Starbucks is part of a global empire that is continuously growing and which offers a new institution of business thinking. Their way of thinking positioned them on a unique level by the way of which they conduct their business. They incorporated fresh new thinking into strategic, tactical, and operational planning. The company developed a structure that encompassed both horizontal and vertical growth, with control mechanisms set in place. Even with setting such a high standard of business, there are many internal and external factors which can impact the four functions of management of planning, organizing, leading, and controlling.
As with any business, Starbucks has the task of following the four functions of management. In order to implement the functions of management, you have to understand what exactly they entail. The first step of the four functions is planning. This is an important part because it lays out the goals of a business and how to go about reaching those goals. The second step is organizing the different tasks that have been laid out in the planning process. The next step in the management process is leading. Leading is an important part of the process, where the person in charge would influence individuals to overcome all complications while assisting them in accomplishing the goals. They guide the employees and ensure that everything runs smoothly and efficiently without the loss of quality in a business.
Controlling is the last step in the management process. It requires the manager to focus on the performance of workers and make additional changes that may be needed to be successful in reaching the goal. This involves creative ways in problem solving, making the right decisions, and evaluating theStarbucks – 3 -ineffective techniques while working on new ones. However, even the best of managers cannot keep a business going with only the help of a business plan, no matter how great it might be. There are many internal and external factors which can affect any business, and possibly lead to the closing of its doors permanently.
The Essay on Management Planning Paper
... steps process planning function will increase the odds of a company to become successful in its industry. References S, T. (2011). Management: ... planning. The planning function is a six step process. These six steps are: 1. Situational Analysis 2. Alternative Goals and Plans 3. Goal ... consists of three elements: Products and Services, Business Practices and Community Engagement. This program carries ...
The rise of internal and external factors has led to the downfall of many businesses. Starbucks has been lucky enough to be on the opposite of that spectrum, with its ever-growing coffeehouses worldwide. An internal factor which could affect a business would be its employees. If the employees are
not happy, they can take it out on your business by making it look bad and provide horrible customer service. If you walk into a Starbucks, you see all of the employees working diligently together, creating a steady flow. Although the internal factor of a bad employee can easily be fixed, the external factors to a business are not as easily dissolvable.
An external factor which can affect a business is competition. You see many gas stations on the same corners or the same blocks, but you do not see anything that is exactly like a Starbucks. You do have your bookstores which offer coffee and snack collections, but when you think of a coffee shop you think of Starbucks. The competition for this company has not been bad at all. If unpleasant employees and competition were not a problem, a business would still have to focus on other factors which can impact a business.
There are several other factors that can impact the four functions of management, including globalization, technology, innovation, diversity, and ethics. Starbucks has been very successful in taking control of these factors instead of letting the factors take control of their business. When it comes to globalization, a business has to take the differentStarbucks – 4 -cultures into mind if wanting to open a location overseas. Starbucks has been very successful in this venture. Not only do they have over 600 locations in the United States alone, they have approximately 3,000 locations in 37 countries (Starbucks Coffee International, para. 1).
The Business plan on Concluding Case – Custom Coffee & Chocolate
Billions of people across the globe choose to have a cup of coffee each morning to start the day or as a morning work break but coffee has become more than just a drink. Coffee has become an ingrained part of various cultures and coffee shops can be found in most every city around the world. It is little wonder that coffee ranks among the world’s largest commodity markets second only to oil (&# ...
Starbucks was successful in opening worldwide locations because it took the occupying country’s culture and language into consideration. Technology has also helped with the growth of Starbucks.
Technology is improving everyday, and Starbuck’s has taken advantage of this. The internet, for example, has helped many people browse businesses, see what they have to offer, and even find a nearby location all from the comfort of a person’s home. With many locations, it is easy to run across a Starbucks. However, if you were to leave the state, or even the country, it may be a little more difficult for you to locate one. That’s where the internet comes into play. Finding a location nearby is simply just a click away. Using the internet, Starbucks has increased its business. Not only can you use their web site to find different locations, but you can also obtain information about their company, their online store, career opportunities, press releases, and even their place in the stock market.
Not only is technology improving, but so are the innovations created by Starbucks. Innovations are important because customers are interested in new and appealing things, especially if it benefits them in some way. Their coffeehouses make their customers feel more welcomed. Not only do they provide outlets for laptops, but “the layout and atmosphere of Starbucks stores are specifically designed to be cozy and intimate… the combination of sofas, [and] armchairs… means that there is something forStarbucks – 5 -everyone” (Starbucks in the UK, para. 2).
