...Indian Institute of Management Indore Report on “Iggy’s Bread of the World” Submitted to PROF. Shweta Kushal On 07/02/2014 Pallavi Gupta (2013PGP267) Letter of Transmittal Igor Ivanovic, Chief Executive Officer Iggy’s Bread of the World 2nd March, 2014 Dear Mr.Igor Enclosed is the report on “Iggy’s Bread of the World” as required by your company. I have mentioned and analyzed various options based on certain important criteria and have suggested a suitable recommendation. The analysis and the recommendation are in the following pages. For any further clarification, I would be available at my official IIM Indore Email ID. Sincerely, Pallavi Gupta Consultant Executive Summary This report is presented to help Ivanovics decide on the further course of action for Iggy’s Bread of the World. The report first analyses the conflict between Ivanovics and McRae and the difference in their working style. Secondly it also looks into the importance of McRae to the organization and also the feasibility of McRae’s demand for a hike in compensation The report looks into the alternative course of actions that Ivanovics can take, analyses the pros and cons of each action and finally come up with a course of action. Finally it concludes with recommending that McRae should be fired, Ivanovics should hire a HR consultant to hire a new management to replace the existing one. Table of Contents S No | Content | Page No. | 1 | Executive...
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...Iggy’s Bread of the World Case Analysis Prepared by: Yendava Mounica of Section C 2013PGP457 Indian Institute of Management Indore March 2014 03rd March, 2014 Igor Ivanovic Chief Executive Officer Iggy’s Bread of the World Cambridge, United States Dear Mr. Ivanovic, This is with reference to our discussion about the current situation you are facing. We have thoroughly analyzed the situation as per our discussions on 17th and 25th of February, 2014. Based on a critical analysis of the options available, we have presented our recommendation. I hope you find the report to be satisfactory. You may contact me for further discussion and clarification on the same. Sincerely, Yendava Mounica p13yendavam@iimidr.ac.in Executive Summary Igor Ivanovic – founder of the Iggy’s Bread of the world decided to expand their business operations to meet the increasing demand from the clients. Mr. Ivanovic and his wife hired Matthew McRae as an onsite consultant to help them with the financial and administrative sides of the business. Matthew began to assemble his management team. Ivanovics worried that the changes were happening too quickly and that Matthew was not giving himself time to get accustomed to Iggy’s before hiring new people. The Ivanovics were also losing touch with the organization and there was growing discontent amongst the employees with Matthew management style. Matthew offered his resignation and took it back and asked for a pay raise. Possible...
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...decision will weaken their influence on the company, they seem to have not expected that this will threaten Iggy’s most basic mission. According to the case study text, “many of the employees at Iggy’s perceived the new management team to be too isolated from the operations and culture that were at the heart of the company.” It is surely a prudent decision to hire a COO to handle the big company that has grown too big to control effectively. However, the problem was that Igor and Ludmilla didn’t consider enough which part of the company work to hand over and how this decision will change the company. While the decision to hire a new COO in itself was commendable, the problem lies in the fact that they just had some vague anticipation of hiring an expert and did not take full account of the individual-organizational fit. Overall, the net effect of bringing in McRae as the new COO was negative. McRae, who is highly competitive and profit-oriented, contributed to Igor losing much of his ability to influence the company’s employees and products. The new management team that McRae brought in was distant from the operations and hindered Igor from projecting his ideals to his employees and between each other. They created new management layers and an unrewarding environment that made effective permeation of Iggy’s culture difficult. As a result, the culture that made Iggy’s unique...
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...Iggy’s Bread of the World Case Study Symbolic Assessment Company Human Symbolic Frame Assessment All organizations have some degree of symbolic life with Bolman and Deal referring to this as an organization’s cultural tapestry and state (Bolman and Deal, 2013). Furthermore the symbolic frame, drawing on social and cultural anthropology, treats organizations as temples, theaters, or carnivals (Bolman and Deal, 2013). It abandons assumptions of rationality more prominent in other frames. It sees organizations as cultures, propelled more by rituals, ceremonies, stories, heroes, and myths than by rules, policies, and managerial authority (Bolman and Deal, 2013). Organizations can be viewed as theaters where actors or employees play their roles in the organizational drama while audiences or customers form impressions from what is seen onstage or in business practices (Bolman and Deal, 2013). However, problems arise when actors or employees blow their parts, when symbols lose their meaning, or when ceremonies and rituals lose their effectiveness (Bolman and Deal, 2013.) Iggy and Ludmilla’s bakery established itself as a symbolic organization right away (Grendon and McGinn, 2001). It set a standard of values, attitudes, beliefs, expectations, and organizational norms right away (Grendon and McGinn, 2001). Iggy and Ludmilla established a sense of pride and accomplishment along with personal responsibility for all employees to maintain and...
