Podcast appearances and mentions of laxman narasimhan

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Best podcasts about laxman narasimhan

Latest podcast episodes about laxman narasimhan

Creative Conversation
Can Brian Niccol turn Starbucks around?

Creative Conversation

Play Episode Listen Later Aug 22, 2024 62:56


Last week in a major shakeup, Starbucks announced the appointment of Brian Niccol as its new chairman and CEO. Niccol, then CEO of Chipotle, will succeed Starbucks's Laxman Narasimhan, who is stepping down immediately from the position he's held for only 17 months. For a company that has aggressively claimed it does not make fast food, this could signal a shift in how Starbucks views itself . . . and how it attempts to regain the 20% in market cap that it's lost. ‘Fast Company' contributing writer Clint Rainey discusses the coffee chain's past mission and values, and how different leadership has shifted the brand's focus. Also, we talk with rapper Saweetie about her successful brand partnerships with Postmates and McDonald's, and her perspective on growing her own brand and image. And Candace Bushnell, author of ‘Sex and the City' (the book!), chats about looking back on her writing and TV career and what stories she wants women to see today.

Most Innovative Companies
Can Brian Niccol turn Starbucks around?

Most Innovative Companies

Play Episode Listen Later Aug 22, 2024 62:56


Last week in a major shakeup, Starbucks announced the appointment of Brian Niccol as its new chairman and CEO. Niccol, then CEO of Chipotle, will succeed Starbucks's Laxman Narasimhan, who is stepping down immediately from the position he's held for only 17 months. For a company that has aggressively claimed it does not make fast food, this could signal a shift in how Starbucks views itself . . . and how it attempts to regain the 20% in market cap that it's lost. ‘Fast Company' contributing writer Clint Rainey discusses the coffee chain's past mission and values, and how different leadership has shifted the brand's focus. Also, we talk with rapper Saweetie about her successful brand partnerships with Postmates and McDonald's, and her perspective on growing her own brand and image. And Candace Bushnell, author of ‘Sex and the City' (the book!), chats about looking back on her writing and TV career and what stories she wants women to see today.

World Changing Ideas
Can Brian Niccol turn Starbucks around?

World Changing Ideas

Play Episode Listen Later Aug 22, 2024 62:56


Last week in a major shakeup, Starbucks announced the appointment of Brian Niccol as its new chairman and CEO. Niccol, then CEO of Chipotle, will succeed Starbucks's Laxman Narasimhan, who is stepping down immediately from the position he's held for only 17 months. For a company that has aggressively claimed it does not make fast food, this could signal a shift in how Starbucks views itself . . . and how it attempts to regain the 20% in market cap that it's lost. ‘Fast Company' contributing writer Clint Rainey discusses the coffee chain's past mission and values, and how different leadership has shifted the brand's focus. Also, we talk with rapper Saweetie about her successful brand partnerships with Postmates and McDonald's, and her perspective on growing her own brand and image. And Candace Bushnell, author of ‘Sex and the City' (the book!), chats about looking back on her writing and TV career and what stories she wants women to see today.

The Journal.
The Inside Story of Starbucks's CEO Drama

The Journal.

Play Episode Listen Later Aug 21, 2024 21:08


Last week, Starbucks ousted its CEO Laxman Narasimhan and replaced him with Brian Niccol, the current leader of Chipotle. Lauren Thomas reports on the dramatic leadership change, as Starbucks struggles to turn around its business and contend with activist investors.   Further Listening: - Can Chinese Customers Rescue Starbucks?   - The Underdog Coffee Bean That's Making a Comeback  Further Reading: - Inside Starbucks's Surprising CEO Firing and Hiring  Learn more about your ad choices. Visit megaphone.fm/adchoices

The Impulso Podcast
E88: Why Starbucks ousted 3rd chosen successor of Howard Schulz?

The Impulso Podcast

Play Episode Listen Later Aug 21, 2024 25:12


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

More Knowledge, More Wealth!
Ep. 253 - Managing Market Volatility: Leadership Lessons from Top Corporations

More Knowledge, More Wealth!

Play Episode Listen Later Aug 17, 2024 27:07


In this episode of "More Knowledge, More Wealth," Gabriel Shahin, Certified Financial Planner and President of Falcon Wealth Planning, delves into the essential relationship between effective leadership and financial stability. Shahin contrasts the management missteps at Starbucks under former CEO Laxman Narasimhan with the remarkable growth achieved by Chipotle under Brian Niccol's leadership. As global events fuel market volatility, Shahin emphasizes the importance of a long-term investment strategy and the value of working with a fee-only financial advisor who prioritizes clients' best interests. The episode also explores how leadership shapes company culture and financial performance, offering key insights for personal finance and business management. Tune in to understand how leadership can influence financial outcomes and why the right guidance is crucial in today's unpredictable market. Schedule a free assessment: https://www.falconwealthplanning.com/... Follow our socials: https://linktr.ee/falconwealthplanning