Along with comfort, they now provide nutritional information for their drinks and snacks. Many of the sandwiches come with the nutrition label already attached. If there is not a nutrition label on their product, they offer a number to call, in which their customer care team can provide the customer with any information that they may need. Another innovation that Starbucks offers is the convenience of having a Starbucks coffee, hot cocoa, and tea station right there at work. Does it get anymore convenient than that? Innovation has brought convenience as well as diversity.
The Business plan on Starbucks Corporation Essay Gourmet Coffee
... a direct response business, supermarkets, and online at Starbucks. com. Additionally, Starbucks produces and sells bottled Frappuccino (R) coffee drink, a line ... on first time buyers and must compete for all customers. Also in the shakeout stage, existing companies continue ... in 32 countries outside North America. This expansion started in 1996 in Japan, where 300 Starbucks locations operate ...
Diversity allows for a larger selection of goods and services. Everybody is different so many things need to come in a variety so that customers can pick and choose to their liking. Starbucks has done just that. They offer many drinks and snacks to choose from. Some are around all year long while others are only seasonal. The holidays, for instance, brings about new drinks such as peppermint mocha, eggnog latte, gingerbread latte, and peppermint mocha frappuccino. What if you are not a coffee person? Then you have other choices like tea and hot cocoa. They even have a peppermint flavored hot cocoa this time of the year. Diversity makes it possible for everybody to have a favorite drink, although not all countries will accept the same choices in diversity. With the change in cultures, tastes vary greatly but ethics are usually universal.
Ethics play an important role in all businesses. Ethics are beliefs and principles which are followed to maintain an honest work environment and provide an honest service. Without ethics, people would be manipulated and treated unjustly. Good morals should be established and followed through no matter what country you may operate aStarbucks – 6 -business from. Starbucks lives by this rule. When establishing another coffeehouse in a foreign country, the chairman and chief global strategist of Starbucks, Howard Schultz, strongly believes that they must “remain highly respectful of the culture and traditions of the countries in which [they] do business… [they] must continue to earn the trust and respect of customers every day” (Starbucks Coffee International, para. 4).
With ethics established and followed, a business has a much better chance of succeeding no matter where it may be located. While managers use ethics to operate an honest business they can also use delegation to manage the different factors discussed.
Delegation is the process of handing over responsibilities to another. Managers sometimes put too much pressure on themselves to do everything on their own to make sure the task is completed the way in which they want it completed. When managers delegate tasks to other individuals, it is taking a lot of pressure off of their own shoulders and at the same time is instilling trust in his or her employees. When trust is established, then a business can run smoother. If you have ever been to a Starbucks, you may have seen how busy it gets. With the original drink selections and the time it takes to make several of the drinks, several employees are needed to keep up the pace. If the manager did not delegate certain tasks to certain employees, then customers would wait even longer and orders are more likely to end up wrong. The planning of what will happen within a business, the organizing of tasks to employees, and the leading of what to do versus what not to do gives the manager control of where to delegate within the business.
The Essay on Business & Organizational Ethics
Course Description: This course is designed to develop an understanding of the theory and practical application of ethical issues facing business and organizational leaders/ in the 21st century. Students will explore a variety of ethical paradigms and will become actively engaged in the evaluation and in-depth examination of critical topics in management today. This course is organized in a ...
Working through the four functions of management and the factors that have the capability of impacting the business, Starbucks has proven itself time and time again.
Starbucks – 7 -They managed to grow into over 37 countries and continue to create new ideas on how to bring in more business. The Starbucks Company, with its pricey cup of coffee, could be a blueprint for innovative businesses because it has become a global empire with very little competition. They offer comfort and style, which caters to the customers. They saw the future, planned, and structured accordingly. When the specialty coffee excitement emerged, Starbucks locked on. Their continuous ability to be innovative has helped them grow to where they are today. Any business that has the ability to build itself up in the United States and still grow rapidly overseas with such great results deserves all the attention that it has earned.
Starbucks – 8 -References
Starbucks Coffee Company United Kingdom. (2005).
Starbucks in the UK. RetrievedDecember 13, 2007 from http://starbucks.co.uk/en-GB/_About+Starbuks/Starbucks Investor Relations. (2007).
Starbucks Coffee International. RetrievedDecember 13, 2007 from http://investor.starbucks.com/phoenix.zhtml?c=99518&P=irol-IRHome
The Essay on Starbucks Shops Coffee Competition
Starbucks Corp. purchases and roasts high-quality whole bean coffees and sells them along with fresh brewed, Italian style espresso beverages, a variety of pastries and confections, and coffee related accessories and equipment - primarily through its company-operated retail stores. Starbucks does not franchise, but enters into licensing arrangements with companies that provide access to real ...
