Preview

Starbucks Strategy and Internal Initiatives to Return

Satisfactory Essays
Open Document
Open Document
1166 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Starbucks Strategy and Internal Initiatives to Return
STARBUCKS' STRATEGY AND
INTERNAL INITIATIVES TO RETURN TO
PROFITABLE GROWTH
BIMA
DHARMA
PRISILIAN
SELMA NURLIESYA RAMADHIANE
REISA
RIDWAN

• PLEASE IDENTIFY THE RESOURCES OR CAPABILITIES STARBUCKS
AND MAKE VRIN MATRIX ANALYSIS TO DECIDE WHETHER THOSE
ARE
CORE
COMPETENCIES
THAT
PROVIDE
SUSTAINED
COMPETITIVE ADVANTAGES?
• PLEASE ANALYSIS HOW FAR ETHICS AS WELL AS GOVERNANCE
ARE IMPLEMENTED IN STARBUCKS.
• IN IMPLEMENTING CSR, ANALYZE IN WHICH STAGE STARBUCKS
CSR VALUE
• STARTING IN OCTOBER 1992 AND CONTINUING
THROUGH
OCTOBER 2004, STARBUCKS GRANTED EACH ELIGIBLE EMPLOYEE
A STOCK OPTION AWARD. PLEASE DISCUSS WHAT ARE THE
BENEFITS OF THIS PROGRAM TO STARBUCKS PERFORMANCE THE
YEARS AFTER.
• DISPATCH TO ME (TRI570720@YAHOO.CO.ID) ON MONDAY 13TH
APRIL 2015 AT THE LATEST.
• GOOD LUCK, GUYS!

CASE SUMMARY
CORE COMPETENCE DARI STARBUCKS MEMANFAATKAN STRATEGI DIFERENSIASI PRODUK
DENGAN MENAWARKAN CAMPURAN PRODUK PREMIUM MINUMAN BERKUALITAS TINGGI DAN
MAKANAN RINGAN. EKUITAS MEREK STARBUCKS DIBANGUN PADA PENJUALAN KUALITAS KOPI
TERBAIK DAN PRODUK TERKAIT, DAN DENGAN MEMBERIKAN SETIAP PELANGGAN UNIK
"STARBUCKS EXPERIENCE", YANG BERASAL DARI LAYANAN PELANGGAN TERTINGGI, BERSIH DAN
TERAWAT DENGAN BAIK TOKO YANG MENCERMINKAN BUDAYA MASYARAKAT DI MANA MEREKA
BEROPERASI, SEHINGGA MEMBANGUN TINGKAT TINGGI LOYALITAS PELANGGAN DENGAN KULTUS
BERIKUTNYA. ITS KOMPETENSI INTI LAINNYA ADALAH NILAI-NILAI BERBASIS PENDEKATAN
MANAJEMEN SUMBER DAYA MANUSIA UNTUK MEMBANGUN HUBUNGAN INTERNAL DAN EKSTERNAL
SANGAT KUAT DENGAN PEMASOK, YANG MENDORONG PENYEBARAN SUKSES STRATEGI BISNIS
EKSPANSI ORGANIK KE PASAR INTERNASIONAL, INTEGRASI HORISONTAL MELALUI AKUISISI
CERDAS DAN ALIANSI YANG MEMPERTAHANKAN MEREKA JANGKA PANJANG TUJUAN STRATEGIS
MENJADI MEREK YANG PALING DIAKUI DAN DIHORMATI DI DUNIA.

THE RESOURCES OR CAPABILITIES STARBUCKS AND
MAKE VRIN MATRIX ANALYSIS TO DECIDE WHETHER
THOSE ARE CORE COMPETENCIES THAT PROVIDE
SUSTAINED COMPETITIVE ADVANTAGES?

