Final answer:
Starbucks's focus in employee management includes workplace culture and equal opportunity, while its training programs aim to improve skills and job satisfaction. In real estate, strategic location sourcing is critical for maximizing profitability and brand visibility.
Step-by-step explanation:
The areas of focus for Starbucks's employee management, training, and real estate encompass several key elements within the broader context of Institutional & Corporate Management. For Employee Management, Starbucks emphasizes Workplace Culture, Equal Opportunity Programs, performance evaluations, and Security Management & Safeguards. These efforts are designed to create a positive and safe environment for employees, promoting efficiency and job satisfaction.
Regarding Training, Starbucks is committed to providing comprehensive training programs that support the development of its employees. A 2003 study highlighted by Arthur et al. has shown the effectiveness of various training methods. Starbucks may use diverse forms including self-instruction and computer-assisted training to enhance employee skills, ensure excellent customer service, and ultimately contribute to improved productivity and profits.
When it comes to Real Estate, Starbucks's focus is strategic location sourcing to maximize customer foot traffic and brand visibility. The choice of where to open a new store involves careful consideration of demographics, market saturation, and profitability potential, ensuring the long-term success of each location and the brand as a whole.