Software Defined Talk
Episode 480: No offsite content

Software Defined Talk

Play Episode Listen Later Aug 16, 2024 76:04


This week, we revisit our 2021 Intel CEO predictions, discuss Hyperscaler AI investment concerns and debate LinkedIn content. Plus, which products could thrive if Google were broken up? Watch the YouTube Live Recording of Episode (https://www.youtube.com/watch?v=q6rXxIXc1Us) 480 (https://www.youtube.com/watch?v=q6rXxIXc1Us) Runner-up Titles New camera, dog is still here Teenagers can put away some meat We operated at a loss last year because of BBQ Dog ate your Internet Getting out of a Zoom Under the couch data center Excuse me can I plug in my Satellite Dish A lot of 86-stuff You shouldn't be AI-ing that much Out of tokens, again Never bet against inertia Home of Markdown One cord, all power. Rundown Looking back at Intel Predicatons SDT Episode 281 (https://www.softwaredefinedtalk.com/281) Gaudi processors & Intel's AI portfolio (https://changelog.com/practicalai/281) How chip giant Intel spurned OpenAI and fell behind the times (https://finance.yahoo.com/news/chip-giant-intel-spurned-openai-110138000.html) Is AI too expensive for HyperScalers? Microsoft's AI Dreams Make for an Expensive Reality (https://www.wsj.com/tech/ai/microsofts-ai-dreams-make-for-an-expensive-reality-90a8c8e4) Amazon's cloud unit reports 19% revenue growth, topping estimates (https://www.cnbc.com/2024/08/01/aws-q2-earnings-report.html) Big Tech Fails to Convince Wall Street That AI Is Paying Off (https://www.bloomberg.com/news/articles/2024-08-02/big-tech-fails-to-convince-wall-street-that-ai-is-paying-off?srnd=phx-technology) Government shelves £1.3bn UK tech and AI plans (https://www.bbc.com/news/articles/cyx5x44vnyeo?_bhlid=027b7775b0cab914048391ea5d8c6254d1468ee1) Are all LinkedIn posts just a form of virtue signaling? There's One Thing You Really Don't Need to Do After Getting Laid Off (https://slate.com/technology/2024/07/laid-off-jobs-announcement-grateful-twitter-linkedin.html) Lighting round US Considers a Rare Antitrust Move: Breaking Up Google (https://www.bloomberg.com/news/articles/2024-08-13/doj-considers-seeking-google-goog-breakup-after-major-antitrust-win?srnd=homepage-americas) H-E-B is finally testing Apple Pay, (https://www.threads.net/@dsilverman/post/C-fVfKQJFyr/?xmt=AQGzlkdYqDg5ncWBmOvviB_QPKGOhv4CndLpOQtMpNlYLg) Relevant to your Interests Why CSV is still king (https://konbert.com/blog/why-csv-is-still-king?utm_source=changelog-news) Missing Semester IAP 2020 (https://www.youtube.com/playlist?list=PLyzOVJj3bHQuloKGG59rS43e29ro7I57J) iOS 18 has fulfilled my dream of destroying ads with a Thanos snap (https://www.theverge.com/2024/8/6/24214338/apple-ios-18-thanos-snap-animation-hide-ads) Sonos reportedly delaying two upcoming product releases to fix its misbehaving app (https://www.phonearena.com/news/sonos-reportedly-delaying-two-upcoming-product-releases-to-fix-its-misbehaving-app_id161241) Apple's Mac Mini With M4 Chip Will Be Its Smallest Computer Ever (https://www.bloomberg.com/news/articles/2024-08-08/mac-mini-m4-apple-plans-to-release-smallest-desktop-computer-yet) Background check company breached, nearly 3 billion exposed in data theft (https://mashable.com/article/background-check-company-breached-3-billion-affected) Apple's new USB-C charging has driven us all to Charging Cord Hell (https://apple.news/Awy0Ps7UvQSGZ8ASo2bhTtA) The Wizard of Cyber: what is behind Wiz's success (https://ventureinsecurity.net/p/the-wizard-of-cyber-what-is-behind) Brands should avoid this popular term. It's turning off customers (https://www.cnn.com/2024/08/10/business/brands-avoid-term-customers/index.html) Datadog, MongoDB, Snowflake in spotlight as cloud consumption rose in July: BofA (https://seekingalpha.com/news/4138587-datadog-mongodb-snowflake-in-spotlight-cloud-consumption-rose-in-july-bofa) The Elon / Trump interview on X started with an immediate tech disaster (https://www.theverge.com/2024/8/12/24219121/donald-trump-elon-musk-interview-x-twitter-crashes) Google takes another startup out of the AI race (https://www.theverge.com/2024/8/2/24212348/google-hires-character-ai-noam-shazeer) How Big Tech is swallowing the AI industry (https://www.theverge.com/2024/7/1/24190060/amazon-adept-ai-acquisition-playbook-microsoft-inflection) Delta CEO offers employees free flights after CrowdStrike-Microsoft chaos (https://www.cnbc.com/2024/08/02/delta-ceo-offers-employees-free-flights-after-crowdstrike-microsoft-chaos.html) Microsoft says Delta ignored Satya Nadella's offer of CrowdStrike help (https://www.theverge.com/2024/8/6/24214371/microsoft-delta-letter-crowdstrike-response-comments) External Technical Root Cause Analysis (https://www.crowdstrike.com/wp-content/uploads/2024/08/Channel-File-291-Incident-Root-Cause-Analysis-08.06.2024.pdf) Nonsense not sure why barking at it didn't help tbh. 12/10 for both #weratedogs (https://www.tiktok.com/t/ZTNgm76JG/) Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol (https://www.cnbc.com/2024/08/13/starbucks-replaces-ceo-laxman-narasimhan-with-chipotle-ceo-brian-niccol.html) Listener Feedback How South of the Border Keeps Going After All These Years (https://www.theassemblync.com/place/south-of-the-border/) Apple's new USB-C charging has driven us all to Charging Cord Hell (https://apple.news/Awy0Ps7UvQSGZ8ASo2bhTtA) XBox (https://www.xbox.com/en-US/xbox-game-pass/ultimate) (https://www.xbox.com/en-US/xbox-game-pass/ultimate)G (https://www.xbox.com/en-US/xbox-game-pass/ultimate)ame (https://www.xbox.com/en-US/xbox-game-pass/ultimate) P (https://www.xbox.com/en-US/xbox-game-pass/ultimate)ass (https://www.xbox.com/en-US/xbox-game-pass/ultimate) U (https://www.xbox.com/en-US/xbox-game-pass/ultimate)ltimate (https://www.xbox.com/en-US/xbox-game-pass/ultimate) Conferences DevOpsDays Birmingham (https://devopsdays.org/events/2024-birmingham-al/welcome/), Aug 19-21, 2024 SpringOne (https://springone.io/?utm_source=cote&utm_campaign=devrel&utm_medium=newsletter&utm_content=newsletterUpcoming)/VMware Explore US (https://blogs.vmware.com/explore/2024/04/23/want-to-attend-vmware-explore-convince-your-manager-with-these/?utm_source=cote&utm_campaign=devrel&utm_medium=newsletter&utm_content=newsletterUpcoming), Aug 26-29, 2024 DevOpsDays Antwerp (https://devopsdays.org/events/2024-antwerp/welcome/), Sept 4–5, 2024, 15th anniversary Cloud Foundry Day EU (https://events.linuxfoundation.org/cloud-foundry-day-europe/), Karlsruhe, GER, Oct 9, 2024, 20% off with code CFEU24VMW Civo Navigate Europe, Berlin (https://www.civo.com/navigate/europe), Sept 10-11, 2024 SREday London 2024 (https://sreday.com/2024-london/), Sept 19–20, 2024. Coté speaking, 20% off with the code SRE20DAY (https://sreday.com/2024-london/#tickets) SDT News & Community Join our Slack community (https://softwaredefinedtalk.slack.com/join/shared_invite/zt-1hn55iv5d-UTfN7mVX1D9D5ExRt3ZJYQ#/shared-invite/email) Email the show: questions@softwaredefinedtalk.com (mailto:questions@softwaredefinedtalk.com) Free stickers: Email your address to stickers@softwaredefinedtalk.com (mailto:stickers@softwaredefinedtalk.com) Follow us on social media: Twitter (https://twitter.com/softwaredeftalk), Threads (https://www.threads.net/@softwaredefinedtalk), Mastodon (https://hachyderm.io/@softwaredefinedtalk), LinkedIn (https://www.linkedin.com/company/software-defined-talk/), BlueSky (https://bsky.app/profile/softwaredefinedtalk.com) Watch us on: Twitch (https://www.twitch.tv/sdtpodcast), YouTube (https://www.youtube.com/channel/UCi3OJPV6h9tp-hbsGBLGsDQ/featured), Instagram (https://www.instagram.com/softwaredefinedtalk/), TikTok (https://www.tiktok.com/@softwaredefinedtalk) Book offer: Use code SDT for $20 off "Digital WTF" by Coté (https://leanpub.com/digitalwtf/c/sdt) Sponsor the show (https://www.softwaredefinedtalk.com/ads): ads@softwaredefinedtalk.com (mailto:ads@softwaredefinedtalk.com) Recommendations Brandon: Google Colab (https://colab.google) Matt: macOS Universal Control (https://support.apple.com/en-us/102459) Coté: Present & Correct (https://maps.app.goo.gl/NXJNw4TgGdFqcJPq6?g_st=com.google.maps.preview.copy> -

WALL STREET COLADA
Agosto 14: Google revela inteligencia artificial en el dispositivo en los nuevos teléfonos Pixel 9. Paramount inicia despidos; el estudio de televisión cierra después de 11 años. Boeing encuentra nuevos problemas en el 737, lo que ralentiza aún más

