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STRATEGIC-THINKING6 MIN READ

Starbucks' Strategic Shift Under Pressure

Embrace innovative thinking when facing tight deadlines.

{"company":"Starbucks","sections":[{"label":"Situation","title":"The problem","body":"In early 2020, Starbucks faced a staggering 40% drop in in-store traffic due to COVID-19 restrictions, leading to a projected revenue loss of $3 billion. The company's existing business model was unsustainable under these conditions, prompting urgent action to adapt to the rapidly changing landscape."},{"label":"Decision","title":"What they did","body":"Instead of solely focusing on recovering in-store sales, Starbucks made a bold move to accelerate its digital transformation. They introduced an enhanced mobile app experience, allowing customers to order ahead and pick up their beverages without waiting, while also expanding delivery options through partnerships with Uber Eats."},{"label":"Outcome","title":"The result","body":"By the end of 2020, Starbucks…

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