Panera Bread Essay

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Panera Bread Case Study (Part One) Mission, Vision, and Values Panera Bread’s mission statement, “A loaf of bread in every arm,” is catchy and easily remembered, which are two of the main defining features of a slogan, not a mission statement. The role of a company mission statement is to describe the enterprises present vision and purpose by answering the questions “who we are, what we do, and why we are here,” the Panera Bread’s mission statement is definitely lacking. Because of the narrow focus the mission statement falls short in its ability to guide employees at any level in their daily operations, interactions, and decision making. Panera Bread does not provide consumers with a defined vision either, but it does provide readers with a bread leadership goal that mentions, “With the single goal of making great bread broadly available to consumers across America, Panera Bread freshly bakes more bread each day than any bakery-café concept in the country.” The company fails to produce both a vision and mission statement that appeals to the overall philosophy, experience or purpose of the company. Panera Bread has achieved many great things as a company and for the community with their charity work, and this should be mentioned in the vision statement. Their mission statement needs to focus on their current goals of growth and profitability. Strategic and Financial Objectives According to the case, management’s long-term objective and strategic intent was to make Panera Bread a nationally recognized brand name and to be the dominant restaurant operator in upscale, quick-service dining. Panera’s growth strategy was to capitalize on their market potential by opening both company-owned and franchised Panera Bread locations as fast was prudent, and to continue doing so throughout the recession. Competition Panera Bread’s menu, store design and ambiance, and unit

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