8 Powerful Leadership Lessons by Howard Schultz

Howard Schultz

Howard Schultz is one of the best known leaders in the world. He led Starbucks to enormous success and made it a global phenomenon. He held the position of CEO & Chairman of Starbucks from 1986 to 2000 & from 2008 to 2017. He currently serves as the Chairman Emeritus of Starbucks.

Schultz came into limelight for his great leadership in making Starbucks the largest coffeehouse in the world with more than 23,000 locations. As per Forbes, Howard Schultz has an estimated net worth of $2.9 billion(as of Feb 19).  He is one of the richest men in America was recognized as Fortune Magazine’s 2011 Businessperson of the Year. He is also expected to be a candidate in the 2020 US Presidential elections.

Howard Schultz’s journey from a sales person after graduating to becoming a CEO and Chairman of Starbucks has many leadership lessons for everyone. Here we look at some of the powerful leadership lessons from one of the most influential leaders of our times.

1. Vision

The success of Howard Schultz can be attributed to his remarkable vision. When he joined Starbucks, he could see things that others didn’t. He knew there was more to Starbucks than coffee. He wanted to build the complete experience, a place where people enjoyed spending time and eventually ended up creating a haven for coffee lovers called Starbucks.

Howard Schultz came from a humble background. His father worked as a truck driver, factory worker and cab driver. Howard Schultz was the first person in his family to graduate from college.

2. Lead from the Heart

Leadership

All great leaders have a deep rooted mission where they want to do good. They want to impact people’s lives positively and that is what drives them. Howard Schultz is one of those leaders.

Howard Schultz has demonstrated great passion for building Starbucks. He has backed his teams and often displays emotions, even vulnerabilities and advocates authenticity as an essential element for leadership.

Howard Schultz advocates doing things from your heart. He says when you “romance what you serve” it creates an elevated feeling and customers can experience it. When you do things with your heart into it, it creates vibes that take it to the next level.

3. Take Responsibility

Howard Schultz says, “I took my life in my hands, learned from anyone I could, grabbed what opportunity I could, and molded my success step by step.”

Great leaders take responsibility for what they do. They go out of their way, push themselves and never accept status quo. The consistency of Starbucks’ products across locations and countries is a proof of this.

As a leader it is important not to blame your team or situations, take responsibility for your actions and help your team find the solution.

4. Give Back

Leadership Lessons Starbucks

In 1961, when Howard was growing up, his father had broken his ankle and couldn’t go to his job. His mother was 7 months pregnant and couldn’t take up a job either. The family found it really difficult to manage the finances.

Schultz writes in his book, “Our family had no income, no health insurance, no worker’s compensation, nothing to fall back on.”

He said he didnt know it then, but he wanted to make a difference. He writes, “I knew in my heart that if I was ever in a position where I could make a difference, I wouldn’t leave people behind.”

Howard Schultz has been generous and always taken care of his team, employees and does charity work for giving back to society.

Howard has a family trust called the Schultz Family Foundation. The foundation focuses on the needs of youth, veterans, and charitable events.

5. Be Bold & Think Big

Howard Schultz has lived his mantra and he advocates, “If you dream small dreams, you may succeed in building something small. For many people, that is enough. But if you want to achieve widespread impact and lasting value, be bold.”

As a leader you have to be bold and think big. You have to do sacrifice, work hard and create something that will create a huge impact. Despite all the hurdles and setbacks, you cannot lose sight of the big picture. Leaders need to keep believing and push themselves towards their goals everyday.

As a leader, it is your job to align your team to a shared goal. It is this shared goal that creates synergy and drives human spirit to achieve things beyond their wildest dreams.

6. Intellectual Stimulation

Starbucks

Who would have thought that people will pay $4 for coffee? But, then Howard Schultz had other ideas in mind. He imagined a place where people will love to spend time and wanted it to be “the third place” the place other than your home and work.

He told his audience at UCLA in 2008, his goal was to build a “different kind of company” one with a social conscience and a soul.

The authenticity of Starbucks made it the brand that it is today. Leaders need to embrace authenticity and constantly stimulate their teams to achieve the highest goals. Great things are always achieved by those who try their heart out and are always keen to improve.

7. Admit Faults & Ask for Help

Howard Schultz says, “Admit you don’t know what you don’t know. When you acknowledge your weaknesses and ask for advice, you’ll be surprised how much others will help.”

One of the greatest strengths of leadership is to admit faults and ask for help. Whatever you do, no matter what your IQ is, you cannot know everything. Leadership demands humility. When you admit faults and ask for help, it shows your humility. It is an important facet that makes leaders more open minded, collaborative and successful in today’s world.

8. Know Yourself

Leadership Lessons from Howard Schultz

Schultz said, “In times of adversity and change, we really discover who we are and what we’re made of.” As a leader it is important to understand who you are, what you stand for and what your core values are. When you are clear headed, it becomes easier to guide others.

Leadership needs consistency, direction and clarity of vision. Tough times are inevitable, how leaders handle these times moulds their future. A leader with strong self awareness is well equipped to lead his team to great heights.

Howard Schultz is a shining and illustrious example of the infinite possibilities the universe holds for those who dream big. Anything is possible, when you are driven by a strong commitment for achieving your goals.

Starbucks is an inspiring tale of leadership. It can be summarised aptly by Schultz words, “When you’re surrounded by people who share a passionate commitment around a common purpose, anything is possible.”