RESOURCES OR CAPABILITIES
ANALYSIS

You May Also Find These Documents Helpful

  • Best Essays

    * Taghred khattab, Ehab Aziz, Bassem Naguib. (2008). Strategic analysis of Starbucks. Available: http://www.scribd.com/doc/9913996/Starbuck-strategic-analysis-term-paper. Last accessed 29 September 2011.…

    • 4211 Words
    • 17 Pages
    Best Essays
  • Satisfactory Essays

    Millions walk into Starbucks everyday for their cup of coffee. There are several individuals that thrive on that morning afternoon and sometimes even coffee every day. Individual by Starbucks for whatever a present and a status symbol that usually comes with it. Starbucks in my opinion uses a combination of both external and internal sources of funds. The primary source of the company funds by name comes from the retail businesses, licensing and the food service operation.…

    • 396 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Starting in Seattle with one store, Starbucks has grown across the country and has become a household name delivering one of the best tasting coffees in existence. The first Starbucks opened in 1971, serving fresh roasted coffees. “Today, more than 15,000 stores in 50 countries, Starbucks are the premier roaster and retailer of specialty coffee in the world” (Starbucks, para. 7, 2010). The organization has been successful because of excellent managerial skills and implementing sound business decisions. Starbucks mission statement reads as follows: “to inspire and nurture the human spirit – one person, one cup and one neighborhood at a time” (Starbucks, 2010, p. 1). The company values its relationships with communities, its stores, business partners, shareholders, and employees. Responsible ethical character and compliance helps the Starbucks brand protect its reputation. This paper will explain the role of ethics, procedures, Securities and Exchange Commission (SEC) compliance, and evaluate the financial performance of the Starbucks organization.…

    • 1649 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    BA 440 Starbucks SWOT

    • 870 Words
    • 3 Pages

    The “Starbucks experience” is described by www.sosemarketing.com as being one of the strongest advantages of the company. It is “the experience delivered to its customers with perfectly blended coffee, premium music, friendly staff and warm atmosphere, which results in incomparable customer service”. The laidback atmosphere that Starbucks offers its customers is a direct reflection of the target audience that the organization is trying to acquire. The brand sees a majority of its profits from the 18-38 age…

    • 870 Words
    • 3 Pages
    Good Essays
  • Better Essays

    The issues of concern within company for the purpose of understanding the strategic planning the initiative of expanding their product base. After careful evaluation of the financial records and information on the new initiatives, Starbucks provided, it is clear that this particular initiative is important to the company. The review and evaluation of this strategic plan will provide an idea of the direction the company is heading and how the implementation of this new plan facilitates the goal of the company and where they are headed. We will explain how this initiative will affect the company in the areas of cost and sales and just as importance is how this will affect the future success of the company.…

    • 1351 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Mgt602 Case Study Sample

    • 1249 Words
    • 5 Pages

    The strategic mission of Starbucks is to establish Starbucks as the most recognized and respected brand name in coffee and for the company to be admired for its corporate responsibility. Starbucks has six corporate values as its own internal guideline. Firstly, provide a great work environment and treat each other with respect and dignity. Secondly, embrace diversity as essential component in their business approaches. Thirdly, apply the highest standards of excellence to the purchasing process. Fourthly, roast and deliver fresh coffee. Fifthly, develop enthusiastically satisfied customers all of the time. Sixthly, contribute positively to communities and environment, and recognize that profitability is essential to their future success. As such, Starbucks uses these principles as a guideline for all employees to achieve the company’s goals (Starbucks, 2012).…

    • 1249 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Starbucks: Expansion

    • 431 Words
    • 2 Pages

    The expansion of a company takes not only takes leadership, but dedication and passion. QSR magazine’s article Over the Hill: 40 Years of SBUX highlights how a small company from Seattle expanded to the international company it is today. The writing discusses the journey of Starbucks’ early ages and the company’s current Chairman and CEO, Howard Schultz. The company was founded in 1971 by Gerald Baldwin, Gordon Bowker, and Zev Siegl with an initial investment of only $9000, with Schultz joining Starbucks in 1982 as its marketing chief. Despite being disencouraged by the initial founders of the company at first, Schultz was able to translate his ideas and thoughts into profit and mold Starbucks into the coffee bar with an atmosphere that he had envisioned. Throughout the 1990s, Starbucks blossomed into an American giant, growing from a local retail business into a national name with more than 1300 units.…

    • 431 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Case Study C: CASE 21: Starbucks Strategy & Internal Initiatives to return to Profitable Growth…

