Starbucks has replaced CEO Laxman Narasimhan with Chipotle CEO Brian Niccol, in hopes that he can help revive Starbucks fading sales.
Since the beginning, Starbucks has had an interesting and evolving history of CEOs. What does this new leadership change mean for Starbucks? Is new leadership all that is needed for Starbucks to turn the tide?
Tune in to the latest episode of the Impulso podcast as we explore Starbucks’ leadership history, the challenges the company is currently facing, and examine why some founders/leaders just can’t seem to leave.
Featured materials:
Momentum Works Immersions: F&B innovations
E86: Luckin Coffee opens 20,000th store, The Impulso Podcast
E76: Starbucks vs Luckin in China, who is winning?, The Impulso Podcast
E70: Succession - successful tech founders’ dilemma
Chapters:
0:00 Intro
0:12 Starbucks announces new CEO
4:25 Was Laxman’s time on the ground helpful?
7:40 Who is Howard Schultz?
12:35 Why can’t founders find good successors?
15:40 Culture eats strategy for breakfast - what can leaders do?
22:05 Starbucks faces strong competition in China
23:25 Momentum Works F&B immersion
