Preview

Starbucks Score Card

Satisfactory Essays
Open Document
Open Document
1216 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Starbucks Score Card
* Learning and growing perspective | Current situation 2013 | Ideal 2014 | Factor | Weighting H/M/L | Performance 1-10 | Ideal 1-10 | Factor | Weighting H/M/L | Target 1-10 | New products | H | 10 | 8 | New products | H | 10 | Improvement | M | 7 | 8 | Improvement | H | 9 | Information system capabilities | M | 7 | 6 | Information system capabilities | H | 9 | Employee capabilities | M | 7 | 7 | Employee capabilities | H | 9 | Alignment | M | 7 | 8 | Alignment | H | 9 |

* New products -. STARBUCKS being a frontrunner in coffee industry it becomes a must to be ahead of the competition, specially in the age of globalization, by successfully launching new products in terms of varieties in coffee like caramel ribbon Frappuccino, mocha cookie crumble Frappuccino and some other products as Starbucks VIA™ Ready Brew and partnering with DANNON for new yogurt line and selling of specially roasted coffee beans. Giving more variety in tea and including other range of healthy drinks and fresh juices and introducing healthy breakfast or brunch menu.

* Improvement – Customer’s have to wait in a long queue from the time of ordering to getting their drink, specially in the morning time as most of the costumer’s are office going group who like to use the service of Starbucks. They are most likely to be the next loyal costumers, so make touch screen ordering interface or a mobile app for them to order their coffee hence making the queue short. So engaging more costumers on a daily basis hence improving the Starbucks experience.

* Information system capabilities – In an era of rapidly changing environment and technological developments it is necessary for Starbucks management information system to be flexible in adding more evaluation and data analysis tools to it’s current system which is quite rigid.

You May Also Find These Documents Helpful

  • Best Essays

    * Herve R, (2004). The past, present and future of Starbucks corporation. Available: http://www.calarosbay.com/files/StarbucksCaseStudy.pdf. Last accessed 30 September 2011.…

    • 4211 Words
    • 17 Pages
    Best Essays
  • Satisfactory Essays

    Starbucks Case Analysis

    • 434 Words
    • 2 Pages

    From the very beginning sentence of Starbucks case, it is tells us the share price of Starbucks reduces 50 per cent, and the quantity of customer declines nowadays. In other words the business of Starbucks is becoming worse than previous 20 years. Although the net revenue and net earnings are increasing dramatically every year since 1995. There are still some issues affect Starbucks negatively: the strategic issue in this case is that when the number of customers becomes large, the service will be slower, thus, the customers always wait for a long time; besides that these waiting customers even cannot find a place to sit, due to the seats are not enough for so many customers.…

    • 434 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Starbucks Corporation has become one of the top producers of speciality food corporations in the world. With that said,…

    • 384 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    In order for Starbucks to even understand growth, they will need to identify their weaknesses as well as implement different strategies to address the weaknesses that were identified. Starbucks needs to consider a value discipline, generic strategy, and grand strategy to remain competitive in today’s economy. The following paper will discuss strategies recommended as well as provide examples of how combining different strategies can increase their profitability and achieve growth.…

    • 855 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Coffee, the choice of many people for their morning and afternoon pick-me-up or the choice for anytime of day. Millions of people drink coffee. Starbucks has become the leader in the coffee industry, offering gourmet coffees with various blends available to the customers. Although, the company is quite pricey, Starbucks customers are hooked on the unique flavors and the fines gourmet roasted coffees that the company offers. However, Team B is getting ready to introduce a marketing plan for a new product for the Starbucks line for the holiday season. In this paper, team B will give an overview…

    • 1559 Words
    • 7 Pages
    Powerful 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
  • Powerful Essays

    Starbucks Industry Case

    • 2421 Words
    • 10 Pages

    Although Starbucks may currently be considered the king of coffee, the company is continually mitigating the potential threats in its fierce competitive environment. With regard to Starbucks’ existing rivals, the company faces little competition in the upscale coffee shop industry with its biggest competitor being Panera Bread Company. The true threat from existing competition comes from other coffee beverage retailers such as Dunkin’ Donuts, Krispy Kreme, and McDonald’s “McCafe” shops. These lower-end coffee vendors threaten Starbucks’ continual success by offering a less expensive product.…

    • 2421 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Starbucks organizational structure has been rearranged to better accommodate customer satisfaction. Schultz, CEO of Starbucks announced the expansion of their matrix organization structure. They will operate under four U.S. divisions: Western/Pacific, Southeast/Plains, Northeast/Atlantic and Northwest/Mountain (Schultz, 2008). There are some major advantages for this kind of organizational structure which include maximized communication channels. Once the appropriate adjustments are made, Schultz believes that Starbucks will be able to develop products specifically to market appeal. The continual support in the Starbucks organizational structure support functions operating being their own department and supporting shared visions and goals for each of the U.S. divisions and the international circuit (Schultz, 2008).…

