Starbucks on Strategy
As uninterested as I am in promoting Starbucks as an admirable company, I must admit that I agree with the insights John Moore from Brand Autopsy has about the company’s business strategy. Starbucks certainly charges an arm, a leg and several toes for its java, but it also most certainly, “made the common cup of coffee uncommon.” And that is no mere feat.
What can we learn from their example? Hopefully more than just the raw capitalistic desire to become monolithic and suffocate local markets… Innovate with passion and strive to make the common uncommon and you’ll make your customers sing. Do it with strong ethics and socially responsible intentions and I’ll be proud to sing along as well.
TAGS: Starbucks | Strategy | Ethics | Coffee
This entry was posted on Thursday, October 13th, 2005 at 8:09 am and is filed under Business Ethics, Business Strategy. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.
