 's Address to 2007 ASRT House of Delegates. Retrieved July 30, 2007, from American Society of Radiologic Technologists Industry. DSI Quarterly, Retrieved July 26, 2007, from http://www.thinkdsi.com/leadership/newsletter/1_2/mailingpage2.html Rogers,, R., & Riddle, S. (2006). Trust in the Workplace. The Catalyst, Summer, Retrieved July 30, 2007, from Starbucks Corporation, (2007). Starbucks Corporation. Retrieved July 30, 2007, from Starbucks Web site: http://www.starbucks.com/default.asp Thompson, A., & Gamble, J. (1999). Strategic Management. New York: McGraw Hill

You May Also Find These Documents Helpful

  • Good Essays

    Mgt 498

    • 950 Words
    • 4 Pages

    During this week’s assignments, the authors discussed the primary components of the strategic management process. In order for a company to be successful, the company will need to follow the following components:…

    • 950 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Based on the video “Starbucks Corporation: Serving more than coffee”, (McGraw Hill, 2011), Starbucks follows the four Porter points quite closely, and these efforts have had a positive impact on the financial standing and public perception of the company. Starbucks spokesperson, Sue Mecklenberg states “Social responsibility is a boost to financial well being” (2011). Through the implementation of “Eco-efficiency”, the company is able to reduce waste and utility costs for water and gas. Additionally, Starbucks offers their employees, referred to as partners, good benefits that include health plans and stock options. These, in turn help to create partner loyalty to the company, leading to low turnover, which helps Starbucks to lower recruiting and training cost. Additionally, the Starbucks customer base appears to be motivated to frequent Starbucks based on their CSR, and also helps to attract socially conscious investors. Corporate social responsibility is also a valuable tool to report and communicate back to company stake holders, what the company is doing, and provides accountability by which metrics…

    • 635 Words
    • 3 Pages
    Good Essays
  • Good Essays

    In this paper we are going to discuss the way that Starbucks is changing the world. From its early inception to what it is dong today, Starbucks is a world-changer. We will be discussing the beginning of Starbucks, its management, what Starbucks is doing for the environment, and various other aspects of the corporation.…

    • 6344 Words
    • 26 Pages
    Good Essays
  • Powerful Essays

    Strategic Initiative Paper

    • 1626 Words
    • 7 Pages

    The strategic plan includes the Shared Planet initiative. Starbucks has commenced plans to make environmental transformations to the company’s business practices through the Shared Planet. These changes include buying ethically traded coffee, which encompasses environmentally responsible grown coffee and the ethical treatment of coffee farmers. Starbucks collaborates with Conservation International to ensure that the company is meeting purchasing guidelines for socially, environmentally, and economically responsible coffee. Starbucks’ Shared Planet also embraces conservation of the growers’ surrounding communities. For example, Starbucks is committed to creating environmentally clean water filter systems in the communities that the coffee is grown. The company has also committed to recycling and reducing waste. Starbucks Initiative Plan states that by the year 2015,…

    • 1626 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    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.…

    • 946 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Starbuck's Swot Analysis

    • 1549 Words
    • 7 Pages

    Starbucks Corporation, founded in 1971, is a retailer of specialty coffee. Starbucks retails a variety of drip brewed coffee, espresso-based hot drinks, other hot and cold beverages, complementary food items, coffee-related accessories and equipment, teas, ice cream, and items such as mugs, coffee beans, and music and other non-food products through retail stores in approximately 39 countries worldwide. The company operates primarily in the US. It is headquartered in Seattle, Washington and employs about 150,000 people. Starbucks mission is “To inspire and nurture the human spirit— one person, one cup, and one neighborhood at a time” (www.Starbucks.com). Top management believes in involvement in the activities of the corporation and employees enjoy unsurpassed benefits in the industry. Schultz strongly believes that Employee satisfaction is directly related to customer satisfaction.…

    • 1549 Words
    • 7 Pages
    Powerful Essays
  • Best Essays

    Timm, Brenda (2005). “Sustainability: A Success Strategy at Starbucks.” GreenAtWorkMag.com. July/August 2005. Retrieved on July 6th, 2012 from: http://www.greenatworkmag.com/gwsubaccess/05julaug/starbucks.html.…

    • 1817 Words
    • 8 Pages
    Best Essays
  • Powerful Essays

    Starbucks Analysis Paper

    • 3758 Words
    • 16 Pages

    Starbucks is the largest coffeehouse corporation in the world. A corporation is different from other forms of businesses because it’s considered a legal entity that is completely different from its shareholders. This means that the shareholders aren’t responsible for the corporation’s actions, they are only held accountable for their own investment. Starbucks Corporation is responsible for its own actions, can sue or be sued, can buy or sell property, can enter binding contracts, and can be taxed.…

