Strategic Business Plan STRATEGIC HOSPITALITY MANAGEMENT CHN - International Hospitality & Office Management Leeuwarden The Netherlands Submitted in partial fulfillment of the requirements of the degree of Bachelor of Science (Hotel Administration) January‚ 2010 Table of Content 1. Executive summary 4 2. Introduction 5 3. Description of the Panera Bread company 6 4. Strategies being pursued by the company 10 5. Future trends
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Synoposis Panera Bread Company is a highly successful fast casual restaurant that has grown drastically even despite the market down trend. One of its best assets is CEO and Chairman‚ Ronald Shaich‚ whose radical and innovative ideas have taught the business world many lessons. When the competition was lowering prices to meet the trend of higher unemployment rates and focusing on making their product cheaper‚ Shaich proposed Panera Bread should raise their prices and cater to the 90% of the
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Overview Panera bread is a full service restaurant company founded by Louis Kane and Ron Shaich. In 1981 the duo started a company called Au Bon Pain Co‚ Inc which marked the beginning of their legacy. The company gained prominence in the late 1980’s and early 1990’s and then went on to acquire Saint Louis Bread Company‚ a restaurant chain with almost twenty locations in the St. Louis area (Panera Bread‚ 2014). Their acquisition of the Saint Louis Bread Company in 1993 made them a force to be reckoned
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Panera Bread Case Analysis Michael Gibbons Strategic Management W 7:10 - 10:10 1. Panera Bread’s strategy is to provide a superior product to a diverse customer base. Panera Bread’s concept is “to provide a premium specialty bakery and café experience to urban workers and suburban dwellers.” Their strategy has allowed them to provide an alternative meal to fast food restaurants. Analyzing Chapter Five’s generic competitive strategies the most closely fit competitive approach that Panera Bread
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Topic: Panera Bread Company Case Study An analysis of Panera Bread Company’s business strategies was requested. I have evaluated Panera’s performance in regards to their competitive position in the food industry‚ as well as‚ their internal characteristics. My thorough assessment follows the restated question. 1. What is Panera Bread’s strategy? Which of the five generic competitive strategies discussed in Chapter 5 most closely fit the competitive approach that Panera Bread is taking? What type
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Panera Bread is considered as the best bread bakers in North America. The company had a corporate value of $2.4 billion. There are more than 2000 stores in 36 different districts. However‚ the financial data reveals that the company is not growing at an expected rate of 19.9% which means that company is facing a decline in the financial segment. (Thompson‚ 2014) In this concern‚ the presented paper based on the case study of Panera Bread will reveal the strategic plans of the company and will recommend
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Panera Bread XXXXXXXX Stevens-Henager College Management Principles XXXXX Do you want a café in your community that genuinely cares about the people that surrounds their business? If so you would really enjoy Panera Bread in your neighborhood. Panera Bread has established a mission‚ vision and goals for their well-founded business. Panera is part of a movement that strives toward healthier living and eating. Panera has a commitment to their communities that they take very seriously;
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Panera Bread: A Case Study Misti Walker Panera Bread: A Case Study 1 Strategy Panera Bread’s strategy is “to provide a premium specialty bakery and café experience to urban workers and suburban dwellers.” This strategy is most closely aligned with a broad differentiation strategy‚ or being unique in ways that a broad range of consumers find appealing. Prior to taking the Panera concept nationwide‚ the owners performed cross-country market research and concluded that consumers could get excited
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Assignment #3 Panera Bread – Company’s Assessment November 9‚ 2014 INDUSTRY - RESTAURANT INDUSTRY (QUICK SERVICE RESTAURANTS) Muhammad S. Khan (500335915) Yafit Shimoni (500163226) Andrea Stefekova (500170337) Susan Tokhi (500456375) Sushant Rampal (500530630) Ileana Murray (969002450) Introduction The restaurant industry in the U.S. is robust with sales revenue expected to reach $632 billion in 2012‚ with 970‚000 dining establishments. Participants differentiate themselves in the areas of pricing
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1. What is Panera Bread’s strategy? Which of the competitive strategies discussed in Chapter 1 most closely fit the competitive approach that Panera Bread is taking? What type of competitive advantage is Panera Bread trying to achieve? Being a nationally recognized brand and a dominant in restaurant operations in the specialty bakery café segment and to expand broadly in the regional market is Panera’s strategy. And by giving high quality product Panera is following their strategy. Panera’s Competitive
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