Presentation on theme: "Starbucks:A Paragon of Growth and Employee Benefits"— Presentation transcript:
1 Starbucks:A Paragon of Growth and Employee Benefits
Bus 305Suzanne Souva, Ricardo Contreras, Kristina Saich, Albert Brown, Annette Ortiz,Josh KernJ
2 Agenda Company Introduction Mission Statement Company Strategy
Company TimelineMarket GrowthStrengths/WeaknessesOpportunities/ThreatsConclusionJ
3 Company Introduction Founded in 1971
Jerry BaldwinZer SieglGordon BowkerFirst store was located in Seattle's Pike Place MarketHeadquarters based in Seattle, WashingtonLargest coffeehouse company in the world17,651 stores in 60 countriesk
4 Starbucks MapMainly in North America and Asia.
5 Mission Statement"Our mission is to inspire and nurture the human spirit- one person, one cup, and one neighborhood at a time."k
6 Video Clip
7 Company Timeline 1971- First store opens in Seattle
1983- Italian influence1988- Offers benefits to full and part time employees1994- Opens first drive-thru location2006- Launches the first paper beverage cups
8 Company Strategy International Expansion Innovative Approaches
Goal CharacteristicsSpecific and measurableDefine time periodCover key result areasChallenging but realisticLinked to rewardsInternational ExpansionInnovative ApproachesScenario BuildingEvolution Freshsuzanne
9 Market Growth6/26/92 $17/shareEnd of $21/share
11 Employee BenefitsVs.
12 Company Weaknesses Expensive cup of coffee.
Over 3/4 of stores in U.S.A.Being too innovative
13 Opportunities Expansion into retail operations New products
14 Company ThreatsIncreased CompetitionConsumer Trendsa
15 Conclusion Fosters customer-focused culture
Provides good employee benefitsStrong global followingContinued expansion
Presentation on theme: "What is the difference between an entrepreneurial skill and an entrepreneurial characteristic?"— Presentation transcript:
1 What is the difference between an entrepreneurial skill and an entrepreneurial characteristic?
2 Self-Confident Entrepreneurs are realistic in what they can accomplish Believe in themselves and in their ability to succeed Set attainable goals and approach them with confidence
4 Perceptive Entrepreneurs are intuitive. They know what is going on. Able to identify problems and find solutions
5 F1gur471v3ly 5p34k1ng? Good example of a Brain Study: If you can read this you have astrong mind: 7H15 M3554G3 53RV35 7O PR0V3 H0W 0UR M1ND5 C4N D04M4Z1NG 7H1NG5! 1MPR3551V3 7H1NG5! 1N 7H3 B3G1NN1NG17 WA5 H4RD BU7 N0W, 0N 7H15 LIN3 Y0UR M1ND 1SR34D1NG 17 4U70M471C4LLY W17H 0U7 3V3N 7H1NK1NG4B0U7 17, B3 PROUD! 0NLY C3R741N P30PL3 C4N R3AD 7H15. PL3453 F0RW4RD 1F U C4N R34D 7H15.
6 Hard-working Long hours Need mental and physical stamina Balance work/life balance
7 Motivated Driven by an internal need to accomplish Seek opportunities for success
8 Resourceful Ask questions Develop a broad network of associates who can help them overcome obstacles
9 Able to Manage Risk Challenge or Problem? Take only calculated risks
10 Creative Look at things in a new way Take charge in shaping our world
11 Goal-oriented Work towards goals 1, 5, 10 year goals
12 Optimistic Positive mental attitude
13 Flexible Adjust to changes
14 Make own decisions, make own mistakes Be person in charge
15 Visionary Have a vision of how things should be in the future
16 Able to Get Along with Others Build an effective team
17 Assignment: Review the entrepreneurial characteristics and skills we covered. Pick five skills you have demonstrated in your life. Write a short paragraph for each explaining how you accomplished this skill or characteristic. This will be a communication mark and will be done on the class computer this class. Go to Mr. Haering’s website. https://sites.google.com/a/ocsb.ca/mr- haering/home
18 Google.ca Student Google passwords have not been changed for this year. Whatever the students set their passwords to previously is what they are. If a student has never logged into Google then their default password is s123456 (where 123456 is their student id, eg s224713) Going forward, if a student wants to change their Google Password, they will reset their Computer Password (also known as their Active Directory (AD) Password) as they have been linked together. Scenario 1 - student changes their Computer password If a student changes their computer password by logging in to a Board Computer and hitting CTRL-ALT-DEL and selecting Change Password then whatever they set their password to on the computer will also be their new Google Password. Scenario 2 - student wants to change their Google password If a student wants to change their Google Password then they will have to do it by changing their Computer password as per the above example. Scenario 3 - student forgets their Google password If a student does not know their Google password but knows their Computer Password, then they can change their Computer Password and it will become their Google password as well.
