Navigating Leadership Changes at Starbucks

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This chapter examines the recent appointment of a new CEO at Starbucks, previously from Chipotle and Taco Bell, and the innovative approach he brings to the company. It explores the challenges facing Starbucks, including the need for innovation and dealing with peak hour crowding, while also addressing the relationship dynamics between the new and former CEOs. The influence of activist investor Elliott Management in the hiring process and their feelings of exclusion are also discussed, highlighting the complexities of leadership transitions.

Episode 387: Neal and Toby chat about the big executive change between two powerhouse companies with Starbucks stealing Chipotle’s CEO. Can the new guy turn the coffee shop around? Then, a wind turbine blade falls and washes up ashore in Nantucket that sets the wind energy business in a tailspin. Next, Indonesia is nearing its costly relocation of its capital, but not without many challenges along the way. Also, job hunters are using AI to find jobs but are running into a big problem…AI. Meanwhile, food brands are looking for partnerships that are way outside their comfort zone, hoping consumers are as adventurous as they are. Lastly, a retro resurgence of cassette tapes powered by Gen Z.

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00:00 - Most Shazam’d song in a day

2:30 - Starbucks poaches Chipotle CEO

7:00 - Nantucket wind woes

10:50 - Indonesia’s new capital

17:10 - AI resumes flood the job market

21:10 - Wild food mashups

25:20 - Cassette tape comeback

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