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So there seems to be quite a buzz going around after Starbucks had their annual meeting the other day. I’ve been meaning to capture my thoughts on the whole Schultz as a White Knight thing for awhile, especially since the blogosphere has been debating what they need to do to change. With today being a slow day at the office, I finally had to chance to organize my thoughts.![]()
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First, I have to give Howard some props. He’s returning to the company he built and admitting they screwed up bad. I respect a guy that says it like it is and promises to make things better. I mean, coming out and saying “I promise you that this will not stand” is a pretty bold statement. Also, I love that he isnt blaming a recession, but instead pointing the finger at himself. As he said, “the problems we are facing have been self-induced. That’s why I think we’ll be able to fix them.” Here are a snapshot of what Schultz is proposing: (more…)





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