    • 459 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    International trade is a dynamic, ever-changing, and progressive evolution that exists in the 21st century. Countries around the world have come to depend heavily on international trade to keep their economies robust and running smoothly. Some countries have the capability to produce a particular good or product more cost-effective and efficient than a neighboring or foreign country. This is comparative advantage, and it is the basis for international trade. Comparative advantage allows a particular country to specialize in efficiently producing a certain good to export while importing a particular product that it is not efficient at producing (Hubbard & O’Brien, 2010). The country of Rodamia has a comparative advantage in exporting cheese and importing corn from the country of Alfazia. The country of Rodamia also has a comparative advantage in exporting DVD players to and exporting watches from the country of Suntize.…

    • 443 Words
    • 2 Pages
    Good Essays
  • Good Essays

    employees may join a 401K plan. There is a vesting period of five years; it…

    • 865 Words
    • 4 Pages
    Good Essays
  • Good Essays

    First is the Rapid Store expansion strategy (Starbucks Everywhere” approach). These basically are related on Domestic and International store expansion where everything about the company, company owned, company operated stores or licensing (Khan, S., 2010). Other than that, employees’ training and recognition are important too. This part is where all the system to recruit, hire and train Baristas and store managers, screening, training programmes and award for partners (Khan, S., 2010). On the other hand, real estate, store design, planning and construction are related too. Lastly, is about Store ambience that having the concept of “everything matters” and assessment of standards makes the surrounding better (Nugroho, D. and Retnowulan, 2007).…

    • 295 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Cited: Reed & Brunson (2011). Starbucks Corporation - 2011. In David, Fred R. Strategic Management Concepts: A Competitive Advantage Approach. Boston: Pearson, 2013. 125-131. Print.…

    • 4912 Words
    • 39 Pages
    Powerful Essays
  • Better Essays

    1. Whenever a company grows that rapidly as Starbucks did, from starting with 11 stores in 1987 to 7,000 stores nowadays, a lot of factors change. First of all, a major factor that changes when a company grows that rapidly is the organizational structure of the company. This can be especially true when the organization begins to expand to other geographic regions and the structure of the organization is spread out over many miles (as in the case of Starbucks). A company may start out small, but, as time goes by, more employees may be hired, necessitating the introduction of departmental managers to help create a managerial structure. Additionally, an executive team may be required to run the various aspects of the business, and there may be the need for middle managers who would report to the managers. What could describe the above is; decentralization. Now, department managers and middle managers will be necessary as it is impossible for top management to oversee all the stores. Top management need to delegate some of its responsibilities and decision-making authority to others. As more stores are located, the assets will grow and need to be financed. This can be done by either debt or equity financing in which any company needs to decide its appropriate approach.…

    • 1053 Words
    • 5 Pages
    Better Essays
  • Best Essays

    Strategic Management

    • 6428 Words
    • 26 Pages

    This proposal is about Starbucks. Starbucks is at maturity stage in product life cycle. The revenue is keep increasing since 2009, and the revenue of 2011 is $11.7 billion. The number of Starbucks stores has 17244 all over the world. The fixed cost percentage was above 89 % every year. The major Competitors are Green Mountain Coffee Roasters, Coffee Bean and Tea Leaf, Costa Coffee, Peet’s Coffee and Tea, and Caribou Coffee. There are close substitute of coffee, which are Teechino, Cafix, Genmaicha, Pero, and Roastaroma. The goals are to serve 25% of drinks that use the reusable cups, and front-of store recycling. Through this proposal, I had mentioned about identification of resources and capabilities which includes, inbound and outbound logistics, operations, marketing and sales, procurement, human resource management, technology development, and administration. There are many successful strategies for Starbucks to implement, like they offer Frappuccino with others products, become the ‘third place’ for everyone, and customer satisfaction. The most important resources for Starbucks are employees, coffee beans, and fund. I recommendation Starbucks provide delivery service, the Starbucks location should at the place where is obviously to show the signboard, and…

    • 6428 Words
    • 26 Pages
    Best Essays
  • Powerful Essays

    Hrm of Starbucks

    • 6256 Words
    • 26 Pages

    Human Resource Management & Marketing Techniques in Strategic Planning How to maintain Starbucks Coffee Company as the coffee expert in Hong Kong? Prepared by: (Name) (Course) (Teacher) (Date of Submission) Table of Contents Page Title Page 1 Table of Contents 2 1. Executive Summary 3 2.…

    • 6256 Words
    • 26 Pages
    Powerful Essays