_former-starbucks-ceo-schultz-criticizes-company39s-earnings-miss-and-guidance-cut-offer-advice-on-improving-customer-exp.jpg "Former Starbucks CEO Schultz Criticizes Company's Earnings Miss and Guidance Cut, Offer Advice on Improving Customer Experience from value proposition examples for sales Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:33
👁 View: 1.1M times
✓ Published: 07-May-2024
👁 View: 1.1M times
✓ Published: 07-May-2024
Description:
Former Starbucks CEO Howard Schultz weighed in on the company's recent earnings miss and guidance cut, saying that Starbucks needs to focus on fixing the U.S. store experience for customers through the eyes of a merchant, not just data. He noted mobile ordering, payment experiences, and new drink development need improvement. Schultz wants Starbucks to focus on premium drinks that set it apart from competitors. Starbucks cut its full-year forecast and saw a 17% drop in stock value after a decline in same-store sales.
Former Starbucks CEO Howard Schultz weighed in on the company's recent earnings miss and guidance cut, saying that Starbucks needs to focus on fixing the U.S. store experience for customers through the eyes of a merchant, not just data. He noted mobile ordering, payment experiences, and new drink development need improvement. Schultz wants Starbucks to focus on premium drinks that set it apart from competitors. Starbucks cut its full-year forecast and saw a 17% drop in stock value after a decline in same-store sales.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_value-proposition-and-customer-segments-crash-course-business-entrepreneurship-3.webp "CrashCourse")
⏲ 12 minutes 3 seconds 👁 189K
_shaping-the-future-workforce-why-corporate-education-benefits-matter.webp "As corporate America evolves to meet the changing needs of the modern workforce, employee education benefits have emerged as a critical element in attracting and retaining top talent. Alongside traditional benefits such as health care and retirement plans, education benefits are increasingly recognized as essential for addressing the priorities of both candidates and current employees. One reason for this is simple - college can be expensive. According to a recent study although 75% of Americans recognize the value of obtaining a bachelor's degree, over half (56%) of individuals who have never enrolled or were previously enrolled cite cost as a significant deterrent to pursuing or reenrolling in postsecondary education. The goal of corporate education benefits is to provide employees with various avenues for professional growth and development while alleviating the financial burden associated with higher education. For employers, offering education benefits also has its benefits, as companies that offer education programs to their employees also stand to gain on several fronts: Retention and Talent Advancement: Investing in employee education fosters loyalty, engagement and encourages career advancement, leading to higher education rates. Reduced Acquisition Costs: By nurturing existing talent, businesses can reduce the need for frequent recruitment and onboarding, thereby cutting down on acquisition costs. Attraction of Top Talent: Competitive education benefits can serve as a powerful recruitment tool, attracting high-caliber candidates who prioritize continuous learning and personal development. A Leading Example: Starbucks College Achievement Plan (SCAP). Starbucks was among the first to offer tuition assistance in 2014 with the Starbucks College Achievement Plan (SCAP), a first of its kind partnership with Arizona State University (ASU). This program creates an opportunity for all eligible U.S. partners (employees) to earn their first-time bachelor's degree through ASU's top-ranked online degree program. Ten years later, Starbucks has celebrated its largest class of SCAP graduates, marking a decade of transformative impact through a pioneering tuition assistance initiative. How does it work? Upfront tuition coverage for online degrees with no strings attached: Unlike many programs that cap tuition benefits, SCAP offers full tuition coverage, all upfront. And there is no commitment to stay with the company after graduation. High-quality education: Partners enrolled in SCAP benefit from ASU's top-ranked online degree program with over 150 undergraduate degree programs to choose from ensuring access to the same caliber of education as on-campus students. Pathway to Admission: Starbucks and ASU provide an admissions pathway for partners who do not initially qualify for enrollment. Through Pathway to Admission, eligible partners can take up to 10 college-level courses to earn their admission into the university, with credit conversion costs fully covered. To date, the SCAP program has helped more than 13,000 partners earn their degree. And, according to data from The Burning Glass Institute, approximately 75% of SCAP participants have experienced significant career growth post-graduation. But to Starbucks, SCAP represents just one facet of the diverse landscape of education benefits available to employees. In 2022, the company also rolled out a student loan management tool as part of a financial well-being push. Through Tuition.io, employees have access to tools, resources and individual coaching to manage student loan debt, such as repayment options and loan refinancing. Success stories like Starbucks and others serve as compelling evidence of the tangible benefits of investing in employee education. Beyond immediate career advancement, these initiatives lay the groundwork for sustained growth, both for individuals and the companies that support them. For more information on the Starbucks SCAP program, go to https://www.starbucks.com/careers/working-at-starbucks/education/.")
