June 23, 2012
Despite strong competition from the likes of Green Mountain Coffee Roasters and McDonald's, Starbucks has managed to succeed year after year. Best-selling author Jason Jennings' latest book is The Reinventors: How Extraordinary Companies Pursue Radical Continuous Change. In this audio segment, he shares one of the keys to Starbucks' success and discusses why he believes Hewlett-Packard CEO Meg Whitman's attempts to mirror Starbucks' success are misguided.
Despite the potential for rising costs, Starbucks has been able to expand into and eventually dominate emerging markets. The Motley Fool highlights several other companies that are doing just that in a brand-new free report, "3 American Companies Set to Dominate the World". You can get instant access to the names of these companies simply by clicking here -- it's free.