MBA 552 SUSTAINABLE LEADERSHIP WINTER‚ 2011 DR. PHILIP ANDERSON STARBUCKS AND SUSTAINABLITLITY KAI A. SORENSEN‚ PhD Dr.kai@hotmail.com 630.205.0333 INTRODUCTION In the July-August‚ 2010 issue of the Harvard Business Review‚ Starbucks CEO Howard Schultz was asked how he ultimately defines shareholder value: I do not believe that shareholder value is sustainable if you are not creating value for the people who are doing the work and then for customers. Quintessentially we are
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1971‚ Starbucks has established itself as the world’s leading retailer‚ roaster and brand of specialty coffee with over with 17‚009 stores in 55 countries. The company‚ which ranks amongst the world’s top 100 global brands according to Interbrand 2006‚ has an impressive record of sales and profit growth. In FY2006 Starbucks achieved a sales turnover of $7.8 billion‚ an increase of 22% on 2005‚ and operating margin of 11.4%. In 2010 the revenue of Starbucks is $ 10.71 billion. Starbucks Headquarters
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and Orien Smith (CEO)‚ Starbucks‚ based in Washington‚ has grew rapidly since they started the business in the early 80s in Seattle to one of the largest chains of coffee brewer in the world. Ever since it went public in the 1991‚ Starbucks has expanded enormously and as for 2012‚ Starbucks own 12‚936 outlets solely in the United State. However‚ this growth would not be able to last longer if Starbucks do not continue to expend to the other countries to take opportunities for more profit growth
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STARBUCKS Starbucks Corporation (NASDAQ: SBUX) is an international coffee and coffeehouse chain based in Seattle‚ Washington. Starbucks is the largest coffeehouse company in the world‚ with 17‚009 stores in 50 countries‚ including over 11‚000 in the United States‚ over 1‚000 in Canada‚ and over 700 in the United Kingdom. Starbucks sells drip brewed coffee‚ espresso-based hot drinks‚ other hot and cold drinks‚ coffee beans‚ salads‚ hot and cold sandwiches and panini‚ pastries‚ snacks‚ and items
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History of Starbucks The history of Starbucks began in Seattle‚ WA on March 30th 1971 where three associates‚ Jerry Baldwin‚ Zev Siegl and Gordon Bowker decided to start their own business. They were passionate about coffee and created a small coffee shop. The store initially just sold roasted coffee beans as well as tealeaves and spices rather than the drinks they have become so famous for. The small did well and they rapidly opened six more stores in Seattle‚ becoming the largest coffee roaster
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jingying (CEO 0f Starbucks China) $14.9 billion (total 2013) $9.17 billion(China 2013) 10.4%(2013) 200000 (total 2013)12000 (China 2013) Coasta Coffee‚ McCafe2 Company Background & History History of Starbucks In 1971‚ Starbucks opens first store in Seattle’s Pike Place Market. In 1982‚Howard Schultz joined Starbucks as the director of retail operations and marketing. Starbucks begins providing coffee to fine restaurants and espresso bars. In 1984‚ the first Starbucks® Caffè Latte
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Background of Starbucks In 1970s‚ Starbucks opens first store in Seattle’s Pike Place Market. The name comes from Herman Melville’s Moby Dick‚ a classic American novel about the 19th century whaling industry. The seafaring name seems appropriate for a store that imports the world’s finest coffees to the cold‚ thirsty people of Seattle. In 1980s‚ Howard Schultz joins Starbucks as director of retail operations and marketing. Starbucks begins providing coffee to fine restaurants and espresso bars
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Jens Philip Therp Retail Marketing November 28th‚ 2012 Starbucks has been the leading retailer of specialty coffee since they opened up their first store in Seattle in 1971. Today Starbucks have over 17000 stores in more than 50 countries‚ all of them with a commitment to providing the highest quality coffee in the world. In the fiscal year 2011‚ Starbucks reported all time record net revenue of $11.7 billion. Starbucks is one of the strongest retail brands in the world‚ which makes them a
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Abrams‚ Watchorn The Globalization of Starbucks 2.) What drove Starbucks to start expanding internationally? How was the company creating value for its shareholders by pursuing an international expansion strategy? A.) The catalyst for the international expansion of Starbucks was the vision and experiences of Marketing Director and future CEO Howard Schultz. In the early 1980s Mr. Schulz went to Italy and experienced the Italian coffee house. Starbucks under the leadership of Mr. Schulz copied
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Starbucks Contents Introduction 3 The organization’s strategic position 3 External drivers affecting this organization 6 Value adding in Starbucks 9 Sustainability of Starbucks’s strategic position 13 Conclusion 14 References 15 Introduction Starbucks‚ the biggest coffee retailer in the world‚ grows from a small‚ regional business into the undisputable leader in the specialty coffee industry. It arrives in the UK in
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