WALL STREET COLADA

Play Episode Listen Later Aug 14, 2024 5:08


Noticias Económicas y Financieras ¿Demasiado bocadillo? Todavía no. El gigante de los dulces Mars ha cerrado un acuerdo de $35.9B por el fabricante de snacks Kellanova $K, incluido el apalancamiento neto asumido, en lo que se convertirá en uno de los titulares de fusiones y adquisiciones más importantes del año. La unión unirá a la empresa que está detrás de M&M's, Snickers y Skittles con el productor de Pringles, Cheez-It y Pop-Tarts, lo que significa que la próxima vez que busque un bocado rápido envasado, puede sonar en la caja registradora del mismo conglomerado privado. No todo el mundo en la industria de alimentos envasados ​​ha tenido tanta suerte. Existe el temor de una desaceleración del crecimiento y un debilitamiento del consumidor, lo que impulsa a las empresas a buscar formas de impulsar las ventas y sus resultados. Algunas están recurriendo a nuevos mercados y a la innovación, pero una fusión con una empresa de éxito también puede funcionar. La diversificación para Mars, con una gran presencia de chocolate, también es necesaria debido a los riesgos de suministro, especialmente porque los precios del cacao alcanzaron niveles récord este año. En otras noticias de consumo, Starbucks $SBUX causó un gran revuelo en el sector tras sustituir a su director ejecutivo Laxman Narasimhan por Brian Niccol, de Chipotle Mexican Grill $CMG. La directora financiera de Starbucks, Rachel Ruggeri, ocupará el cargo de directora ejecutiva interina hasta el 9 de septiembre, fecha en la que Niccol asumirá oficialmente el cargo. Los analistas de Wall Street y el activista Elliott Investment celebraron la noticia, que hizo subir las acciones de Starbucks un 24.5% el martes, mientras que el inversor activista Trian Fund Management se deshizo de sus participaciones en SBUX. El exdirector ejecutivo de Starbucks, Howard Schultz, también habría dicho que el nombramiento de Niccol fue un "éxito rotundo". El banco central de Nueva Zelanda es el último en reducir su tasa de interés de referencia, sorprendiendo a los mercados con el primer recorte desde marzo de 2020 y un año antes de su propia previsión. El Banco de la Reserva de Nueva Zelanda redujo su tasa de efectivo oficial en 25 puntos básicos al 5.25%, lo que anticipa más recortes en el futuro a medida que la economía se contrae más rápido de lo esperado. La decisión sigue a los recortes de tasas de la UE, el Reino Unido y Canadá, todos ellos antes de la Fed. Dado que la inflación mayorista es más fría de lo esperado, los inversores ahora esperan con impaciencia el informe del IPC que se publicará a las 8:30 a.m. ET. Los mercados están seguros de que la Fed bajará las tasas en septiembre, pero están divididos sobre el tamaño del recorte. Apenas una semana después de que las turbulencias del mercado sacudieran a Japón, el primer ministro Fumio Kishida anunció que dimitiría el mes próximo en medio de una popularidad menguante a raíz de los escándalos políticos. "La política no puede funcionar sin la confianza del público", declaró. "Tomé esta importante decisión pensando en el público, con la firme voluntad de impulsar la reforma política". El apoyo público a Kishida se ha debilitado en los últimos años tras las revelaciones de los vínculos del gobernante Partido Liberal Democrático con la Iglesia de la Unificación y las donaciones no reveladas de eventos de recaudación de fondos, así como el aumento de los costes de vida que han superado el crecimiento de los salarios.

MONEY FM 89.3 - The Breakfast Huddle with Elliott Danker, Manisha Tank and Finance Presenter Ryan Huang
US Markets Wrap: Starbucks Replaces CEO With Chipotle's Superstar Brian Niccol; Pressure on Boeing & Market Sentiments On A Roller Coaster Ride

MONEY FM 89.3 - The Breakfast Huddle with Elliott Danker, Manisha Tank and Finance Presenter Ryan Huang

Play Episode Listen Later Aug 14, 2024 7:29


Brian Niccol, who has held the top position at Chipotle since 2018, will take the helm of Starbucks starting September. He will replace Laxman Narasimhan, whose relatively brief tenure began in March last year, when he took over from Howard Schultz and became the first chief executive to come from outside the company.  David Dietze, Managing Principal at Peapack Private weighs in on Starbuck's latest move, pressure on Boeing at the moment, and how inflation is driving market sentiments. He also shares insights on Scotiabank paying US$2.8 billion for minority stake in US regional bank KeyCorp. Presented by: Ryan HuangProduced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg)Photo credits: Stephen Brashear / AP / Starbucks / Boeing/Afp Via Getty ImagesSee omnystudio.com/listener for privacy information.

The Art of Value
Starbucks CEO Fired! Replaced By Chipotle CEO!

The Art of Value

Play Episode Listen Later Aug 14, 2024 11:15


I react to the big news in the fast food and beverage sector that Starbucks (SBUX) CEO Laxman Narasimhan has been replaced by Chipotle Mexican Grill (CNG) star CEO Brian Niccol. Can he improve the performance of Starbucks and SBUX stock in the years ahead? Related video: Starbucks Stock Crash: Disaster Quarter & CEO Interview https://youtu.be/SlNlbjm6tNM  Referenced videos: CNBC: Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol https://youtu.be/Um0UBfSOaU0 Starbucks names Brian Niccol new CEO: Here's what to expect https://youtu.be/zA2dDbQy1UI Sharesight is my recommended portfolio tracking and reporting tool. See the special offer (referral link): https://sharesightlimited.cmail20.com/t/r-l-tdjhzjk-niuxvol-i/ Join The Art of Value Patreon community for exclusive content I don't share anywhere else: https://www.patreon.com/TheArtofValue Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

The Art of Value
Starbucks CEO Fired! Replaced By Chipotle CEO!

The Art of Value

Play Episode Listen Later Aug 14, 2024 11:15


I react to the big news in the fast food and beverage sector that Starbucks (SBUX) CEO Laxman Narasimhan has been replaced by Chipotle Mexican Grill (CNG) star CEO Brian Niccol. Can he improve the performance of Starbucks and SBUX stock in the years ahead? Related video: Starbucks Stock Crash: Disaster Quarter & CEO Interview https://youtu.be/SlNlbjm6tNM  Referenced videos: CNBC: Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol https://youtu.be/Um0UBfSOaU0 Starbucks names Brian Niccol new CEO: Here's what to expect https://youtu.be/zA2dDbQy1UI Sharesight is my recommended portfolio tracking and reporting tool. See the special offer (referral link): https://sharesightlimited.cmail20.com/t/r-l-tdjhzjk-niuxvol-i/ Join The Art of Value Patreon community for exclusive content I don't share anywhere else: https://www.patreon.com/TheArtofValue Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.

MRKT Matrix
Stocks Rally Off Weak Inflation Data

MRKT Matrix

Play Episode Listen Later Aug 13, 2024 6:45


MRKT Matrix - Tuesday, August 13th Stocks rally as tame inflation data fuels market comeback (CNBC) Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol (CNBC) Home Depot expects sales to weaken as consumers grow more cautious (CNBC) Goldman, JPMorgan Say Markets Pricing in Higher Recession Odds (Bloomberg) Morgan Stanley's Wilson Sees Few Signs of Bear Market in Stocks (Bloomberg) ‘We haven't seen the bottom in this correction': Dan Niles names 2 tech stocks to ride out a potential recession (CNBC) Is Netflix recession resistant? JPMorgan thinks so (CNBC) GM Cuts China Jobs as It Resets in World's Biggest Car Market (Bloomberg) --- Subscribe to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs

GREY Journal Daily News Podcast
Will the new CEO save Starbucks from its struggles?

GREY Journal Daily News Podcast

Play Episode Listen Later Aug 13, 2024 1:27


Starbucks appointed Brian Niccol as the new CEO, replacing Laxman Narasimhan, effective September 9, 2024. Narasimhan, who held the position for over a year, faced challenges including declining sales and competition in China. Following the announcement of Niccol's appointment, Starbucks shares increased by more than 13% prior to market opening. Niccol previously served as chairman and CEO of Chipotle, where he implemented changes that enhanced innovation and operational efficiency. Mellody Hobson, chair of Starbucks' board, emphasized Niccol's strong leadership skills and ability to improve company culture. Howard Schultz expressed support for Niccol, asserting he is the right choice for Starbucks at this time.Learn more on this news visit us at: https://greyjournal.net/ Hosted on Acast. See acast.com/privacy for more information.

Customer Experience University - Winning Loyalty & Engagement One Customer at a Time
Navigating Challenges: Lessons from Starbucks' Recent Performance Miss

Customer Experience University - Winning Loyalty & Engagement One Customer at a Time

Play Episode Listen Later Jun 6, 2024 5:02


In this episode, Dr. Joseph Michelli examines Starbucks' recent challenges and strategic responses under CEO Laxman Narasimhan's leadership. Despite facing its first negative financial performance since 2020 due to budget-conscious consumers, severe U.S. weather, competition in China, and other global economic volatilities, Starbucks continues to adapt and position itself for recovery. Drawing on his extensive experience with the company and insights from his books, "The Starbucks Experience" and "Leading the Starbucks Way," Michelli outlines key lessons applicable to any business leader. The podcast delves into strategies such as continuously innovating to stay relevant, understanding market dynamics, enhancing customer engagement through technology, investing in supply chain management, ensuring cultural and local relevance, and effective crisis management. Listeners will gain actionable takeaways on navigating business challenges, emphasizing the importance of adaptation, customer-centric innovation, and clear communication during crises. This discussion provides valuable insights into maintaining resilience and driving business forward in the face of adversity. Listeners can obtain a detailed infographic based on this podcast from Joseph's website. Additionally, those wanting to speak to Joseph are encouraged to contact him directly. If you find value in this podcast, please like, rate, comment, share, or subscribe!