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...“The development of the Hovis Crusty White Loaf” is a success story of Hovis brand and the British Bakers (BB) company as to how they used the concept of New Product Development (NPD) in gaining competitive advantage and eventually was successful in capturing a large share of market despite of facing a tough competition. Adrian Watt and Stuart Chambers, the writers, have presented the case with further details of various functions performed and taken care of by Cathy- the brand manager of Hovis white bread along with the NPD team of BB Company in developing the new product “Hovis crusty white loaf” and also the issues they dealt during the overall product development process. Hovis is a leading brand with a dominant force in the UK mass-market brand industry. The brand has been successful in the brown bread segment by maintaining a unique position in the minds of consumers as quality and healthy eating. In order to be the best brand in not only brown bread segment but also white bread segment, and also to grow its overall brand share from 12 percent to at least 18 percent of the UK share, Hovis employs a brand manager – Cathy who then with the help of an effective market research and continuous group efforts with the NPD team comes up with a new product strategy to gain a competitive advantage in the product design, with specifications and production techniques that couldn’t be copied easily by the competitors. The case further explains each detailed functions including the market...
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...Oatmeal Cookies: Preheat oven to 350 degrees F (177 degrees C) and line two baking sheets with parchment paper. To toast nuts: Place nuts on a baking sheet and bake for 8-10 minutes or until lightly browned and fragrant. Let cool and then chop into pieces. In the bowl of your electric mixer (or with a hand mixer), beat the butter and sugar until creamy and smooth (about 2 - 3 minutes). Add the egg and vanilla extract and beat to combine. In a separate bowl, whisk together the flour, baking soda, salt, and ground cinnamon. Add the flour mixture to the creamed mixture and beat until incorporated. Stir in the nuts, oats, and dried cranberries or chocolate chips. For large cookies, use 1/4 cup of batter (I like to use an ice cream scoop) and space the cookies about 2 inches (5 cm) apart on the baking sheet. Then wet your hand and flatten the cookies slightly with your fingers so they are about 1/2 inch (1.25 cm) thick. Bake the cookies for about 12 - 15 minutes or until light golden brown around the edges but still soft and a little wet in the centers. Remove from oven and let the cookies cool a few minutes on the baking sheet before transferring them to a wire rack to cool. Makes about 20 - 24 large cookies Oatmeal Cookies: 1 cup (110 grams) walnuts or pecans, toasted and chopped (optional) 3/4 cup (170 grams) unsalted butter, room temperature 1 cup (210 grams) packed light brown sugar 1 large egg 1 teaspoon pure vanilla extract 3/4 cup (105 grams) all purpose...
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...University of Phoenix “Instructions on how to make a P.B. & J. Sandwich” The first step to making a P.B. & J. sandwich would be to purchase the necessary products for the P.B. & J. sandwich which would be: 1 loaf of bread, wheat or white whatever your preference, 1 jar of peanut butter creamy or crunchy whatever your preference, 1 jar of jelly or jam once again whatever your preference, 1 square of paper towel, and 1 knife. First place the paper towel on the table in front of you spread out, secondly you need to open the up the bag of bread by taking off the wire tie off or plastic square pinch thingy that keeps the bread fresh. Thirdly take two pieces of bread out and place them flat next to each other on the paper towel re-close the loaf of bread with either the wire or plastic pinch off thingy. Then open up the jar of peanut butter then gab the knife by the handle as if you were to the peanut butter out of the jar and scoop. Once you have scooped the peanut butter out of the jar then spread it on one of the two pieces of bread that are laid flat on the paper towel; then repeat the same process with the jam or jelly on the opposite bread. The final step is to join the two pieces of breads together on the sides on witch you placed the peanut butter and jelly or jam. It is finally complete in order for you to enjoy the wonderful creation of the P. B. &...
