ABDM3313 ENTREPRENEURSHIP Case 5.1 Panera Bread: Occupying a favorable position in a Highly Competitive Industry Program Finance and Investment Tutorial class Group 7 Tutor’s name Mr. Tang Jut Weng Date of Submission 8th March 2013 Student’s Name ID Number 1. Chan Shi Yoon 11WBD04413 Q1. How has Panera Bread established a unique position in the restaurant industry? How has this unique position contributed to the firm’s success? Do you think Panera Bread will reach its goal of becoming a leading
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chain is moving forward in a very positive direction. St. Louisbased Panera Bread Company‚ a chain of specialty bakery-cafés‚ has grown from 602 company owned and franchised units in 2003 to over 877 today. In 2005 alone‚ its sales increased by 33.6% and its net income increased by 35.2%. So what’s Panera’s secret? How is it that this company flourishes while its industry as a whole is experiencing difficulty? As we’ll see‚ Panera Bread’s success can be explained in two words: positioning and execution
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Organization and Management of Panera Bread The formation of Panera Bread began in 1978 when Louis Kane bought Au Bon Pain‚ a retail producer of baked goods. Kane changed it to a wholesale business by opening two cafes and staffing them with bakers and employees‚ but high production costs made it impossible to cover his overhead. In 1981 Kane decided to remain responsible for site selection and financing‚ but he chose Robert Shaich to help turn the company around as President of internal operations
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maybe know more or less about Panera Bread‚ enlarge the market that help company improve their brand awareness‚ also can improve profits. Panera Bread need inspect the low penetration markets cities or pilot project. Open new stores at untapped markets. Like New York City‚ New Orleans and Toronto. As a franchise restaurant‚ Panera Bread need open new market to attract people come the restaurant‚ Panera Bread need open new one at a big city like New York. Firstly we need do the market research include
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What are the Panera Bread’s primary sources of competitive advantage? In your judgment‚ are these sources of advantages sustainable? Why or why not? Panera’s primary sources of competitive advantage are: (1) the distinctive nature of its bakery products‚ (2) its brand strength‚ (3) the atmosphere of its restaurants‚ and (4). its position in the restaurant industry Yes‚Panera Bread Co. (NASDAQ: PNRA) operates the signature restaurant chain Panera Bread‚ selling hand-crafted breads‚ sandwiches‚ salads
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Penn State Erie - The Behrend College Case 2: Panera Bread Company KAILEY JOYCE 2/27/2012 1. An analysis of Panera Bread Company’s financial situation shows some financial pros and cons for potential inventors. The company has reported increasing sales as well as net income since 2002. Panera Bread Company has also reported increasing earnings per share every year which is an attractive statistic for investors. The company has consistently proven that they can make money. Figure 1
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behind Panera Bread is to provide a premium specialty bakery and café experience to urban workers and suburban dwellers. Panera Bread’s distinctive menu‚ signature café design‚ inviting ambience‚ operating systems and unit location strategy allowed it to compete successfully in five submarkets of the food away from home industry: breakfast‚ lunch‚ daytime “chill out”‚ light evening eat in or take out‚ and take home bread. In his letter to shareholders‚ in the company’s 2005 annual report‚ Panera chairman
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The analysis of Panera Bread Company will focus on the demographic and sociocultural aspect of its general environment. Overall assessment of the industry environment will be specific to threat of new entrants and the rivalry among competing firms. Internal assessment will be based on – its resources/capabilities‚ core competences as a source of competitive advantage‚ weaknesses/competitive deficiencies‚ firm performance‚ business level strategy and corporate level strategy. General Environment
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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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