レアジョブ英会話 Daily News Article Podcast
Former Starbucks CEO Schultz says company needs to refocus on coffee as sales struggle

レアジョブ英会話 Daily News Article Podcast

Play Episode Listen Later May 29, 2024 2:33


Former Starbucks CEO Howard Schultz says the company's leaders should spend more time in stores and focus on coffee drinks as they work to turn around flagging sales. In a LinkedIn post, Schultz said many people had reached out to him after Starbucks reported weaker-than-expected quarterly sales and earnings. The Seattle coffee giant said revenue dropped 2% in the January-March period as store traffic slowed around the world. It was the first time since 2020 that the company saw a drop in quarterly revenue. Starbucks also lowered its sales and earnings guidance for its full fiscal year. Schultz, who bought Starbucks in 1987, is credited with growing the company into the global behemoth it has become with nearly 39,000 stores worldwide. He has been the chairman emeritus of the company since last fall when he stepped down from Starbucks' board. In his post, Schultz said senior leaders—including board members—need to spend more time talking to baristas in the company's stores. “The stores require a maniacal focus on the customer experience, through the eyes of a merchant. The answer does not lie in data but in the stores,” he said. Laxman Narasimhan, who became Starbucks' CEO last spring, has been working a half-day shift in Starbucks stores once a month. At some points in his post, Schultz seemed to be questioning Narasimhan's turnaround plans. In a conference call with investors, Narasimhan mentioned several new products he thinks will drive customers to stores later this year, including boba drinks, sugar-free options, and the brand's first energy beverage. But Schultz said coffee is what differentiates Starbucks and reinforces the company's premium positioning. Narasimhan did announce plans for coffee pop-up stores in the U.S. and elsewhere last month. Starbucks plans to use the stores to experiment with limited-edition coffee drinks, teach younger customers about coffee, and learn about customers' preferences. Schultz also said the company should update its mobile ordering and payment platform to “once again make it the uplifting experience it was designed to be.” Narasimhan said last fall that Starbucks is accelerating the introduction of new digital features and trying to personalize the customer experience within its app. This article was provided by The Associated Press.

Tech Path Podcast
Starbucks Killer on Solana? Raposa Coffee CEO Interview

Tech Path Podcast

Play Episode Listen Later May 16, 2024 25:13


It's not been a great month for Starbucks. On May 1, the international coffee chain's shares fell to their lowest in two years as the industry experiences what current CEO Laxman Narasimhan calls "a highly challenged environment." Starbucks also reported its first quarterly sales decline since 2020, as well as lower-than-expected earnings and same-store sales growth. Is Starbucks dying after completely abandoning NFTs and web3 loyalty?Guest: Andrew Sokolow, Founder of Raposa CoffeeBuy Raposa Coffee➜ https://bit.ly/RaposaShopRaposa "Kups" NFT Collection➜ https://bit.ly/RaposaNFT00:00 intro00:07 Web3 Loyalty00:20 Starbucks Abandoned NFTs01:16 Starbucks Dead Recap03:17 Raposa Coffee03:54 How Raposa Joined Solana06:44 Web3 Growth Strategy08:05 Why Starbucks Failed09:39 Kups NFT Collection10:27 NFT Utility11:45 Airdrops & Solana Saga14:26 NFT Collabs16:38 "The Den" Pop-Up Store17:23 Solana Payments19:30 Helium Mobile20:54 Food Delivery on Solana22:22 Gaming Integrations23:47 Mainstream Incoming24:31 outro#Crypto #Solana #Starbucks~Starbucks Killer on Solana?

First Bite
Why Starbucks is financially shaky right now

First Bite

Play Episode Listen Later May 3, 2024 16:58


Starbucks reported a same-store sales decline for the second quarter of 2024, for the first time in almost three years since the peak of the pandemic, as shares of the Seattle-based coffee chain plummeted 16% over the past day.According to CEO Laxman Narasimhan, the global same-store sales drop of 4% was driven by declining traffic in North America, issues in China and the Middle East, bad weather, and “a more cautious consumer overall.” Additionally, Starbucks revised its annual fiscal guidance to reflect a more reserved growth outlook as the company attempts to reverse this negative sales trend.Besides reaching these occasional guests, Starbucks leadership emphasized that many of the issues over the past quarter came down to challenges with meeting demand, particularly during peak morning hours.

Squawk on the Street
Powell Effect on the Markets, What to Expect From Apple's Earnings, Peloton CEO Steps Down 5/2/24

Squawk on the Street

Play Episode Listen Later May 2, 2024 41:46


Carl Quintanilla, Jim Cramer and David Faber led off the show with markets digesting Wednesday's post-Fed decision comments by Chair Jerome Powell. He said it is unlikely that the Fed's next move would be a rate hike. The anchors also discussed what to expect from Apple's quarterly results due outafter Thursday's close of trading. Jim outlined what he sees ahead for the stock. Also in focus: Carvanasoars, Qualcomm jumps, DoorDash tumbles, Peloton CEO Barry McCarthy steps down and the company cuts jobs, Tesla developments, Ford April auto sales, revisiting Wednesday's Starbucks stock plunge and exclusive interview with CEO Laxman Narasimhan. Squawk on the Street Disclaimer

First Bite
What's the big news from Starbucks' Q1 earnings call? Hint: it has to do with delivery

First Bite

Play Episode Listen Later Feb 1, 2024 13:28


Although the first quarter is usually one of the highest-performing times of the year for Starbucks — including both pumpkin spice and red cup season — Starbucks saw a traffic downturn for the quarter ended Dec. 31, 2023, with North America comparable sales up only 5%, driven mostly by menu price increases.During the Starbucks earnings call on Tuesday, CEO Laxman Narasimhan pointed to the Israel-Palestine conflict as a source of friction in both the Middle Eastern markets and in the U.S., where there have been calls for boycotts of Starbucks from supporters on both sides of the conflict. Narasimhan also explained that slower spending in China contributed to headwinds for the quarter — an issue that was highlighted by Luckin Coffee overtaking Starbucks as the number one coffee chain in China this November.

Restaurant Business Magazine
How Starbucks is evolving to meet consumer demands

Restaurant Business Magazine

Play Episode Listen Later Jan 10, 2024 28:24


Starbucks is the most complicated simple business on the planet. This week's episode of the Restaurant Business podcast is all about Starbucks. I'm joined this week by RB Editor-at-Large Peter Romeo. Peter and I toured headquarters and have a series coming up on restaurantbusinessonline.com. We talk about how Starbucks has evolved over the years, from a simple coffee shop chain into a global behemoth selling customizable beverages through numerous ordering channels. And we talk about the impact that has had on the workforce and how it has fed into an unprecedented union drive. We also talk about new CEO Laxman Narasimhan, and how his six-month immersion into Starbucks culture is playing a role in all of this. And we talk about our apparently higher-than-expected caffeine tolerance. We're talking Starbucks on A Deeper Dive so please check it out.

