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The Starbucks Experience
Book

The Starbucks Experience

5 Principles for Turning Ordinary Into Extraordinary

McGraw-Hill, 2006 plus...


Editorial Rating

6

Qualities

  • Overview
  • Background

Recommendation

Starbucks executives claim that the company's customer-friendly, socially responsible policies amount to a new business model, and author Joseph A. Michelli generally agrees. Certainly the company has been innovative and wildly successful. Unfortunately, Michelli's decaffeinated, artificially sweetened account of Starbuck's retailing prowess often reads as though the writer is giving a boost to the company's PR department – and the book cover design doesn't help, with its Starbucks signature colors, logo (dutifully trademarked, as is every mention of every cup of Frappucino) and inset of the brown, corrugated paper the company uses for cupholders. Some of Michelli's examples of Starbucks' caring policies are banal – opening early or providing a free cup of tea are not major innovations, nor are they transferable examples. Yet the book usefully illustrates how far good service and community relations can go. Each chapter provides a readers' guide and sidebars about how to apply Starbucks principles to your business. getAbstract recommends sipping it for applicable tips and interesting stories.

Take-Aways

  • Founder Howard Schultz opened the first Starbucks in Seattle in 1971, offering strong coffee, attractive store and product design, and a welcoming atmosphere.
  • Each week about 35 million customers go to Starbucks.
  • A $10,000 investment in Starbucks stock in 1992 would be worth $650,000 today.

About the Author

Joseph A. Michelli is the founder of a training, consulting and keynote presentation company. He hosts a daily radio show in Colorado.