Most Valuable Food Brands

Most Valuable Food Brands

Which brand comes to the top of your mind when we talk about food? Well, here is a list of the most valuable food brand on the planet. It is not surprising that McDonalds makes it to the top of the list. It is all pervasive and has a commanding presence with an estimated brand value of 126.044$ billion.

1. McDonald’s

Mcdonald's

McDonald’s, an American fast food company, founded in 1940 as a restaurant operated by Richard and Maurice McDonald , in San Bernardino, California, United States. It is the world’s largest restaurant chain by revenue. It employs over 35,000 people and operates in more than 36,900 locations in over 100 countries. Although McDonald’s is best renowned for its hamburgers, they also sell cheeseburgers, chicken products, french fries, breakfast items, soft drinks, milkshakes, wraps, and delectable desserts. No counting calories with McDonald’s.

2. Starbucks

Starbucks

Starbucks Corporation is an American coffee company and coffeehouse chain. Starbucks was founded in Seattle, Washington in 1971. As of 2018, the company operates in 28,218 locations around the world. Starbucks was started by English teacher Jerry Baldwin, history teacher Zev Siegl, and writer Gordon Bowker. They were inspired to sell high-quality coffee beans and ended up creating Starbucks, which has become a global phenomenon in the modern day world.
Starbucks is considered the main representative of “second wave coffee.”

It has created a very strong brand identity by taste, quality, and customer experience. It has also popularized darkly roasted coffee. Starbucks locations serve hot and cold drinks, whole-bean coffee, microground instant coffee known as VIA, espresso, caffe latte, full- and loose-leaf teas. Coffee lovers are surely not complaining when Starbucks is around.

3. Subway

subway

Subway is an American privately held fast food restaurant franchise that sells sandwiches (subs) and salads. Subway is among the fastest-growing franchises in the world. It more than 45,000 stores located in more than 100 countries. More than half of the stores are located in the United States.

Subway offers long sandwiches measured in inches and foot. Subway’s core product is the Submarine sandwich (or “sub”). Apart from these, Subway also sells wraps, salad, paninis and baked goods. A quick bite is not too far with Subway.

4. KFC

KFC

KFC, until 1991 known as Kentucky Fried Chicken, is an American fast food restaurant chain that specializes in fried chicken. KFC was started by Colonel Harland Sanders. He started selling fried chicken from his roadside restaurant before opening several franchises. KFC is today among the biggest brands in the food industry, its the second largest restaurant chain in the world behind Mcdonald’s.

KFC popularized chicken in the fast food industry. The fast food industry was earlier dominated by hamburgers, KFC challenged and changed the way fast food industry operates.

5. Domino’s Pizza

Domino's pizza

Domino’s Pizza, Inc , or simply Domino’s, is an American pizza restaurant chain founded in 1960. In February 2018, Domino’s became the largest pizza seller worldwide in terms of sales. Domino’s has more than 13,811 locations worldwide as of 2018. The company employs more than 14,000 people. The number of people working in Domino’s is more than 290,000 when its franchises are included.

Pizza is the primary focus of Domino’s, with traditional, specialty, and custom pizzas available in a variety of crust styles and toppings. The menu offers chicken and bread sides, as well as beverages and desserts. Pizza is one of the most popular foods in the world.

6. Pizza Hut

Pizza-hut

Pizza Hut is an American restaurant chain and international franchise founded in 1958 by Dan and Frank Carney. The company is well known for its Italian-American cuisine menu including pizza and pasta. It also serves side dishes and desserts.

Pizza Hut has 16,796 restaurants worldwide as of 2018. It is world’s largest pizza chain in terms of locations. Pizza Hut experiments with new products, discontinuing less successful ones.

7.Tim Hortons

Tim Hortons

Tim Hortons Inc. is a Canadian-based multinational fast food restaurant known for its coffee and donuts. It is Canada’s largest quick Service restaurant chain. It has a total of 4,613 restaurants in 9 countries.

The company was founded in 1964 in Hamilton, Ontario, by Canadian Hockey player Tim Horton and Jim Charade.

Tim Hortons’ first stores offered only two products – coffee and doughnuts. Apart from its coffee, tea, chocolate, and doughnuts, the menu now contains other baked goods, such as bagels. The company employs over 100,000 people.

8. Burger King

Burger King

Burger King (BK) is an American global chain of hamburger fast food restaurants. It has headquartered in the unincorporated area of Miami-Dade County , Florida. The company was founded in 1953 as Insta-Burger King, a Jacksonville,Florida-based restaurant chain.

Its menu consisted predominantly of basic hamburgers, French fries, soft drinks, milkshakes, and desserts. It has 15,243 outlets in 100 countries. Almost half of these outlets are in United States.

9.Taco Bell

Taco Bell

Taco Bell is an American chain of fast food restaurants based out of Irvine, California. It was founded in 1962. A subsidiary of Yum Brands. The restaurants serve a variety of Tex-Mex foods that include tacos, burritos, quesadillas, nachos, novelty and specialty items, and a variety of “value menu” items.

As of 2018, Taco Bell has more than 7,000 locations and 80% of them are operated by independent franchisees.

10. Chipotle

Chipotle

Chipotle Mexican Grill is an American chain of fast casual restaurants in the United States, United Kingdom, Canada Germany, and France specializing in tacos and Mission-style burritos.

Chipotle’s menu has four items: burritos, bowls, tacos, and salads. Additional optional toppings are offered free of charge, including rice, beans, queso, four types of salsa, sour cream, cheese, and lettuce. Chipotle Mexican Grill was founded in 1993 by Steve Ells. It has more than 2,000 locations across the globe and employs over 45,000 people.