PSFK's PurpleList
PSFK Earnings Call Podcast: Starbucks Corporation - SBUX

PSFK's PurpleList

Play Episode Listen Later Dec 6, 2023 3:15


Starbucks Corporation recently communicated to investors that the company anticipates decreased demand for the upcoming year as part of their earnings call. Despite this, CEO Laxman Narasimhan presented a positive outlook, asserting that margins are expected to show gradual improvement. In discussing capital allocation, Starbucks signaled their intention to maintain reinvestment in the business for continued innovation and growth. The company also communicated their commitment to shareholders by continuing dividend payments. The possibility of borrowing for stock buybacks or debt reduction was also discussed as a potential strategic financial management tactic. Acknowledging expected business hurdles, the company remains dedicated to growth and promising excellent customer experiences. Starbucks stressed during the earnings call their significant investments in digital innovation, growth in digital presence, and partnerships to enhance their loyalty programs and offer personalized consumer experiences. As part of their planning, Starbucks placed emphasis on operational efficiency, unveiling a $3 billion productivity program during the earnings call targeted at optimizing their operations and eliminating unnecessary expenses. Enhancements to store operations such as staffing and scheduling procedures are envisaged to contribute to heightened efficiency and by extension, better overall performance. On the earnings call, the Company also highlighted their engagement in sustainability initiatives, embedding responsible practices into corporate strategies. From waste reduction initiatives to supply chain optimization, the company acknowledged to investors its ongoing dedication to addressing environmental concerns. Starbucks indicated their intention to expand globally and are targeting various international markets such as China, Latin America, Continental Europe, Southeast Asia, India, the Middle East, and Africa. The company stated on the earnings call that these regions provide formidable growth opportunities that Starbucks is eager to capitalize on through strategic market expansion. Effectively leveraging sales, implementing structured productivity programs, and managing revenue are part of Starbucks' strategy to achieve gradual margin expansion as signaled on the earnings call. These efforts aim not only to strengthen financial performance but also to consolidate the company's leadership position in the industry. While the company did not reveal specific financial details during their earnings call, Starbucks stressed their commitment to driving growth, spurring innovation, and improving overall performance. Through strategic planning and target investments, Starbucks aims to evolve and remain competitive in a constantly evolving market. SBUX Company info: https://finance.yahoo.com/quote/SBUX/profile For more PSFK research : www.psfk.com  This email has been published and shared for the purpose of business research and is not intended as investment advice.

First Bite
Why Starbucks is banking on its reinvention plan to combat store waits

First Bite

Play Episode Listen Later Nov 6, 2023 8:40


Starbucks reported fourth quarter and fiscal year 2023 results Thursday morning and far exceeded expectations as its “reinvention plan” continues to gain momentum. CEO Laxman Narasimhan said that plan, first introduced last year, has driven improved partner and customer experiences, efficiencies and margins, with the latter up by 310 basis points in Q4 and 100 basis points for the full year.Total company revenues for the fourth quarter were a record $9.4 billion, marking an 11% increase year-over-year. For the full year, revenues were a record $36 billion, marking a 12% year-over-year jump. Global comp store sales were up 8% both for the quarter and the year, driven by a strong mix of ticket and transactions. As for those transactions, Placer.ai data reports that Starbucks traffic was up nearly 8% year-over-year in September and over 9% in August, far exceeding industrywide trends that turned negative in the quarter. Unit growth was up 7% as the system now exceeds 38,000 locations.

Leadership Next
Starbucks' Laxman Narasimhan Wants to Serve Connection in Every Cup

Leadership Next

Play Episode Listen Later Oct 3, 2023 27:02


Laxman Narasimhan is six months into being CEO of the world's most ubiquitous coffee shop. Narasimhan took over Starbucks from Howard Schultz in March of 2023. Before stepping into the CEO's office, he completed a six month immersion in Starbucks cafes around the country, where he learned the ins and outs of making each customer's favorite drinks while also constructing a vision for the future of the company. In April of this year, Narasimhan sent out a letter with a revised company mission statement highlighting the need to nurture human connection while also promising big returns for shareholders. Those big returns may come in part from the company's plans to open 10,000 more stores across the globe by 2025. In this episode of Leadership Next, Narasimhan joins hosts Alan Murray and Michal Lev-Ram to talk about how his six month immersion is informing his leadership of Starbucks. He also shares more details about Starbucks' plans for growth and why this is the right time to open thousands of new stores around the world. Additionally, Narasimhan gives his take on the state of Chinese and Western relations, and how that affects Starbucks' business. Woven throughout the conversation is how his personal story of growing up in India impacts his approach to leadership. Leadership Next is powered by Deloitte.

Hablemos de Mercados con TeFondeo
246.- BAD TO THE BONE

Hablemos de Mercados con TeFondeo

Play Episode Listen Later Sep 14, 2023 12:09


Las expectativas inflacionarias dominan el escenario financiero. Mientras los futuros del Dow Jones y Nasdaq registran ligeras alzas, el mercado aguarda el índice de precios al productor de agosto. A pesar de las cifras, la Reserva Federal probablemente mantendrá las tasas estables, aunque la volatilidad se espera que continúe. Howard Schultz, ex CEO de Starbucks, se retira nuevamente del consejo de administración de la empresa. Bajo su liderazgo, Starbucks se convirtió en una cadena mundial desde una tienda local. Schultz regresó en 2022 para guiar a la empresa en tiempos desafiantes. Con su partida, Laxman Narasimhan toma el mando como nuevo CEO, siendo el primero externo a la empresa. Además, Wei Zhang se une al consejo de Starbucks. Caesars Entertainment Inc. pagó decenas de millones a hackers tras un reciente ciberataque. Se espera una divulgación oficial del incidente por parte de la empresa. El grupo responsable, conocido como Scattered Spider, accedió a Caesars a través de un proveedor externo. Esto se une a otro ataque sufrido por MGM Resorts International. Los hackers amenazan con publicar información robada si no reciben el pago exigido.

TALRadio Telugu
Starbucks విజయం వెనుక ఓ భారతీయుడు - లక్ష్మణ్ నరసింహన్!

TALRadio Telugu

Play Episode Listen Later Jul 18, 2023 4:07


స్టార్ బక్స్… కాఫీ రంగంలో తిరుగులేని పేరు. వేల కోట్ల ఆ బిజినెస్ నష్టాల్లో నడుస్తున్నప్పుడు, దాన్ని సరిదిద్దేందుకు ఎంచుకున్న వ్యక్తి- లక్ష్మణ్ నరసింహన్. లక్షణ్ గతం అంతా సంచలనాలే. నష్టం తప్ప మరో మార్గం లేదనుకున్న సమయంలో తను అద్భుతమైన విజయాలు సాధించి చూపారు. ఇంతకీ ప్రత్యేకత ఏమిటి. తన విజయం నేర్పే నైపుణ్యం ఏమిటి? ఈ పాడ్ కాస్ట్ ద్వారా తెలుసుకుందాం. Laxman Narasimhan has created history by becoming CEO of Starbucks. People who know about him aren't surprised by this move. They knew that he is capable of creating wonders at times when only loss seem to be inevitable. What is the secret behind the success of Laxman Narasimhan and what is his journey teaching us! Script & Voice: KL Surya #laxmannarasimhan #starbucks #touchalife #talradiotelugu #talpodcasts #inspiration #motivation #indianceo #Reckitt #pepsico #dettol #lizol #successstory #talradio

Lean Whiskey
Does Starbucks' CEO Serving Coffee and Uber's CEO Driving Passengers Do Any Good? Tasting Sourced Whiskeys

