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The Starbucks Experience: 5 Principles for Turning Ordinary Into Extraordinary (Hardcover)
by Joseph Michelli
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Business |
Market price: ¥ 238.00
MSL price:
¥ 218.00
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Good for Gifts
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MSL Pointer Review:
Starbucks is an amazing story - this company is a whole lot more than just a cup of fresh and wholesome coffee.This book attempts to explain the reason behind Starbucks' success using customer anecdotes, insider stories, and the business strategy. |
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Author: Joseph Michelli
Publisher: McGraw-Hill
Pub. in: September, 2006
ISBN: 0071477845
Pages: 208
Measurements: 8.4 x 5.2 x 0.9 inches
Origin of product: USA
Order code: BA00775
Other information: 1 edition ISBN-13: 978-0071477840
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- MSL Picks -
Management consultant Joseph Michelli spent two years of his life trying to figure out what makes Starbucks such a successful operation. Howard Shultz, the founder of Starbucks, took essentially an ordinary cup of coffee. Prior to him, it was sold daily in some of the seediest places on the planet. He elevated it into an art form, presented in a European style environment, and sold it repetitively day in and day out for 4 to 7 times what you pay somewhere else for it. Starbucks is in a class by itself. Had you invested $10,000 in the Starbucks IPO in 1992, you would be sitting on $650,000 today. If you had been one of the 100 employees with the company in 1987, and had you stayed with them, you would be looking at 100,000 fellow employees today. Who else has had growth like this? How do you replicate the customer experience every day successfully among 11,000 stores?
This is such an extraordinarily difficult thing to do, that you will immediately realize how many other great companies have Stumbled, when it came to maintaining that unique Customer Experience. This wonderful little book answers all of these questions and more, in less than 200 delightful pages to read. Here's more of what you will learn. There are five critical sections to the book. The author has named them Principles 1 through 5. Each is a separate chapter in the book. They are:
1) Make it your own. The people who work in the stores, who do the everyday work you see are called Partners, not workers, not employees. The objective is to get a lower level associate functioning in an entrepreneurial fashion. Somehow Starbucks gets it done. Basically, each partner is asked to conduct himself in accordance with what the company calls the "Five Ways Of Being".
- Be Welcoming - Be Genuine - Be Considerate - Be Knowledgeable - Be Involved
2) Everything matters. There are two fabulous quotes that are used in this section: - Retail is Detail - All Business is Detail
3) Surprise and delight. It might be opening a store an hour early because you see a customer standing outside. Perhaps you had 10 regular customers from the library across the street, and now the library has moved. You run the Starbucks, so what do you do, you visit the new Starbucks where the library moved, and you introduce your old customers to the new Starbucks. Who does this type of thing; what business has such people affiliated with it? The answer is Starbucks. Somehow this company has managed to create these types of dedicated professionals.
4) Embrace resistance. Most companies seem to fight off criticism or complaints - not Starbucks. They look upon criticism as an opportunity to learn from the person doing the criticizing. A case in point is a high level Starbucks executive calling up a person who did a radio show flailing against what he viewed as a lack of consistency in the coffee and service at his local Starbucks. The company embraced the criticism as an opportunity to learn on a company-wide basis. This is very unusual to say the least.
5) Leave your mark. It's right in the company's mission statement. The company will "contribute positively to our communities, and our environment." From buying environmentally friendly products to constantly worrying about developing a reputation for integrity, Starbucks takes what it does seriously. This is reflected in every nuance of the customer experience.
The Starbucks Experience will give a whole new meaning to your leisure time activities. You will learn that this company is a whole lot more than just a cup of fresh, wholesome, good tasting coffee. - From quoting Richard Stoyeck
Target readers:
Entrepreneurs, managers, and business owners.
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Joseph A. Michelli, Ph.D., is the founder of Lessons for Success, a training, consulting, and keynote presentation company. He also hosts an award-winning daily radio show on KVOR-AM in Colorado and speaks to various organizations throughout the world.
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From the publisher
Wake Up And Smell The Success!
You already know the Starbucks story. Since 1992, its stock has risen a staggering 5,000 percent! The genius of Starbucks success lies in its ability to create personalized customer experiences, stimulate business growth, generate profits, energize employees, and secure customer loyalty-all at the same time.
