Starbuck Assignment 2022

Running Head: STARBUCKS 1
Name
Institution
Date

STARBUCKS 2
Governance
Governance in Starbucks is strategy that ensures that there is accountability, effectiveness
and supervision in the company.
 Board of Directors. Governance in Starbucks is committed to maintaining their
uncompromising principles that are essential for their growth. In this regard, the board
has adopted governance principles, policies and committee charters which are the basis of
the Company’s practices.
 Board Autonomy .Starbucks has a corporate structure that is well governed. It uses
selected committees to run the organizational operations.
 Performance Measurement and Recognition. Employees at Starbucks are not recognized
by the number of sales they make but by what they do to fellow employees. This creates a
sense of responsibility while still remaining productive to the company. Employees
ensure that they do something special either to fellow workers, a customer or the
community at large (Claessens, 2019).
 Fairness. The company natures and inspires human spirit. Fairness in the company is
very crucial in ensuring that this is achieved. In this regard, Starbucks culture is to honor
employees’ availability by delivering weekly schedules as well as ensuring that there is
enough rest between shifts.
 Transparency. Transparency is one of the major factors that determine the growth or
failure of an organization. The employee and famer equity program is the main source of
transparency in the company. Through the program, the company ensures that coffee
quality is maintained while promoting both social and economic standards.