Lean Whiskey

Play Episode Listen Later May 5, 2023 85:34


Episode page with links, video, and more In Episode 39, Mark Graban and Jamie Flinchbaugh toast the completion of Mark's new book, The Mistakes That Make Us: Cultivating a Culture of Learning and Innovation (coming soon!). We also acknowledge Jamie's forthcoming podcast based on the book People Solve Problems. That's already plenty to cover before we even get into our whiskey.  Our whiskey theme was sourced juice, or essentially whiskey producers that buy whiskey from other distillers. This practice takes many different forms. Jamie is drinking Holla Bourbon Whiskey, a 4 year wheated bourbon, while Mark is drinking The Senator Straight Rye Whiskey sourced from MGP. Holla Spirits is primarily a vodka company with an incredibly wide range of infused vodkas, from jalapeno to pickle to cotton candy. They use higher grade ethanol from either corn or cane. Our lean topic was CEOs who “go to the gemba,” specifically referencing recent Wall Street Journal articles featuring Uber CEO Dara Khosrowshahi driving an Uber and Starbucks brand-new CEO Laxman Narasimhan being trained and working as a barista. While there is a lot these articles don't tell you, we have to draw some conclusions about whether these efforts are well-intentioned or not. We didn't like the barista with gold cufflinks or the Uber driver ignoring important calls from his General Counsel.  We did conclude that there are three dimensions to this practice to get right, and all three must be right for this practice to be worth the effort. First, you have to get the intention correct. Second, you must execute it with the right spirit and curiosity. Third, you have to do the right things with what you learn, not just fixing specific problems but challenging business model assumptions or improving major systems of how the company works. Links From the Show: Mark's book page to find out more when The Mistakes That Make Us will be released Jamie's blog, where you can find the People Solve Problems podcast release Mark's recent blog post about Glenns Creek Distillery and creativity-before-capital kaizen NBC News covering sourced whiskey Whiskey Advocate covering sourced whiskey Jamie's whiskey from Holla Spirits, a 4-year Wheated Bourbon, distilled by Southern Distilling Company in North Carolina and blended by Cloonaughill Celtic Malts in York, PA Mark's whiskey, The Senator Straight Rye Whiskey, a 4-grain blend distilled by MGP in Lawrenceburg, IN  Uber's CEO driving covered by Wall Street Journal as well as Business Insider and Inside Hook  Starbucks CEO trains and works as a barista, as covered by Wall Street Journal Jamie's past blog about Undercover Boss, and Mark's past blog about a hospital CEO going undercover  Mark's recommended podcast is Culture by Design Jamie's recommended podcast is Stuff You Should Know  Podcast feed at LeanWhiskey.com or leanblog.org/leanwhiskey or jflinch.com/leanwhiskey  Please review us and follow or subscribe on your favorite podcast platform! 

RB Daily
Dine Brands, Pizza Hut, Starbucks

RB Daily

Play Episode Listen Later May 4, 2023 4:16


Customer spending is steady at Dine Brands, despite inflationary pressures. Pizza Hut's same-store sales rose 8% last quarter. And Starbucks' new CEO Laxman Narasimhan is looking at ways to make the company more efficient.

レアジョブ英会話 Daily News Article Podcast
New Starbucks CEO plans to work in stores monthly

レアジョブ英会話 Daily News Article Podcast

Play Episode Listen Later Apr 22, 2023 2:06


Starbucks' new CEO Laxman Narasimhan says he plans to work a half-day shift once a month in one of the company's stores in an effort to stay close to its culture and customers. Narasimhan, who took the reins as CEO, said in a letter to Starbucks' employees that he also expects the company's leadership team to be connected and engaged in stores. Having a CEO work in stores is new for Seattle-based Starbucks, but not unprecedented among big companies. DoorDash CEO Tony Xu and his executive team make DoorDash deliveries once a month, for example. Narasimhan, 55, issued the letter just prior to the company's annual meeting, which was held virtually. The former PepsiCo executive has spent six months immersing himself in Starbucks, earning his barista certification as well as visiting stores, farms and manufacturing centers across the world. “I felt it was very important to start as a barista. I wanted to really understand what they do and how they do it,” Narasimhan said in comments emailed to The Associated Press. “I've loved and learned so much about the retail experience from working in our stores, and can now make an excellent French press if I do say so myself.” Narasimhan said he would like to see Starbucks evolve into a more global company, be less wasteful and move with greater speed. Narasimhan succeeds longtime Starbucks leader Howard Schultz, who came out of retirement last spring to serve as interim CEO while the company searched for a new chief executive. Schultz will remain on the company's board. Some investors were unhappy with that move, saying Starbucks should have had a more robust succession plan in place when former CEO Kevin Johnson retired April 2022. Among the shareholder proposals investors voted on was one that would require Starbucks' board to begin succession planning at least three years before an expected transition. This article was provided by The Associated Press.

Founders Unfiltered
Ep 76: Increasing Global Opportunities for Indian Students ft. Leap Finance

Founders Unfiltered

Play Episode Listen Later Apr 9, 2023 61:22


Arnav Kumar is the Founder of Leap Finance, a digital platform that helps Indian students access loans for studying abroad. He completed his Bachelor's and Master's degrees in Applied Mathematics from the Indian Institute of Technology (IIT) Kharagpur in 2010. After graduation, he worked at Deutsche Bank as an Analyst and then joined UrbanTouch.com as a Vice President. In 2013, he founded Sokratik, but unfortunately, he could not find product-market fit and had a suboptimal GTM strategy. Later on, he founded Zoomo in 2014. He then joined Elevation Capital (previously known as SAIF Partners) as an Associate Vice President. Finally, in 2019, he founded Leap Finance. About Leap Finance: From Sundar Pichai to Indira Nooyi and Satya Nadella to Laxman Narasimhan, Indians today lead the world's most influential companies. Increasingly, young Indians are going beyond geographical boundaries - to study at the best global schools and pursue global careers. Leap Finance supports future leaders from India in their quest for global impact. They create modern financial products and services that help Indian students pursue a global career. From choosing the right university and the best financing option to lining up job interviews and introductions, Leap Finance invests heavily in your success. Leap Finance (www.leapscholar.com) offers counselling and related services for study abroad aspirants.

Think Fast with Varun and Suchita
Bye Bye Legacy Twitter Blue Ticks, BluSmart Cabs & Macro Indian Startup POV

Think Fast with Varun and Suchita

Play Episode Listen Later Mar 29, 2023 49:49


Varun & Suchita start by discuss the new Finance Bill, Starbucks getting an Indian Origin CEO, Amazon looking to acquire MX Player from the Times Group, Khan Academy introducing AI into the classroom, Ashneer Grover's CricPe, Byjus X Aakash X Unacademy news and more. They deep dive into the interesting strategies and pivots of some Indian Startups, analyse BluSmart cabs' business model and how it fares compared to Uber & Ola, & take a look at Twitter's blue ticks shenanigans.  Suchita Recommends two shows: Succession S4 (HBO) & Ted Lasso (Apple) Varun Recommends going away from the city and exploring the smaller towns.  Varun & Suchita also answer a few listener questions on the show. Do share yours on the below-mentioned handles. You can follow Varun Duggirala on Twitter & Instagram You can follow Suchita Salwan on Twitter & Instagram  Check out video episodes on the Think Fast YouTube Channel. Find the show across audio streaming apps:Spotify | Apple Podcasts | Google Podcasts | JioSaavn | Gaana | Amazon Music Do follow IVM Podcasts on social media.We are @ivmpodcasts on Facebook, Twitter, & Instagram.See omnystudio.com/listener for privacy information.

Seattle Now
Howard Schultz heads to the Senate

Seattle Now

Play Episode Listen Later Mar 27, 2023 11:35


Starbucks's new CEO Laxman Narasimhan is at the helm, but it will be Howard Schultz on Wednesday answering a Senate panel's questions about the company's alleged union busting.KUOW's labor and economy reporter Monica Nickelsburg is here to break it down.We can only make Seattle Now because listeners support us. Make the show happen by making a gift to KUOW: https://www.kuow.org/donate/seattlenowAnd we want to hear from you! Follow us on Instagram at SeattleNowPod, or leave us feedback online: https://www.kuow.org/feedback

DeHuff Uncensored
Ep. 312 | MIT Oreo study | Companys who actually listen to their customers

DeHuff Uncensored

Play Episode Listen Later Mar 27, 2023 45:21


MIT tested 1,000 Oreo cookies to crack the mystery of the best way to eat one…. THEY GET PAID FOR THIS!!Tourist survives bungee jump fall in Thailand after cord snaps.A man got a glass stuck in his back end for three days.A school principal says she has been forced to resign from a Tallahassee school after parents complained about her 'pornographic' art lesson.Starbucks' new CEO, Laxman Narasimhan, will work as a barista every month. But is that a good or bad thing?Broncos survey season-ticket holders about new stadium preferences.Buy some cool Colorado merch! Buy anything under the "DeHuff's Picks" and that goes towards helping the podcast! https://1876.co/collections/dehuffs-picks