19 Entrepreneurial Skills
20 Communicate Listen Speak Write Non-verbal
21 Generate Ideas
22 Identify Opportunities
25 Make Decisions
26 Solve Problems
29 Market Your Ideas
30 Keep Records Financials Orders / Sales
31 Lead others Create a vision and then communicate that vision to others
32 Technology Use a: –Computer –Fax Machine –Photocopier –Telephone System –Security System
34 Administrative Duties
35 What Makes an Entrepreneur Tick?
36 Most Important achieve a sense of personal accomplishment be own boss have an element of variety and adventure use training and skills freedom to adopt my own approach to work troubleshoot and grow the business
37 What Makes an Entrepreneur Tick? Least Important continue family tradition do the only thing I can contribute to the welfare of my ethnic group
38 The Enterprising Person
39 Define: Enterprising Employee?
40 Enterprising Employees Defined Enterprising Employees: –show initiative, –have ideas and –do something about them, or –take advantage of opportunities to bring about change.
41 Enterprising Employees Defined Being enterprising is: –not just concerned with starting your own business (entrepreneur); It is: –about developing the skills that you need to make you innovative and commercially aware. Where you make things happen. (intrapreneur).
42 How Does an Entrepreneur Differ from an Enterprising Person?
43 Enterprising people have most of the characteristics and skills of an entrepreneur but work for a company, not themselves. Reason: They often do not want to take the financial risk to own their own business.
44 How do Employers Support Enterprising Employees This is a review of Chpt 1
45 Create a workplace culture where employees feel their input is valued and where the employee can learn from his or her mistakes Provide tools needed to achieve desired results Provide them with meaningful work opportunities
46 Provide alternative work arrangements: flex-time; telecommuting Support employees with benefit packages that are tailored to the needs of the employee
47 What could an enterprising person do around our school? Create a group of 4 Get a large piece of flip chart paper Brainstorm all the different opportunities within the school community a person could do to demonstrate their enterprising spirit.
48 What could an enterprising person do around our school? Each group is given a large piece of flip chart paper and asked to brainstorm all the different opportunities within the school community a person could use to demonstrate their enterprising spirit. Some possible responses for volunteer activities could be representing your school on a sports or academic team, being part of a club, acting in a play, and being a member of student council. Paying jobs at the school could be answering phones in the office and scoring sports games.
49 What Motivates You to Excel? Why are some people so motivated while others are not? WHY?
50 MOTIVATION: the forces within the individual that accounts for the level, direction, & persistence of effort expended at anything you do motivational speech
51 REWARDS: –Extrinsic Reward: is given to someone by another person –Intrinsic Reward: naturally occurs as a person works on a task Some People believe all it takes is a reward
52 Extrinsic RewardsIntrinsic Rewards. Pay. Bonuses. Promotions. Time Off. Special Assignments. Office Fixtures. Awards.Verbal Praise. Feelings of Competency. Personal Development.Self-Control
53 Extrinsic RewardsIntrinsic Rewards Performance bonuses Overtime & holiday premiums Profit sharing Stock options Impressive titles Preferred work assignments Praise and recognition Participation in decision making Increased responsibility Opportunities for personal growth Greater job freedom & discretion More interesting work Diversity of activities Training opportunities
54 SO…… –Does bribery work?????? –Why is it used so often?????
55 So…. What do you think? Would you work harder for a long period of time if you were promised a reward??
56 What Motivates You to Excel? Article and Video Clip –What Motivates You to Exceed Expectations http://www.youtube.com/watch?v=rrkrvAUbU9Y –18 mins