    • 819 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Broadway Cafe

    • 866 Words
    • 4 Pages

    In these days, one of employees heard a rumor that Starbucks might be opening a store nearby and concerned about the future affection of business. What we can do first to improve this situation is paying close attention to the competition through environmental scanning. It is the acquisition and analysis of events and trends in the environment external to an organization. Practically, we should first search and find out business advantages of competitors. For example, as a competitor, Starbucks did very well in its business from various ways shown on its website. So, firstly, Broad Cafe needs to set up an advanced computer system as what Starbucks does. And the system should be able to record and store every transaction, clients’ information accurately and in details. Secondly, membership card and VIP card can be applied to stimulate the sale and build loyalty among customers. In addition, reward yourself is another way for enhancing business development by offering gifts for holidays, birthdays. The last but the most important is the design of the menu which can contain special for certain periods. Café can also provide advertisements, free samples and new types of taste to meet the customers…

    • 866 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Starbucks, Case Study

    • 2084 Words
    • 9 Pages

    Based on the curriculum studied throughout the module and the undertaken research on Starbucks, this essay will analyse, examine and assess the competitive strategies pursued by Starbucks over time and how it has achieved (or not) aligning its competitive strategy with its corporate growth ambition of market penetration in the US.…

    • 2084 Words
    • 9 Pages
    Best Essays
  • Good Essays

    Starbucks

    • 615 Words
    • 3 Pages

    In this case, Starbucks’s biggest threat is competition, particularly from McDonald’s and Dunkin Donuts. Opportunities include expanding its product line, particularly into international markets, and diversifying its product line to give customers a better “experience” in AND out of stores. By creating licensing agreements with places like Marriot and Pepsi, and selling retail packs of drinks like Frappucinos in grocery stores, Starbucks increased its diversification.…

    • 615 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Coffee and Starbucks

    • 10909 Words
    • 44 Pages

    Starbucks opened its first location in Seattle 's Pike Place Market in 1971. Now Chairman Howard Schultz joined Starbucks in 1982 as Director of Marketing. Schultz visited Italy and noticed the popularity of espresso bars there. He thought this would be a great idea in the Seattle area and convinced Starbucks to open a coffee shop in downtown. Schultz founded his own coffee company and acquired Starbucks ' name and assets from its founders in 1987. The company had just 17 stores but would soon grow quickly and went public in 1992.…

    • 10909 Words
    • 44 Pages
    Powerful Essays
  • Powerful Essays

    * The North American Coffee Partnership, a joint venture worth PepsiCo, was made to create bottled or canned coffee-related products ready for mass distribution through Pepsi channels. Its first product, the Mazagran, was a failure. Later, they decided to create a bottled version of the Frappuccino that quickly became a big hit. After which, a shelf-table version of the Frappuccino was introduced which made quite an impact. The sales of these ready-to-drink beverages reached $125 million in 1997 and achieved national supermarket penetration of 80 percent. The partnership also introduced a line of chilled Starbucks Doubleshot espresso drinks in the United States in 2007. In Japan, Starbucks partnered with Suntory to sell the double shot dinks while they partnered with Arla Foods to sell the product across the United Kingdom.…

    • 1483 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    The big news exploded in March 2011. Starbucks Corporation, the largest coffeehouse company in the world and Green Mountain Coffee Roasters, Inc. enter into strategic manufacturing, marketing, distribution and sales Relationship. The companies plan to make Starbucks coffee and teas available in Green Mountains K-Cup portion packs by the fall of 2011. “Making Starbucks coffee out of Starbucks store” is one of the biggest breakthroughs. Although Starbucks have more than 10,000 chain stores in the world, but compare with the huge coffee…

    • 2228 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Spinning: Cotton and Machine

    • 8071 Words
    • 33 Pages

    With great respect, we pay our heartiest gratitude to our honorable supervisor Ismat Zerin, (Associate Professor), City University, to supervise this training work. Special thanks to Professor Dr. AKM Saiful Islam Asst. Professor & head, Department of Textile engineering, City University, for his valuable advices. Our sincere thanks goes to Mr. Sheikh Jamiluddin, Director (Akij Textile Mills Ltd.), Mr. M.R. Jamil, (Executive Director), Kazi Hasanul Kariml, Asst. manager (Maintenance), Mr. Biplabananda Chakraborty, Manager (Quality Control) Mr. Shawkat Ali, Assistant Manager (Production), and those who helped us during our training work. We also express our heartiest gratitude to the authority of the Akij Textile Mills Ltd. We owe all of the persons for their valuable aid, proper guidance, and encouragement that helps us to carry out our training work successfully.…

    • 8071 Words
    • 33 Pages
    Satisfactory Essays

Related Topics