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In his latest article with IMD, Michael Watkins explores what Brian Niccol, the new #CEO of #Starbucks, should do in his first 90 days. #TheFirst90Days #transitioncoaching

That's quite inspirational. It takes strong planning, focus and sticking to timelines when you aim to stick to 10 to 6 work schedule. It not just serves you but also creates a good ripple effect in your team and spreads across their families also, as home is meant to make Love, peace and memories. Practice it, you will get their eventually. #FocusTime

☕I'm not a Starbucks fan, but this video caught my attention. Post the excitement about Brian Niccol's onboard package, he is on a path to revamp Starbucks. We will see how it pans out in the months ahead. What's interesting though for careerists is the leadership takeaway. Brian obviously knows a thing or two about customer experience and is not hesitant to trim what needs to, in order to laser focus into experience consistency that will bring back the fans. Again, time will tell but more importantly, the shot's fired and if you're aspiring to be a leader in your organization, having that gut to champion initiatives is definitely a must-have. Procrastination, fear of acting, promising and not delivering are immediate 🛑 stoppers. #Career #Careerist

The turnaround starts… …by speaking the truth. New Starbucks CEO admits that his task in turning the ship and restoring growth will need to address what we’ve come to learn ourselves in their stores— frustrating waits, complicated ordering. I’m a coffee lover so I’m rooting for him for sure. I’m also a business leader who has been tasked several times in my career with making positive change. And while there isn’t one simple playbook for executing corporate transformation, it ALWAYS starts with acknowledging the cold reality of where you’re starting from. Something that, unfortunately, we’ve all seen many companies just not do or do in obfuscating language. Identify the issues. Articulate them clearly in a motivating action plan and get to work. I’m genuinely hoping my next espresso run is part of the improvement.

A great response by the CEO to lacklustre quarterly results with immediatre action in 3 areas. However, the issues might be much deeper and more significant than the 3 strategic responses are combatting. Maybe dig a bit deeper in understanding potential fundamental issues BEYOND a challenging environment and headwinds. There seems to be a lot more to do to righten the ship.

Starbucks has taken a significant step forward by naming Brian Niccol the former CEO of Chipotle, as its new leader. This move comes amidst declining sales and investor pressure. Niccol is known for his transformative leadership at Chipotle, driving substantial growth through menu innovation, operational excellence, and digital transformation. During Niccol’s tenure at Chipotle, the company witnessed a remarkable transformation, with revenue nearly doubling and stock price surging by almost 800%. Starbucks is banking on Niccol’s successful track record to rejuvenate the company, improve customer experiences, and stimulate growth. The decision has already yielded positive results, with Starbucks’ shares experiencing a notable increase post-announcement. #Starbucks #BrianNiccol #LeadershipChange #CEOAppointment #BusinessNews #CorporateLeadership #Innovation #GrowthStrategy #DigitalTransformation #OperationalExcellence #StockMarket #RetailIndustry #CoffeeCulture

Howard Schultz is a genius. Period. He took Starbucks from a local coffee shop to a global powerhouse. His leadership, vision, and relentless pursuit of excellence are undeniable. But here’s the thing – Schultz’s strength lies in his ability to create an unparalleled coffee experience, not in chasing social credit. Starbucks became great because it focused on serving customers and creating a unique third place that paid respect to the historical significance of coffee. That’s what Schultz does best. He built a brand based on quality, consistency, and an exceptional customer experience. In recent years, however, the focus has shifted. Instead of doubling down on what made Starbucks successful – the coffee, the experience, the connection – there’s been a push towards social initiatives. And while these are important, they shouldn’t overshadow the core business. Starbucks needs to remember his roots and get back to what he does best. Starbucks thrives when it’s about the coffee, the people, and the experience. Let’s get back to that. What do you think? PS: Starbucks - stop giving your customers reasons to call your product "charbucks". Learn about Howard Schultz and the story of Starbucks: https://lnkd.in/g8MbEh3Q #Leadership #Starbucks #HowardSchultz #CustomerExperience #BusinessStrategy #Charbucks

A new chapter for Starbucks as Brian Niccol steps in as CEO, but his journey won’t be all smooth brews and lattes.☕ Starbucks is grappling with falling sales, operational headaches, and unionization efforts, all while dealing with leadership fatigue—Niccol is the fourth CEO in under three years. After driving growth at Chipotle Mexican Grill, he's now tasked with restoring Starbucks' iconic brand experience amidst mounting challenges. He’s already visited dozens of stores and is preparing for a town hall to address the road ahead. Can Niccol bring back the magic that made Starbucks a household name? What changes do you think Starbucks needs most right now? Image created via MidJourney Magic 🪄 #Starbucks #CEO #Leadership #midjourney Midjourney

𝐖𝐡𝐞𝐧 𝐈'𝐦 𝐧𝐨𝐭 𝐦𝐚𝐤𝐢𝐧𝐠 𝐞𝐬𝐩𝐫𝐞𝐬𝐬𝐨 𝐚𝐭 𝐡𝐨𝐦𝐞, 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐟𝐢𝐧𝐝 𝐦𝐞 𝐫𝐮𝐧𝐧𝐢𝐧𝐠 𝐭𝐨 𝐒𝐭𝐚𝐫𝐛𝐮𝐜𝐤𝐬 𝐟𝐨𝐫 𝐚 𝐜𝐮𝐩 𝐨𝐟 𝐜𝐨𝐟𝐟𝐞𝐞. ☕ Exciting news in the coffee world! Starbucks has appointed Brian Niccol, the former CEO of Chipotle, as its new CEO to spearhead innovation & operational excellence. Niccol's impressive track record at Chipotle, where he doubled revenue & enhanced digital engagement, positions him as a strong leader to tackle Starbucks' current challenges. Analysts are optimistic, upgrading Starbucks to an Outperform rating & setting a new price target of $110. Niccol's brand management expertise & leadership qualities are expected to strengthen Starbucks' performance, particularly in the U.S. market. Curious to see how Niccol's leadership will transform Starbucks (& my Blonde Vanilla Latte🤭)! 𝐖𝐢𝐭𝐡 𝐁𝐫𝐢𝐚𝐧 𝐍𝐢𝐜𝐜𝐨𝐥, 𝐟𝐨𝐫𝐦𝐞𝐫 𝐂𝐄𝐎 𝐨𝐟 𝐂𝐡𝐢𝐩𝐨𝐭𝐥𝐞, 𝐧𝐨𝐰 𝐥𝐞𝐚𝐝𝐢𝐧𝐠 𝐒𝐭𝐚𝐫𝐛𝐮𝐜𝐤𝐬, 𝐡𝐨𝐰 𝐝𝐨 𝐲𝐨𝐮 𝐞𝐱𝐩𝐞𝐜𝐭 𝐡𝐢𝐬 𝐥𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩 𝐰𝐢𝐥𝐥 𝐢𝐦𝐩𝐚𝐜𝐭 𝐒𝐭𝐚𝐫𝐛𝐮𝐜𝐤𝐬' 𝐟𝐮𝐭𝐮𝐫𝐞? A. Significantly Boost Growth - His track record suggests strong potential. B. Moderate Improvement - Positive changes, but gradual. C. Little to No Change - Impact will be minimal. D. Too Early to Tell - Need more time to assess. #Leadership #Starbucks #Chipotle #BusinessNews #Innovation #CareerDevelopment