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...Co. purchased the Saint Louis Bread Company also called Panera bread, which was founded by Ken Rosenthal which was renovating its 20 bakery-cafés in the St. Louis area. By the end of 2006 the company operates or franchises 1027 Panera Bread bakery-cafés in 36 states and 17 manufacturing plants to support the bakery-cafés. Now Panera bread is one of the most popular chains of bakery –café restaurants in the United States and Canada selling hand-crafted breads, sandwiches, salads, soups, bakery items, and organic foods also some locations offer dinner pizzas. Panera Bread bakery-cafes are often associated with the concept of “fast casual”, a mixture between fast food and more up sale casual dining. Its freshly baked artisan breads are famous among the neighborhoods and cities all around the country. The main strategy behind Panera Bread was to create “a premium specialty bakery and café experience to urban workers and suburban dwellers”. Panera Bread’s strategy was and still is to make great bread and to make it broadly available. Part of that strategy is to make their cafés a home away from home, where people are comfortable and relaxed. Besides all that it has huge distinctive offering of menu where people can have whatever they can feel like having like breakfast, lunch and dinner any time of the day. Because of all these varieties its market is growing fastly so the Panera bread management is planning to expand Panera bread by 17 percent from 2007 to2010...
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...Assignment 3 Julia’s food booth A).Formulate and solve a linear programming model for Julia that will help you advise her if she should lease the booth. X1=number of cheese pizza slices X2=number of hot dogs X3=number of BBQ sandwiches Julia Food Booth | | | | | | | | | | | | | | | | Products | Pizza X1 | Hot Dog X2 | Barb Sand X3 | | | | | Profit per unit | $0.75 | $1.05 | $1.35 | Resources | Constraints | | | | Avail | Usage | Left Over | | Budget (i) | $0.75 | $0.45 | $0.90 | 1500 | 1500 | 0 | | Oven Space (ii) | 24 | 16 | 25 | 55,296 | 50000 | 5296 | | Demand (iii) | 1 | -1 | -1 | 0 | -2.3E-13 | 2.27E-13 | | Demand (iv) | 0 | 1 | -2 | 0 | 1250 | -1250 | | | | | | | | | | | | | | | | | | Production | | | | | | | | Pizza | 1250 | | | | | | | Hotdogs | 1250 | | | | | | | Barbecue | 0 | | | | | | | Profit | 2250 | | | | | | | B). If Julia were to borrow money from a friend before the first game to purchase more ingredients, could she increase her profit? If so, how much should she borrow and how much additional profit would she make? What factor constrains her from borrowing even more money than this amount? Yes, Julia could increase her profit if she borrowed from a friend. The shadow price is 1.50 for each additional dollar that she earns. This was found by looking at the sensitivity analysis report from the computer solution output. The shadow...
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...ACKNOWLEDGEMENT This Feasibility Study has taken a lot of hard work from many people. The proponents would like to thank first their family and friends who have inspired them to break boundaries. They love them all so much. Secondly, they want to thank everyone at Caloocan City Business High School for cradling them and giving them the opportunity to experience this. The proponents would also like to thank who has supported them through bad and good, and most of all to those who respected them. The proponents would like to express their warm gratitude to God, in letting them to develop such ideas and great thoughts in establishing this business. The proponents would also like to thank their parents for supporting and allowing them in putting up this business. They’re also thankful to have such an amazing friends who always got their back and of course, to their very energetic Business Education IV Adviser, Mr. Benigno M. Tindogan for sharing them his knowledge to make this feasibility study become possible. INTRODUCTION “A pizza for one is the pizza for all”. The company’s slogan for the betterment of food industry. The “PIZZARAP” has opened to you the chef d’ oeuvres of Food Company. We would like to introduce to you a traditional westernized taste of food yet with Filipino touch. The pizza will stand and compensate the value by its price. The proponents’ goal is to produce pizza that will surely fit your preference, tastes and favourites. This will let the...
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...Monday Breakfast Orange Juice Cream of Wheat Cereal or Scrambled Eggs Bacon Strips Buttered White Toast/Jelly Coffee/Decaf, Milk, Water, Tea Lunch V8 Juice Apple Salad Baked Tilapia or Veggie Wrap Peppered Fries Sugar Snap Peas or Carrot Sticks Wheat Bread /Butter Lemon Italian Ice or Oatmeal Raisin Cookie Coffee/Decaf, Milk, Water, Lemonade, Tea Dinner Grilled Pineapple Chunks Side Salad Spicy Fajita Chicken Breast or Beef Mini Tacos Spanish Rice Corn or Refried Beans Flour Tortilla Vanilla Ice Cream or White Cake Beer, Coffee/Decaf, Water, Soda/Diet Soda, Tea Tuesday Breakfast Fresh Fruit Cup Oatmeal or Hot Ham Slices Egg Patties Dry Wheat Bread Toasted/Jelly Coffee/Decaf, Milk, Water, Tea Lunch Fruit Punch Tomato Basil Soup Grilled Cheese Sandwich or Italian Sausage Sandwich Onion Petals Fresh Asparagus or Orzo Roasted Apple French Bread Sugar Cookies or Double Chocolate Cake Coffee/Decaf, Milk, Water, Lemonade, Tea Dinner Cranberry Juice Vegan Salad Grilled Vegetable Ravioli or Carved Turkey Candied Sweet Potatoes Green Beans or Roasted Corn on the Cob Toasted Sour Dough Bread Frozen Yogurt or Apple Pie Lemonade, Coffee/Decaf, Milk, Water, Soda/Diet Soda, Tea Wednesday Breakfast Fresh Strawberries French Toast Sticks or Omelet Turkey Sausage Plain Bagel/Jelly Coffee/Decaf, Milk, Water, Tea Lunch Apple Sauce Four Bean Salad Ham & Swiss Sandwich or Fruit & Cottage Cheese...
