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Page 1: 07 Starbucks Power Point Trust

8/3/2019 07 Starbucks Power Point Trust

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SHRM Foundations 5th DVD

Filmed at Starbucks Headquarters, Seattle

Featuring Wayne Cascio, Ph.D.

Comprehensive Interviews

Officers, Managers and Employees

 Video Overview  Video Overview 

SHRM Foundations 5th DVD

Filmed at Starbucks Headquarters, Seattle

Featuring Wayne Cascio, Ph.D.

Comprehensive Interviews

Officers, Managers and Employees

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 Video Synopsis Video Synopsis

Introduction

 A Business of People

Description of Starbucks Business

Mission and GuidingPrinciples

Corporate Social

Responsibility

Working Environment and Trust 

Health Benefits and the

Relationship with Partners

The Role of HR

 Advice for Small Companies

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Company Overview Company Overview 

United States:

50 States + D.C.

6,281 Company-Operated Stores

3,533 Licensed Stores

International: 39 Countries

1,553 Company-Operated Stores

2,361 JV & Licensed Stores

United States:

50 States + D.C.

6,281 Company-Operated Stores

3,533 Licensed Stores

International:

39 Countries

1,553 Company-Operated Stores

2,361 JV & Licensed Stores

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Company Overview 

Products

30 Blends of Coffee

Handcrafted Beverages Merchandise

Fresh Food

Starbucks Entertainment 

Global Consumer Products

Starbucks Card

Brand Portfolio (Tazo, Ethos, Seattles Best)

Company Overview 

Products

30 Blends of Coffee

Handcrafted Beverages Merchandise

Fresh Food

Starbucks Entertainment 

Global Consumer Products

Starbucks Card

Brand Portfolio (Tazo, Ethos, Seattles Best)

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Company Overview 

Headquarters: Seattle, WA

IPO: 1992, 165 Stores

2006 Sales: $7.8 billion

Employees: 140,000

Company Overview 

Headquarters: Seattle, WA

IPO: 1992, 165 Stores

2006 Sales: $7.8 billion

Employees: 140,000

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DiscussionQuestions

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How can companies build a

relationship based on trust with their employees?

Provide support 

Share success

Extend ownership

How can companies build a

relationship based on trust with their employees?

Provide support 

Share success

Extend ownership

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How does a company live by 

its guiding principles?

Use them as a point of reference

Make decisions based on them

Embed them in interactions withcustomers and partners

How does a company live by 

its guiding principles?

Use them as a point of reference

Make decisions based on them

Embed them in interactions withcustomers and partners

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 W hat does workforce

diversity mean for anorganization?

Diverse leadership

Different styles

Impact on value

 W hat does workforce

diversity mean for anorganization?

Diverse leadership

Different styles

Impact on value

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 Audit management decisions

Survey employees

 Act based on frontline feedback

How does a company remain

faithful to its mission?

How does a company remain

faithful to its mission?

 Audit management decisions

Survey employees

 Act based on frontline feedback

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 W ith whom does the company 

interact through CorporateSocial Responsibility?

Customers

Suppliers

Communities

 W ith whom does the company 

interact through CorporateSocial Responsibility?

Customers

Suppliers

Communities

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Put people first 

 Accessible top management 

Homogeneous organizationalenvironment 

How do companies create a

³Top-100´ environment?

Put people first 

 Accessible top management 

Homogeneous organizationalenvironment 

How do companies create a

³Top-100´ environment?

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 W hat should companies

know about trust?

Trust is earned

Trust is fragile

Trust needs to be nurtured

 W hat should companies

know about trust?

Trust is earned

Trust is fragile

Trust needs to be nurtured

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How can health benefits

contribute to build trust?

How can health benefits

contribute to build trust?

They safeguard employees well-being

They create engagement 

They are valuable for the employee,for the company and for the

community

They safeguard employees well-being

They create engagement 

They are valuable for the employee,for the company and for the

community

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 W hat is the role of HR in a

 business made of people?

 W hat is the role of HR in a

 business made of people?

Provide strategic input 

 Assist the organizations line

managers

Promote organizational culture

Provide strategic input 

 Assist the organizations line

managers

Promote organizational culture

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Financial History Financial History 

   C  o  m  p  o  u  n   d   A  n  n  u  a   l    G  r  o  w   t   h   R  a   t  e  s

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ComparisonComparison

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Five ImportantLessons

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5 Lessons5 Lessons

1. Trust is the foundation of performance

2. Trust is fragile

3. Communicate often in ways that support corevalues

4. Involve employees in decisions that affect them5. Survey employees regularly about how leaders 

behavior supports the companys mission andvalues