Customer requests in Starbucks in Manhattan Beach, California, on July 19, 2024.
Jakub Porzycki | Norfuto Gety pictures
like Starbucks It aims to restore customers and calm investors through a strategy that transforms them, and also defeated store managers with promises to add more seats inside cafes and promotion internally.
Since the CEO The first week of Bian Nicole In the company, he pledged to bring the company to “return to Starbucks” to raise slow sales. This goal was in full view of the company’s driving experience, and it happened for three days in Las Vegas for more than 14,000 store drivers this week.
Starbucks unveiled a new coffee called Mashwa 1971, a call to the year in which its first location was opened in Pike Place in Seattle. The final qualifiers at the First Parista World Championship in Starbucks referred to “returning to Starbucks” while preparing drinks for judges. Even the WiFi password was “Backtostarbucks!”
For investors, I already presented Nicole A multi -part strategy that includes re -equipping the company’s marketing strategy, improving employees in cafes, repairing mobile phone applications problems in the series and making their sites more comfortable. The company also Nearly 1,100 companies have been demobilized Earlier this year, saying it aims to work more efficiently and reduce repetition.
Starbucks shares have increased nearly 20 % since April, and they traded only shyness from where they were after about 25 % of the height on the day Nicole was announced as CEO.
While Starbucks took great steps for the retreat of customers Wall Street, she is also trying to restore faith among her employees. Employees had concerns about watches and work burdens for years, which sparked a wide boost in the United States
To excite the store managers in the series, the Stadium of Starbucks has focused this week on giving them more control. Before launching new drinks, such as the cold foam full of protein, the company first tested in five stores to obtain notes from Paristas.
When the series increases its employees this summer, managers will have more inputs about the number of Parista they need. Next year, most North American stores will add an assistant manager to their lists.
Nicole said on Tuesday: “You are Starbucks. Your focus on the customer is very important.
Transformation
Brian Nichols, CEO of Starbucks, speaks with CNBC on October 31, 2024.
CNBC
NicCol’s “return to Starbucks” strategy focuses on the idea that the company’s culture has fallen. Its leadership experience, which is usually held every two years, was the first since 2019 – three senior executives.
Nicole said on Tuesday afternoon: “We are a work of communication and humanity,” as it addresses a crowd of more than 14,000 managers. “The great people make great things that happen.”
Since more customers are asking for their projects through the company’s application, its cafes have lost their identity as the “third place” for people to lock up and the grace of their drinks.
To return to the previous Starbucks culture, the company relaxes previous decisions – such as removing seats from its cafes. In recent years, the series has removed 30,000 seats from its sites. These renovations have sparked irritation of customers and employees; Even the local Starbucks manager in Newcom’s Nioport Beach, California, asked him to remove her store from her renewal list because she wanted to keep sitting, according to Nicole.
“We will return these seats,” Nicole said, as it brought a large wave of applause from the audience.
He got more applause from the audience when discussing the series plans to promote internally because it eventually adds 10,000 sites in the United States
Although approximately 60 % of Starbucks store managers were internal offers, the company wants to raise this to 90 % for retailers. Thousands of new cafes mean 1,000 other managers, 100 regional directors, 14 regional deputies of the company – and more job mobility for store leaders.
Employment was broaderly a source of concern for Starbucks and its employees, providing a wave of federation elections through hundreds of its stores. The previous administration teams reduced the workers allocated to the stores, which helped profit margins at the expense of burning Paristas and slow service.
Under Nicole, Starbucks changes the direction. The company speeds up plans to launch the new green apron model by the end of the summer, because the tests showed that they improve service times and enhance traffic. As part of the model, managers will have more inputs about how much the work needs of their store.
The chief officer, Sarah Kelly, received a great applause from the crowd to announce that most of the sites of North America will receive a specialized assistant store director next year.
“Throughout most of the time, your store works without you there, and you participate in that even when you are not in the store, you are unable to cut the connection completely, and you may feel that the weight of everything is on your shoulders … It affects everything, the partner’s experience, customer experience, and the performance of your store,”
Shortz approval seal
Emphasizing the challenges Nicole faces in restoring the company’s brand, the two speakers who have registered more applause than the company’s store managers are no longer participating in the company.
Former President Melody Hobson’s president registered a standing applause as she entered and went out to the scene. Hopson, who wipes tears from her eyes, thanked Starbucks who have always said to her to feel welcomed in their stores.
she Stem From his position earlier this year, she ended nearly two decades of time when she became the first African American woman to become an independent president of Fortune 500. Hobson also works as a participant in Ariel’s investments.
Hopson abdicated her platform as the council president to Nicole when he joined the company in September. Nicole credit for her in overfishing from Chipotle Starbucks also sought to find a leader who could turn his amazing work.
Nicole said: “A quick conversation (with Hopson) turned into a really special thing for me,” Nicole said.
Hopson’s friend Hobson for a long time, Howard Schultz, also got a warm applause from store managers.
The former CEO of Starbucks Howard Schultz from a cup of Starbucks drinks during the testimony in front of the hearing of the Health, Education, Labor and Pensions Committee in the Senate to answer questions about the company’s compliance with the Labor Law in Capitol Hill in Washington, United States, March 29, 2023.
Julia Nikhnson Reuters
Schultz, CEO three times who grew Starbucks from a small chain to a coffee force, a surprise appeared in the driving experience on Wednesday morning. This was the first time that he had publicly appeared with Nicole since the board of directors threw his selected successor, Laxman Narisimhan, and the CEO of Chipotel chose then to take matters.
Starbucks has always been afflicted with questions about a caliphate, given the former Schultz’s willingness to return to the company’s head. But since the appointment of Nicole, I have thought of industry analysts It may finally be the CEO who managed to escape the effect of Schultz on the giant on the giant of the coffee.
Schultz’s ghost continued earlier in this event. Niccol share a story about inspiration to hear Schultz talks at Yum BrandsNicole’s employer at the time, in 2008. The 71 -year -old president also appeared in a video on Tuesday afternoon to thank Hobson for her service to the company.
During his conversation with Nicole on Wednesday, Schools participated in the signature I planned to return to Starbucks, “saying that he had a wheel in his living room the first time he heard about it.
The managers also asked to return this energy to their Starbucks sites.
“Be honest with coffee, be honest with your partners,” Schultz told the audience. “And I know that we will come out of here … like the tidal wave, amazement and joy in the world and prove all these accused again, just as we did in 1987.”
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