The Starbucks Experience contains a robust blend of home-brewed ingenuity and people-driven philosophies that have made Starbucks one of the world's "most admired" companies, according to Fortune magazine. With unique access to Starbucks personnel and resources, Joseph Michelli discovered that the success of Starbucks is driven by the people who work there-the "partners"-and the special experience they create for each customer. Michelli reveals how you can follow the Starbucks way to
- Reach out to entire communities - Listen to individual workers and consumers - Seize growth opportunities in every market - Custom-design a truly satisfying experience that benefits everyone involved
Filled with real-life insider stories, eye-opening anecdotes, and solid step-by-step strategies, this fascinating book takes you deep inside one of the most talked-about companies in the world today.
For anyone who wants to learn from the best-and be the best-The Starbucks Experience is a rich, heady brew of unforgettable user-friendly ideas.
"Keen insight on the transformational power of Starbucks." - Dr. Jackie Freiberg, bestselling coauthor, Guts! and Nuts!
"Practical, proven ideas and strategies that you can apply immediately." - Brian Tracy, bestselling author of Million Dollar Habits
How did Starbucks turn a cup of coffee into a worldwide business phenomenon? With unique access to Starbucks personnel and resources, Joseph Michelli isolated the 5 key leadership principles that transformed an ordinary idea into an extraordinary experience.
Principle 1: Make It Your Own Principle 2: Everything Matters Principle 3: Surprise and Delight Principle 4: Embrace Resistance Principle 5: Leave Your Mark
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View all 8 comments |
Cherie (MSL quote), USA
<2007-05-24 00:00>
At first, I thought this book was going to be one big ad for Starbucks and maybe it is, but it's also interesting to know what a corporation that could be seen as a moneygrubbing, luxury retailer is doing right.
Beyond the tips on how to connect with your customer and how to sell your product is insight on what Starbucks does behind the scenes. For example, they make it a point to know what their coffee suppliers are paying their coffee pickers or how much pesticide is used, etc. to 'work with coffee farmers to ensure (a) high-quality product and promote equitable relationships with farmers, workers, communities, as well as protect the environment'. They work with socially-conscious groups for everything from water sanitation in third world countries to tutoring local kids. And of course, they're also trying to make a difference at home base by simply reacting to customer concerns quickly.
One thing I loved were a lot of stories dealing with how partners take ownership of situations and devote their own time/money to customer experience. You have to be doing something right when you can make someone recognize that his/her job is not just a job.
Lastly, I liked how this book wasn't just about horn tooting. Sometimes Starbucks failed. Maybe they wanted to open a store in an area that was unwelcoming and couldn't warm up the community. Maybe their new drink wasn't well-received and had to be discontinued. And no, they don't always connect with the customer and they're not always consistent with quality. They recognize there have been different problems and experiences and not every customer leaves with a hug and smile.
All in all, this is a great book to talk about corporate practices that enable progression of your core business by not just focusing on the benjamins. |
Mark (MSL quote), USA
<2007-05-24 00:00>
Dr. Michelli does a good job of illustrating these principles with anecdotes and illustrations. The tone is concise and understandable.
Upon reading the book, you'll find that these are principles that are relevant way beyond the coffee shop business. Most, if not all, of them apply to whatever business you're in. Further, they apply to life in general. Starbuck's does a great job of understanding how it needs to connect with its employees (called 'partners'), its customers, and the community in which each store operates. I was also impressed with the way Starbuck's views its 'partners', empowering them to be involved with their customers and community, and trusting them with the authority and autonomy to do what they think is necessary to maximize the customer experience and Starbucks' position in the community.
This book is a quick concise read. I read it on an airplane, but it could be done in a couple of hours while sitting in Starbuck's drinking coffee - and it would be a much better experience... The information you'll gain from reading the book makes it well worth the time. |
Neil B. Morris (MSL quote), USA
<2007-05-24 00:00>
I have not only purchased this for all of my staff members but I have been giving it out to people I know. What a powerful message to any corporation that is looking to do somthing differently and lead by the heart. Excellent Book!
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Timothy C. Meline (MSL quote), USA
<2007-05-24 00:00>
Every organization needs to be reminded that it's not just about the coffee. Restaurants are graded on both the meal and the service. The Starbucks Experience is a book that is both an enjoyable read and a moral compass. |
View all 8 comments |
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