Starbucks
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Transcript of Starbucks
Diana D. Pabon
K66-18-1423
Sept
Starbucks Corporation - 2009
Vision Statement
To inspire and nurture the human spirit one person, one cup, and one neighborhood at a time.
Mission Statement
Our Coffee
It has always been, and will always be, about quality. We’re passionate about ethically sourcing
the finest coffee beans, roasting them with great care, and improving the lives of people who
grow them. We care deeply about all of this; our work is never done.
Our Partners
We’re called partners, because it’s not just a job, it’s our passion. Together,
We embrace diversity to create a place where each of us can be ourselves. We
always treat each other with respect and dignity. And we hold each other to that
standard.
Our Customers
When we are fully engaged, we connect with, laugh with, and uplift the lives of our customers
even if just for a few moments. Sure, it starts with the promise of a perfectly made beverage, but
our work goes far beyond that. It’s really about human connection.
Our Stores
When our customers feel this sense of belonging, our stores become a haven, a break from the
worries outside, a place where you can meet with friends. It’s about enjoyment at the speed of
life sometimes slow and savored, sometimes faster. Always full of humanity.
Our Neighborhood
Every store is part of a community, and we take our responsibility to be good neighbors
seriously. We want to be invited in wherever we do business. We can be a force for positive
action bringing together our partners, customers, and the community to contribute every day.
Now we see that our responsibility and our potential for good is even larger. The world is
looking to Starbucks to set the new standard, yet again. We will lead.
Our Shareholders
We know that as we deliver in each of these areas, we enjoy the kind of success that rewards our
shareholders. We are fully accountable to get each of these elements right so that Starbucks and
everyone it touches can endure and thrive.
Vision- “Establish Starbucks as the premier supplier of the finest coffee in the world
while maintaining our inflexible principles as we expand “ Moving Forward” this statement is
communicating to customers, suppliers, and employees. To have unique brand coffee.
Mission Statement
Our Coffee
It has always been, and will always be, about quality. We’re passionate about ethically supplying
the optimum coffee beans, roasting them with great care, and improving the lives of people who
grow them. We care deeply about all of this; our work is never done. (2, 7)
Our Partners
We’re called partners, because it’s not just a job, it’s our passion. Together,
we embrace diversity to create a place where each of us can be ourselves. We
always treat each other with importance and pride and we hold each other to that standard,
ensuring the latest technology is implemented for producing superior products to our loyal
customers. (4, 8, 9)
Our Customers
When we are fully engaged, we connect with, laugh with, and uplift the lives of our customers
even if just for a few moments. Sure, it starts with the promise of a perfectly made beverage, but
our work goes far beyond that. It’s really about human connection. (1)
Our Stores
When our customers feel this sense of belonging, our stores become a haven, a break from the
worries outside, a place where you can meet with friends. It’s about enjoyment at the speed of
life sometimes slow and savored, sometimes faster. Always full of humanity. (6)
Our Neighborhood
Every store is part of a community, and we take our responsibility to be good neighbors
seriously. We want to be invited in wherever we do business. We can be a force for positive
action bringing together our partners, customers, and the community to contribute every day.
Now we see that our responsibility and our potential for good is even larger. The world is
looking to Starbucks to set the new standard, yet again. We will lead. (3)
Our Shareholders
We know that as we deliver in each of these areas, we enjoy the kind of success that rewards our
shareholders. We are fully accountable to get each of these elements right so that Starbucks and
everyone it touches can endure and thrive. (5)
1. Customer
2. Products or services
3. Markets
4. Technology
5. Concern for survival, profitability, growth
6. Philosophy
7. Self-concept
8. Concern for public image
9. Concern for employees
Objectives are to establish starbucks as one of the most brand name and valued brands in the
world. To achieve this goal, the Company plans to continue disciplined expansion of its put on
the market operations, to grow its specialty operations and to selectively pursue other
opportunities by introducing new products and developing new channels of allocation.
Leading retailer and brand of coffee in each of its target markets by selling the finest
quality coffee and related products and by providing each customer a unique starbucks
experience. The starbucks experience, or third place beyond home and work, is built upon
superiror customer service as well as clean and well maintained Company-operates retail stores
that reflect the personalities of communities in which they operate, thereby building a high
degree of customer loyalty.
Starbucks’ strategy for expanding its retail business is to increase its markets share by
selectively opening additional stores in existing markets and opening stores in new markets to
support its long-term strategic objectives. In June 2008 closing 600 underperforming Company
operated store in the U.S. It was an integral part of its transformation strategy. This was as result
of rigorous evaluation of he U.S. Company-Operated store portfolio.