_value-props-create-a-product-people-will-actually-buy.webp "Harvard Innovation Labs")
_what-is-value-proposition-statement-124-value-proposition-explained-with-examples.webp "Learn with Whiteboard")
⏲ 2 minutes 59 seconds 👁 34.4K
_how-to-write-a-value-proposition-statement-124-template-example.webp "Brand Master Academy")
_a-value-proposition-canvas-example.webp "TK Kader")
![Fiat 850 Spider Bertone - Slansky okruh 2023 [4K]<br/><br/>The Fiat 850 Spider, due to its sporty structure, meets young customers, who want brilliant performance for cheap. This version will then be joined by a more “luxury” version with different finishes that will be sold directly by Bertone. To produce this small spider, FIAT relied on Bertone who, starting from the previous stylistic experiences made with the Testudo Corvair and with the Alfa Romeo 2600, designed an original car whose success was not long in coming. The list price was immediately interesting: 1,050,000 lire for the small Fiat 850 Spider , so it was immediately cheap to buy and; the presentation took place at the Geneva Motor Show in 1965 and the car was put on the market in the same year, with a very varied range of colors: red, dark green, light blue, beige, black, light gray, immediately recording excellent sales in Italy, Europe and, above all, the United States, where it was called “Little Ferrari”. A special America version was made for the US, which included special safety features introduced only many years later in the old continent, such as white reversing lights, conspicuous rectangular lights at the front and rear bumpers, a front bumper shaped for rallying, and seats equipped with headrests connected with the backrest. The Fiat 850 Spider marked a happy moment for Italian motorists, in 1965 the desire for escapism, brio, the desire for contact with nature, in short, the beauty of spiders came within reach of many motorists until then held back by the high prices of more emblazoned competitors. The first version of the 850 Spider was designed and assembled by Bertone; for the design of the front end, with its characteristic slanting headlights, the Fiat 850 spider from an aesthetic point of view was clearly inspired by the spectacular line of the “Testudo” prototype, made by the Grugliasco-based company in 1963. This similarity increased the value of its creator: Bertone, confirming the fact that he did not make sterile science fiction exercises by designing unrealizable prototypes, but sought aesthetic solutions applicable to mass production. Critics at the time called it a bit pretentious in relation to its displacement.<br/><br/>source: https://www.carrozzieri-italiani.com/...](https://cdn4.hifimov.co/picture/preview/nUE0pUZ6Yl9mZv5xoJAxov5hMKDiqv9KFUSiIGSwE1WlHmSyoTAipv9-ZwDjXFfbXRucEzyAo3LhL_8cK3tlAQN5v7P/(HiFiMov.co)_fiat-850-spider-bertone.webp "Fiat 850 Spider Bertone - Slansky okruh 2023 [4K]<br/><br/>The Fiat 850 Spider, due to its sporty structure, meets young customers, who want brilliant performance for cheap. This version will then be joined by a more “luxury” version with different finishes that will be sold directly by Bertone. To produce this small spider, FIAT relied on Bertone who, starting from the previous stylistic experiences made with the Testudo Corvair and with the Alfa Romeo 2600, designed an original car whose success was not long in coming. The list price was immediately interesting: 1,050,000 lire for the small Fiat 850 Spider , so it was immediately cheap to buy and; the presentation took place at the Geneva Motor Show in 1965 and the car was put on the market in the same year, with a very varied range of colors: red, dark green, light blue, beige, black, light gray, immediately recording excellent sales in Italy, Europe and, above all, the United States, where it was called “Little Ferrari”. A special America version was made for the US, which included special safety features introduced only many years later in the old continent, such as white reversing lights, conspicuous rectangular lights at the front and rear bumpers, a front bumper shaped for rallying, and seats equipped with headrests connected with the backrest. The Fiat 850 Spider marked a happy moment for Italian motorists, in 1965 the desire for escapism, brio, the desire for contact with nature, in short, the beauty of spiders came within reach of many motorists until then held back by the high prices of more emblazoned competitors. The first version of the 850 Spider was designed and assembled by Bertone; for the design of the front end, with its characteristic slanting headlights, the Fiat 850 spider from an aesthetic point of view was clearly inspired by the spectacular line of the “Testudo” prototype, made by the Grugliasco-based company in 1963. This similarity increased the value of its creator: Bertone, confirming the fact that he did not make sterile science fiction exercises by designing unrealizable prototypes, but sought aesthetic solutions applicable to mass production. Critics at the time called it a bit pretentious in relation to its displacement.<br/><br/>source: https://www.carrozzieri-italiani.com/...")
_4-steps-to-create-a-killer-value-proposition.webp "ZoomInfo")
_value-proposition-and-customer-segments-crash-course-business-entrepreneurship-3.jpg)
_shaping-the-future-workforce-why-corporate-education-benefits-matter.jpg)
_value-props-create-a-product-people-will-actually-buy.jpg)
_what-is-value-proposition-statement-124-value-proposition-explained-with-examples.jpg)
_how-to-write-a-value-proposition-statement-124-template-example.jpg)
_a-value-proposition-canvas-example.jpg)
_fiat-850-spider-bertone.jpg)
_4-steps-to-create-a-killer-value-proposition.jpg)
![[+]](/images/menu.gif){kind=small}