The Peak Daily
Book Napster

The Peak Daily

Play Episode Listen Later Mar 21, 2023 9:04


A coalition of central banks, including Canada, the US, the EU, England, Japan, and Switzerland, came together to keep US dollars circulating through an achy-breaky banking system. Book publishers are trying to shut down the Napster of libraries. Starbucks is welcoming a new CEO two weeks ahead of schedule. Laxman Narasimhan will unseat the coffee chain's founder and three-time CEO Howard Schultz, who returned to the company last year—earning a $1 salary—to help right the ship and mentor his successor. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

TD Ameritrade Network
Starbucks (SBUX) Earnings: Near-Term Trends Are On Fire

TD Ameritrade Network

Play Episode Listen Later Nov 4, 2022 5:46


I think the near-term trends are on fire, so I fully expect a beat here in their earnings, says Nick Setyan. He and R.J. Hottovy previews Starbucks' (SBUX) earnings which will be released today, November 3rd, postmarket. They talk about how China's Covid lockdowns will impact the earnings. They also go over how incoming CEO Laxman Narasimhan will impact Starbucks. Tune in to find out more about the stock market today.

Mad Money w/ Jim Cramer
Guiding Investors Through The Market, Starbucks Interim CEO & Costco CEO 9/13/22

Mad Money w/ Jim Cramer

Play Episode Listen Later Sep 13, 2022 44:40


Stocks plummeted after a hotter-than-expected CPI sent a flurry of fear throughout the market, with the Dow falling over 1,200 points, the S&P losing 178 points, and the Nasdaq sinking more than 5%. Jim Cramer may be on the West Coast, but he's still here to help investors understand today's downturn on Wall Street and manage their portfolios through the turbulence. Then, Starbucks founder and interim CEO Howard Schultz joins Cramer fresh off the company's Investor Day to share more about the leadership transition to incoming CEO Laxman Narasimhan, growth targets, employee unionization and more. Plus, as inflation continues to hit consumers, Cramer sits down with Costco CEO Craig Jelinek.

WSJ What’s News
Starbucks CEO to Tackle Chain's Challenges Alongside Howard Schultz

WSJ What’s News

Play Episode Listen Later Sep 12, 2022 13:57


P.M. Edition for Sept. 12. Starbucks' new leader, Laxman Narasimhan, will be working with veteran, three-time CEO Howard Schultz as he takes the helm of the coffee chain. Among his key tasks? Learning about the company's culture, operations and, of course, coffee. A key challenge will be charting the future of the brand as it emerges from the pandemic. WSJ restaurants reporter Heather Haddon joins host Annmarie Fertoli to discuss. Learn more about your ad choices. Visit megaphone.fm/adchoices

Extra Serving
NRN editors discuss Starbucks' new CEO, California's fast-food workers' bill

Extra Serving

Play Episode Listen Later Sep 9, 2022 75:14


This week on Extra Serving, a Nation’s Restaurant News podcast, NRN editors Holly Petre, Sam Oches, and Leigh Anne Zinsmeister discussed the new CEO at Starbucks. After much speculation, Starbucks’ interim CEO Howard Schultz named a successor in Laxman Narasimhan, a former PepsiCo executive who most recently served as CEO of consumer health and wellness brand Reckitt. The team discussed what the timing of this appointment means as well as their own predictions for what this could hold for the future of Starbucks which has faced its own series of challenges of late including the wave of unionization. Also, the team discussed California’s new fast-food workers’ bill. The bill, which was signed into law on Labor Day by Governor Gavin Newsom, will create standardized practices for restaurants with over 100 units nationally. It has been met with pushback from organizations like the National Restaurant Association. The team discussed what this bill’s passage could mean and how a bipartisan council could possibly work when it comes to foodservice and worker rights. This week’s interview is from this week’s episode of Take-Away, featuring the brothers who cofounded Via 313. For the whole interview with take-aways from Sam, go to this feed and listen.

Motley Fool Money
3 CEOs Walk Into A Bar...

Motley Fool Money

Play Episode Listen Later Sep 7, 2022 32:11


It's CEO Day! (Ok, not really, but CEOs were very much in the news today.) (0:21) Jason Moser discusses: - Target eliminating a long-standing policy to extend Brian Cornell's job as CEO for 3 more years - Starbucks' plan to spend the next six months onboarding CEO-in-waiting Laxman Narasimhan (17:50) Ricky Mulvey talks with Entrepreneur Magazine editor-in-chief Jason Feifer about key takeaways from his new book Build for Tomorrow: Embrace Change, Adapt Fast, and Future-Proof Your Career and Life. Stocks mentioned: TGT, SBUX, DIS, SQ, BRDS, NFLX Host: Chris Hill Guests: Jason Moser, Ricky Mulvey, Jason Feifer Engineers: Dan Boyd, Rick Engdahl

Squawk Pod
Starbucks CEOs, Seasoned & New: Howard Schultz & Laxman Narasimhan in Seattle 9/7/22

Squawk Pod

Play Episode Listen Later Sep 7, 2022 32:39


Starbucks founder and longtime on-and-off CEO Howard Schultz is finally, officially, handing over the chain's reins to a new CEO: Laxman Narasimhan. Andrew Ross Sorkin sits down with both in Seattle and discusses Starbucks leadership and culture, inflation, China, and labor unions over a “not cheap” cup of coffee. Plus, Meta is gearing up to release some next gen technology, Russia is tightening its literal power grip, and the markets are hitting all kinds of highs–and lows.  In this episode: Howard Schultz, @HowardSchultzBecky Quick @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer: @Kramer_Katie

First Bite
What we can expect from the new Starbucks CEO

First Bite

Play Episode Listen Later Sep 7, 2022 7:03


Starbucks named a new CEO after months of speculation, including our own, with predictions ranging from interim CEO Howard Schultz taking the helm permanently to Schultz remaining CEO for several more months than expected. But, right on time — or even ahead of schedule, according to some analysts — Schultz named a new permanent CEO in Laxman Narasimhan, a former PepsiCo executive. More recently, he had been serving as the CEO of a consumer nutrition company called Reckitt. Schultz will remain on at Starbucks to help Narasimhan until he takes on the role by himself on April 1, 2023. What does this new appointment mean? We have senior editor Joanna Fantozzi to break down everything. Plus, catch up on all the top news of the day with our daily news recap at the beginning of each episode. Be sure to subscribe to First Bite wherever you get your podcasts or on Castos, Spotify, or Apple Podcasts.

SoFi Daily Podcast
SoFi Daily Podcast - 9/6/2022

SoFi Daily Podcast

Play Episode Listen Later Sep 6, 2022 5:29


US stocks fell Friday. Plus, Starbucks names Laxman Narasimhan as its new CEO, Lululemon is upbeat despite inflation, and Rocket Lab reports a successful launch.

SoFi Daily Podcast
SoFi Daily Podcast - 9/6/2022

SoFi Daily Podcast

Play Episode Listen Later Sep 6, 2022 5:29


US stocks fell Friday. Plus, Starbucks names Laxman Narasimhan as its new CEO, Lululemon is upbeat despite inflation, and Rocket Lab reports a successful launch.

