The Higher Ground Life--When Giants Stumble
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The Higher Ground Life--When Giants Stumble
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About this listen
The Starbucks Trust Crisis and What It Means for Your Business"
In this powerful wake-up call episode, host Mike Weisman breaks down Starbucks’ stunning decline—six straight quarters of falling sales, hundreds of store closures, and a broken customer bond—and reveals the real culprit: eroded trust.
Using The Higher Ground Life’s 5Cs of Trust framework (Competence, Consistency, Candor, Concern, and Connection), Mike shows exactly where the world’s most iconic coffee brand lost its way: from chasing efficiency at the expense of the “third place” soul, to inconsistent quality, cold store designs, and a perceived lack of care for customers and baristas.
Yet there’s hope—new CEO Brian Niccol’s “Back to Starbucks” plan is bringing back seating, ceramic mugs, handwritten names, and proper staffing, delivering the company’s first sales growth in nearly two years.
This isn’t just a Starbucks story. It’s a cautionary tale for every business leader. If a $100 billion giant can stumble this badly, no one is immune. Mike ends with hard-hitting questions to help you audit your own trust levels before it’s too late.
A must-listen for anyone who refuses to let efficiency kill the soul of their brand.