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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9/17/2013 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
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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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Panera Bread Company Case * Student: -Miguel Etchebarne 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 of competitive advantage is Panera Bread trying to achieve? -Panera strategy was to make great bread broadly available to consumers across the United States. They have an attractive menu and the dinning ambience of his bakery-cafés
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Panera Bread Company Mgt# 495 - CMU Contents Introduction All companies must have a strategic plan. How well the strategy succeeds is based on the competitive strategy plan. A competitive strategy is defined as the “specifics of management’s game plan for competing successfully and securing a competitive advantage over rivals in the marketplace.” (Peteraf-Gamble-Thompson‚ 2013). In addition‚ a competitive strategy helps the company provide its position and advantage in
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1. Panera Bread’s strategy is to deliver a high quality dining experience by offering high quality food; an inviting and comfortable atmosphere; sought after menu options; friendly service; efficiently and at an affordable price. Their strategy includes growing the business both organically‚ through encouraging higher frequency of visits from current customers throughout the day‚ as well as growing through the opening of additional franchise bakery-cafes. Panera Bread is trying to achieve
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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: 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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The core technology of Panera Bread would be their process of baking the goods. Panera Bread is primarily known as a fast-casual bakery-café. Therefore‚ the baking process is directly related to the company’s mission of “putting a loaf of bread in every arm” (Panera Cares) The fresh-baked goods are made fresh‚ from scratch‚ and in the store‚ every day by trained bakers. The core technology of Panera Bread would be considered a service for several different reasons. The first reason would be that
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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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