Cyrus Says
CnB ft. Rueben, Amit & Abbas | ₹75 Movie Tickets & CEO Quits LinkedIn

Cyrus Says

Play Episode Listen Later Sep 5, 2022 73:04


On Cock & Bull today, we are joined by Rueben, Amit & Abbas. Today Cyrus is badly sweating as he is anxious because of the super happening VIP movements. In the show: Reuben joins us as a new panelist, and he is super late. The panel talks about bald people and soul patch beards, and they discuss their favorite teachers from school/college days as it is teacher's day today. Topics discussed by the panel were: Multiplex association announces movie tickets at flat ₹75 on Sept 16, Starbucks names Indian-origin Laxman Narasimhan as new CEO, Bombay Shaving Company CEO quits LinkedIn after massive backlash, and Serena Williams bids adieu to tennis. Tune in for this and much more!Check out Cyrus Says merch:ivm.today/3PLKo1mYou can follow Rueben on Instagram at @rararuebenYou can follow Amit on Instagram at @doshiamitYou can follow Abbas on Instagram at @abbasmomin88Stream the podcast on major platforms like Spotify, Apple Podcasts, & Google PodcastsDo send in AMA questions for Cyrus by tweeting them to @cyrussaysin or emailing them at whatcyrussays@gmail.comDon't forget to follow Cyrus Broacha on Instagram @cyrus_broacha (https://www.instagram.com/cyrus_broacha)In case you're late to the party and want to catch up on previous episodes of Cyrus Says you can do so at: www.ivmpodcasts.com/cyrussaysYou can listen to this show and other awesome shows on the new and improved IVM Podcasts App on Android: https://ivm.today/android or iOS:https://ivm.today/ios

Wall Street Breakfast
Wall Street Breakfast September 1: August Jobs Report To Provide More Clues On Economy's Direction, Fed's Rate Path

Wall Street Breakfast

Play Episode Listen Later Sep 2, 2022 8:21 Transcription Available


August jobs report to provide more clues on economy's direction, Fed's rate path. Starbucks names Laxman Narasimhan as its next CEO.iPhone crown: Over half of America is using smartphones made by Apple. Catch today's WSB article seekingalpha.com/wsb. Start Your Free Trial of Seeking Alpha Premium - https://bit.ly/3uX5TDY.

Squawk Box Europe Express
SQUAWK BOX, FRIDAY 2ND SEPTEMBER, 2022

Squawk Box Europe Express

Play Episode Listen Later Sep 2, 2022 24:12


We are live on the shores of Lake Como in Italy for the Ambrosetti Forum as Italy announces a multi-billion euro inflation-busting emergency programme. This as the 10-year yield hit 4 per cent for the first time since June. However, Ambrosetti CEO Valerio De Molli tells CNBC that the country is not about to slip into another debt crisis. Investors anticipate the U.S. August jobs report with the Dow breaking a four-day losing streak. Russia vows to stop selling crude to nations supporting an oil price cap. Brent and WTI gain in early trade. And in food and beverage news, Starbucks unveils Laxman Narasimhan as its new CEO in a bid to impose the coffee chain giant's Reinvention plan. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

HT Daily News Wrap
Karnataka seer arrested in POCSO case after furore

HT Daily News Wrap

Play Episode Listen Later Sep 2, 2022 6:45


Karnataka seer arrested in POCSO case after furore, 'Told Ghulam Nabi Azad…': Hooda reveals why 3 G-23 leaders met GNA after he quit, Starbucks names Indian-origin Laxman Narasimhan as new CEO. 5 things to know and other top news in the bulletin.

Intelligence Squared
Business Weekly: No Bullsh*t Leadership with Reckitt CEO Laxman Narasimhan

Intelligence Squared

Play Episode Listen Later Sep 6, 2021 44:30


In this episode Chris Hirst speaks to Laxman Narasimhan, CEO of Reckitt, about his approach to leadership and how to connect with staff in a global company. Reckitt is the global consumer goods giant behind household brands such as Dettol, Durex, Vanish, Neurofen and Strepsils. Before running Reckitt, Laxman held senior positions in PepsiCo and McKinsey.To subscribe to the No Bullsh*t Leadership podcast, made in partnership with Havas Creative, click here: https://pod.link/1533418365 Support this show http://supporter.acast.com/intelligencesquared. See acast.com/privacy for privacy and opt-out information.

No Bullsh*t Leadership with Chris Hirst

Chris Hirst, Global CEO of advertising group Havas Creative, cuts through the bullshit and gets to the heart of modern leadership in this straight-talking podcast brought to you by Intelligence Squared. In this episode Chris Hirst speaks to Laxman Narasimhan, CEO of Reckitt, about his approach to leadership, the importance of unlearning and how to connect personally and culturally with staff in a global company. Reckitt is the global consumer goods company behind household brands such as Dettol, Durex, Vanish, Neurofen and Strepsils. Before running Reckitt, Laxman held a number of senior positions in Pepsico including Global Chief Commercial Officer and was previously a director at McKinsey.If you enjoyed this podcast please let us know what you think by rating and reviewing No Bullsh*t Leadership on Apple Podcasts. For updates on the series follow @intelligence2 and @chrishirst on Twitter. Executive Producer: Farah Jassat; Editor: Emma Corsham; Technical Support: Mark Roberts. Chris Hirst is author of the award-winning book No Bulls*ht Leadership: Why the World Needs More Everyday Leaders and Why That Leader Is You. See acast.com/privacy for privacy and opt-out information.

Portfolio Construction Forum
It's a whole new consumer world!

Portfolio Construction Forum

Play Episode Listen Later Oct 29, 2020 48:15


The Covid-19 pandemic is accelerating pre-existing consumer trends and transforming the ways in which people behave across many spheres of live. Consumer goods companies are watching communities closely, and adjusting their medium-term strategies accordingly. Over the longer-term, the new world winners will be those businesses which focus on culture and purpose, and which aspire to make a positive difference. - Hamish Douglass & Laxman Narasimhan. Earn 0.75 CE/CPD hrs on Portfolio Construction Forum

Inside the Strategy Room
Laxman Narasimhan, CEO of Reckitt Benckiser, on corporate purpose during a crisis

Inside the Strategy Room

Play Episode Listen Later Oct 20, 2020 28:19


Read more > Listen to the podcast (duration: 28:18) > Senior partner Celia Huber speaks with Laxman Narasimhan, the CEO of Reckitt Benckiser. The UK-based global consumer-goods company focuses on products in health, hygiene, and nutrition categories, some of which saw massive demand spikes during the height of the pandemic. Before joining the company, Narasimhan held various senior roles at PepsiCo, most recently that of global chief commercial officer. He is also a former McKinsey senior partner. In this interview, recorded in early July, he shares his perspective on maintaining resilience through the COVID-19 crisis, staying connected while working remotely, and how the company's purpose helped it navigate the pandemic.See www.mckinsey.com/privacy-policy for privacy information

Inside the Strategy Room
63. Laxman Narasimhan, CEO of Reckitt Benckiser, on corporate purpose during a crisis

Inside the Strategy Room

Play Episode Listen Later Oct 20, 2020 28:19


Read more > Listen to the podcast (duration: 28:18) > Senior partner Celia Huber speaks with Laxman Narasimhan, the CEO of Reckitt Benckiser. The UK-based global consumer-goods company focuses on products in health, hygiene, and nutrition categories, some of which saw massive demand spikes during the height of the pandemic. Before joining the company, Narasimhan held various senior roles at PepsiCo, most recently that of global chief commercial officer. He is also a former McKinsey senior partner. In this interview, recorded in early July, he shares his perspective on maintaining resilience through the COVID-19 crisis, staying connected while working remotely, and how the company's purpose helped it navigate the pandemic.Join 90,000 other members of our LinkedIn community: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information

Inside the Strategy Room
Laxman Narasimhan, CEO of Reckitt Benckiser, on corporate purpose during a crisis

Inside the Strategy Room

Play Episode Listen Later Oct 20, 2020 28:18


Senior partner Celia Huber speaks with Laxman Narasimhan, the CEO of Reckitt Benckiser. The UK-based global consumer-goods company focuses on products in health, hygiene, and nutrition categories, some of which saw massive demand spikes during the height of the pandemic. Before joining the company, Narasimhan held various senior roles at PepsiCo, most recently that of global chief commercial officer. He is also a former McKinsey senior partner. In this interview, recorded in early July, he shares his perspective on maintaining resilience through the COVID-19 crisis, staying connected while working remotely, and how the company’s purpose helped it navigate the pandemic. Read more > Listen to the podcast (duration: 28:18) >