Tribal Knowledge: Business Wisdom Brewed from the Grounds of Starbucks Corporate Culture by John Moore

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    Tribal Knowledge: Business Wisdom Brewed from the Grounds of Starbucks Corporate Culture by John Moore - Presentation Transcript

    1. Tribal Knowledge: Business Wisdom Brewed from the Grounds of Starbucks Corporate Culture by John Moore Great Insider View Of The Starbucks Secret Sauce Without question, Starbucks Coffee is one of the greatest business success stories of the past decade. Since going public in 1992, it has grown yearly revenues to more than $6.5 billion, achieved a stock price increase of more than 6,500%, and opened over 11,000 locations worldwide. But for a company that has accomplished so much, outsiders really know very little about the Starbucks secrets to success. That’s because much of the company’s sage advice and weathered truisms exist solely in the hearts and minds of longtime Starbucks employees. This so- called “tribal knowledge” includes pithy quotes uttered by Starbucks executives, mantras used by Starbucks project groups, learnings from failed pilot programs, and “ah-ha” moments from successful projects. It’s
    2. company stories passed down from one generation of employees to the next. It’s intense. It’s poignant. It’s thought provoking. It’s actionable. It’s a language of Starbucks “tribal knowledge” that has never been written – only spoken – and only within the Starbucks tribe. Until now. In Tribal Knowledge: Business Wisdom Brewed from the Grounds of Starbucks Corporate Culture, longtime Starbucks marketer John Moore shares untold, behind-the-scenes stories of the processes, the programs, and the products that have made Starbucks a remarkable business success, including: · Why Starbucks was purpose driven to make a difference in the world.· How Starbucks goes beyond simply having a mission statement to living its mission statement.· How the Starbucks principled, innovative, and cause-related approach to marketing built an endearing and enduring brand.· Why efforts to extend the Starbucks brand into lifestyle offerings such as a literary magazine and full-service restaurants failed.· How the Starbucks approach to employee career growth has created a passionate workforce.· How to apply the Starbucks “tribal knowledge” to your business, entrepreneurial venture, or project group. Tribal Knowledge gives you unprecedented access to the many business lessons that helped Starbucks find prosperity by selling a commodity – all from a marketer who lived inside the Starbucks tribe. Personal Review: Tribal Knowledge: Business Wisdom Brewed from the Grounds of Starbucks Corporate Culture by John Moore I finished reading the book last night and give it high marks for being full of valuable information. Each chapter is very short and focuses on one particular lesson learned from Moore's years as a marketer with Starbucks. Unlike that other Starbucks book I read and reviewed earlier this year ("The Starbucks Experience"), this one reads much more like an unauthorized account as opposed to "official corporate policy." Moore concludes each chapter with a series of relevant questions. Here's one that really jumped out at me, for example: "If you freed up advertising dollars to be spent elsewhere within your marketing budget, how best would you allocate the money to focus more on being and doing rather than saying?" He also explains how Starbucks continues to challenge itself. Rather than being content as the leading coffee shop chain, they look at "making the transition from Starbucks as coffee 'brand' to Starbucks as beverage 'icon'." So instead of owning the majority market share in the coffee world, they prefer to look at themselves as "an upstart, competing against the old- school beverage icons like Coke and Pepsi." Moore gives great insight to the human side of Starbucks and what characteristics are common in the best employees. He also talks a bit about why employees leave. As he puts it, "people quit people, not companies. It's the person on the ground, not the board of directors on the
    3. eighth floor of corporate headquarters, who represents the company to your employees." How true. If you're looking to get the inside scoop on what makes Starbucks special, this is the book to read. But I'd also recommend it to anyone who wants to learn countless bits of wisdom that can be applied to just about any business. For More 5 Star Customer Reviews and Lowest Price: Tribal Knowledge: Business Wisdom Brewed from the Grounds of Starbucks Corporate Culture by John Moore 5 Star Customer Reviews and Lowest Price!
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