Subject category:
Strategy and General Management
Published by:
International Institute for Management Development (IMD)
Version: 22.07.2022
Length: 13 pages
Data source: Field research
Abstract
Our story starts in 2001. Mike Caswell, an engineer and early Starbuck's employee, creates a technology that permits better flavor and increased margins, for fresh-roasted coffee in retail stores. Years of engineering and fundraising, franchising, disputes, hopes and frustrations ensue. Jamie Robertson joins in 2017, as both investor and CEO of a new unit in the UK and opens a store in London. The COVID pandemic hits, but Jamie perseveres, as he has realized that it is the customer experience that will make the difference. Jamie and his team open additional stores in London, Jamie is named CEO of the group, and eventually they are successful in raising significant funds for expansion in the UK and the US.
Time period
The events covered by this case took place in 2001-2022.Geographical setting
Region:
World/global
Featured company
Roasting Plant
Employees:
11-50
Turnover:
GBP 1 million
Industry:
Coffee
About
Abstract
Our story starts in 2001. Mike Caswell, an engineer and early Starbuck's employee, creates a technology that permits better flavor and increased margins, for fresh-roasted coffee in retail stores. Years of engineering and fundraising, franchising, disputes, hopes and frustrations ensue. Jamie Robertson joins in 2017, as both investor and CEO of a new unit in the UK and opens a store in London. The COVID pandemic hits, but Jamie perseveres, as he has realized that it is the customer experience that will make the difference. Jamie and his team open additional stores in London, Jamie is named CEO of the group, and eventually they are successful in raising significant funds for expansion in the UK and the US.
Settings
Time period
The events covered by this case took place in 2001-2022.Geographical setting
Region:
World/global
Featured company
Roasting Plant
Employees:
11-50
Turnover:
GBP 1 million
Industry:
Coffee