    • 3758 Words
    • 16 Pages
    Powerful Essays
  • Powerful Essays

    Starbucks, a corporation that has grown since its retail inception in 1982 to reach global stardom with over 6,000 shops worldwide, it is truly one of the most successful business ventures to-date.Starbucks purchases and roasts high-quality whole bean coffees and sells them along with fresh, rich-brewed, Italian style espresso beverages, a variety of pastries and confections, and coffee-related accessories and equipment - primarily through its company-operated retail stores.…

    • 7812 Words
    • 32 Pages
    Powerful Essays
  • Powerful Essays

    It’s been 40 years since Starbucks was founded in 1971, and a lot has changed since they first opened their doors as a small store front is Seattle’s Pikes Place Market. Their headquarters is still based out of Seattle where they got their start but Starbucks has built a brand that is recognized throughout 50 countries across the globe. Despite small changes over the years the Siren logo that adorns the entire product line is recognizable throughout the world. Starbucks mission statement is ‘to inspire and nurture the human spirit – one person, one cup and one neighborhood at a time’ (Starbucks 2011a - Starbucks Mission Statement). With over 17,000 stores worldwide, they seem to be living the statement, but they didn’t make their name on coffee alone.…

    • 1079 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Coffee Supply and Demand

    • 937 Words
    • 4 Pages

    One of the major corporations today that is trying to control a large portion of the supply of coffee is Starbuck. Starbucks Corporation is the leading retailer, roaster and brand of specialty coffee in the world. Starbucks purchases, roasts, and sells whole bean and rich-brewed coffees, espresso beverages, cold blended beverages, an assortment of food items, coffee-related…

    • 937 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Named after the first mate in Moby Dick, Starbucks was founded in 1971 by three partners in Seattle’s renowned open-air Pike Place Market. Starbucks is now the third largest restaurant chain in the country, nearly 1,000 stores in 55 countries. It was the intention of director of retail operations and marketing Howard Schlutz to make Starbucks into “the third place” consumers frequent, after home and work. You can find a Starbucks in various settings including office buildings, bookstores, and university campuses. Starbucks promotes convenience by selling its products through retail outlets. In order to remain competitive, Starbucks has introduced many new products over the years. The recent global recession brought a change in policy, causing Starbucks to cut back on expansion in the US and focus more on international markets. Taking necessary measures to remain relevant, Starbucks has come up with successful, “keep customers coming” methods such as, Breakfast pairings, VIA instant coffee, Starbucks card, even a mobile app. Another key part of the Starbucks image involves its commitment to ethics and sustainability, “people first, profit last”. Because of its strong corporate culture, Starbucks has been ranked Fortune’s “100 Best Companies to Work for” for nearly a decade as well as being voted “Most Ethical Company” Founder and chair Schlutz is a true believer that ethical companies do better in the long run. Starbucks is also actively involved with nonprofit organizations around the globe including but not limited to Bono’s Product RED who raise money for HIV and AIDS research. The company also makes $14.5 in loans t poor farmers around the world. Schlutz key…

    • 933 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Study of Starbucks

    • 256 Words
    • 2 Pages

    Began to build 75% of all new company-owned stores to be certified under the LEED® green building standard in 2011…

    • 256 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    BOS STARBUCKS

    • 273 Words
    • 2 Pages

    Starbucks Corporation, generally known as Starbucks Coffee, is an American global coffee company and coffeehouse chain based in Seattle, Washington. Starbucks is the largest coffeehouse company in the world ahead of UK rival Costa Coffee.…

    • 273 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    starbucks mission

    • 314 Words
    • 2 Pages

    Starbucks set their mission as ‘To inspire and nurture the human spirit – one person, one cup and one neighbourhood at a time’. Starbucks always passionate about ethically sourcing the finest coffee beans, roasting them with great care and improving the lives of people who grow them. They are always stressing about the quality of their coffee. Next, they always treat their partners with respect and dignity so that they can be themselves because that is exactly their passion. Moreover, starting with the promise of a perfectly made beverage, they connect with, laugh with and uplift the lives of their customers even it just for a moment. Furthermore, Starbucks want their customers feel the sense of belonging when they are in Starbucks and made the stores as a harbour which is away from worries and can meet with friends and enjoy their life which is sometimes slow and savoured but sometimes also can be very fast. After that, they want Starbucks to be a part of community and be invited in wherever they do their businesses. They will bring together their partners, customers and the community to contribute every day as the world is looking to Starbucks to set a new standard, yet gain. Next, Starbucks enjoy the kid of success that reward its shareholder. The most important is Starbucks committed to a role of environmental leadership in all facets of its business.…

    • 314 Words
    • 2 Pages
    Satisfactory Essays