Performance Highlights • Q4 2014 Company-owned comparable net bakerycafe sales up 3.3% • Q4 2014 Company-owned comparable net bakerycafe transactions up 1.3% • During FY 2014‚ 114 new bakery-cafes opened system-wide Strategic Posture • Mission: “A Loaf of bread in every arm” CORPORATE GOVERNANCE Board of Directors • Seven Members • Three Board Committees Top Management Ronald Shaich Founder‚ Chairman & CEO Blaine Hurst EVP & Chief Transformation and Growth Officer William Moreton CFO Charles Chapman
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bring everyone in the community together; my family has always helped others. All these events have made me who I am today. All the experiences in my life have lead me to be detail oriented‚ punctual‚ and a very hard worker. The environment of Panera bread is amazing and the customers that it attracts are happy and nice. This environment is this way because of the way employees interact with the customers. When I go into work I am happy to be there and ready to help anyone who comes in. I believe
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Advantages and disadvantages of functional structure. These days‚ most large manufacturing organizations have a functional structure. The functional structure describes an organizational structure in which the division of work is paramount. Jobs and activities are grouped together. The structure may be divided is various ways‚ including (among others) production‚ finance‚ marketing‚ sales‚ and personnel or human resources departments. The functional structure has both advantages and disadvantages
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Leadership Team and Board of Directors Panera’s Executive Team is led by Ronald M. Shaich‚ Founder‚ Chairman of the Board and co-CEO and William “Bill” Moreton‚ President and co-CEO. In March 2012‚ to signify their partnership and shared commitment to Panera‚ the company announced that Ron Shaich and Bill Moreton would share the title of CEO. Shaich is directing a range of long term innovation and strategic initiatives for the company. The additional members of Panera’s Leadership Team are: • Charles
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A matrix structure is superior to a functional and a divisional structure. Please‚ comment on this statement. In your answer‚ pay special attention to advantages and disadvantages of each structure and discuss them systematically. "If the body be feeble‚ the mind will not be strong" (Thomas Jefferson‚ 1786). If the foundation something is built upon is weak‚ the whole object will be adversely affected. Likewise‚ in an abstract manner‚ it is with any kind of model or structure. Looking at it from
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Case # 5 Panera Bread Company 1. What is Panera Bread’s strategy? Which of the four generic competitive strategies discussed in Chapter 3 most closely fit the competitive approach that Panera Bread is taking? What specific kind of competitive advantage is Panera Bread trying to achieve? Driving concept: to provide a premium specialty bakery and café experience to urban workers and suburban dwellers. Generic: Broad differentiation strategy. Competitive advantage: striving to build a
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The extent of this report is to analyze Panera Bread Company in terms of sustainability. Content • Introduction • Overview • Sustainability • Conclusion • References Introduction For restaurateurs‚ study results suggest that developing positive indicators of customer behavioral intentions relies not only on the restaurant’s ability to increase customer satisfaction‚ but also to establish a favorable image and perceived value. Hence‚ restaurateurs are keen to strengthen in pursuit
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Benefits & Disadvantages of a Functional Organizational Structure The functional organizational structure groups employees according to broad business activities‚ resulting in departments such as finance‚ marketing and production. These departments might be further divided‚ depending on a company’s size and needs. Departmental managers supervise a wide base of employees below them. These managers are in turn supervised by more-powerful managers‚ who answer to one powerful boss‚ perhaps a CEO
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com/definition/SWOT-analysis.html). Panera Bread Company has become one of the leading companies in the quick casual restaurant market. Strengths The Strengths that Panera Bread Company has are the following: a strong presence in its niche segment‚ a strong relationship with their franchisees‚ they focus on having a specialty bread and robust financial performance. In 2008‚ the company operated in 1‚252 bakery-cafes in 38 American States and Canada. Panera Bread Company’s success relies on the strategy
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systematically contribute to enterprise goals. An organization consists of people whose specialized tasks are coordinated to contribute to the organization’s goals. The usual way of depicting an organization is with an organization chart. It shows the structure of the organization; specifically‚ the title of each manager’s position and‚ by means of connecting lines‚ who is accountable to whom and who is in charge of what area. The organization chart also shows the chain of command (sometimes called the
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