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...Monkey Bread (Janelle Stratton) 3 yeast packets 1 Tbsp salt 1 Cup Sugar 1. Mix these together 4 Cups of Milk 1 Cup Vegetable Oil 2. Heat milk up over the stove until it is room temperature and pour over the dry ingrediants. 3. Add the oil to the mixture and stir. 4. If you are using an industrial mixture, attach your bread hook and gradually stir in approximately 7 1/2 cups of flour. The dough should be slightly sticky. You can add more flour later as you knead your dough. 5. Set dough aside and cover with a cloth and let it rise until it has doubled its size. If you are just making rolls then make balls roughly the size of golf balls in your hands, and put them in the oven to cook for 15-18 minutes @ 350 degress. If you are cooking monkey bread then keep going, you aren’t done yet! 6. Make the coating mixture Coating…. 1 stick butter (melted) 2 tsp ground cinnamon ¾ 3/4 cup brown sugar 7. Make small balls out of the dough (roughly the size of a golf ball in your hands) and coat them with the mixture of butter, cinnamon, and brown sugar. Make sure they are liberally coated. The more the better. If you run out, just make some more. 8. In a bundt pan, coat the shortening or spray liberally. Place the coated dough balls in the pan and stack them tightly against each other until you fill the entire pan. 9. Make the glaze mixture. Glaze…. 1/3 cup brown sugar 2 Tbsp unsalted butter 2 Tbsp Heavy Cream 10. Pour the Glaze Mixture...
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... Add in a dash of sea salt for taste. 11. Add in the garlic (optional). 12. Add in some olives. 13. Turn on the blender for a while. 14. The thickness of the soup is optional, depends on how long the blending process is. 15. Pour the soup in a bowl. 16. For serving, add some carrot shaving or some coconut chopped up (optional). 17. Ready to be served. | | | | | VEGETARIANISM : THE NOBLE WAY OF LIVING | | | | | | Cooking with Seventh-day Adventist, Raymond Ruckle - P1/2 Home Baked Whole Wheat Bread & Sunflower Seed Vegan Sour Cream, P2/2 Hearty Black Bean Soup | | | | (For all ingredients, please use organic versions if available) Whole Wheat Bread 2½ teaspoons yeast 1⅓ cup soy milk (original, unsweetened) 1 heaping teaspoon sea salt 2½ tablespoons brown sugar 1 tablespoon olive oil 1½ teaspoon granulated soy lecithin ¼ teaspoon powdered ascorbic acid 1¼ cups white bread flour 1 tablespoon gluten flour 2 cups whole wheat flour Sunflower Seed Vegan Sour Cream ½ cup raw sunflower seeds ½ cup warm, cooked brown rice ¾ cup filtered water ¼ teaspoon dill 1 teaspoon sea salt 1½ teaspoons onion powder ½ teaspoon garlic powder ⅓ cup lemon juice Black Bean Soup 6 cups...
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...As a child there are memories that stick to you. Unfortunately most of them involve some form of pain, and usually they happen over summer-break. Summer-break in 1992 started off just like the previous two. Over my vacations I would get dropped off over my grandmother’s house in Long Beach California while my dad went to work. Throughout the school year I would usually only visit her home once a week, which wasn’t a bad thing. My grandmother’s house was the stereotypical old folk’s home. The house was dark, gloomy, and boring as all get out. The house also had an absurd amount of plants throughout the dark hallways and bathrooms. She didn’t even have cable! Everyday was the same routine at granny’s. My father would drop me off at exactly 7am, just in time for her world class breakfast of grits, bacon, eggs and toast. I absolutely hated grits, but I could not leave the table until I finished them all. My grandmother was a traditional Southern woman being raised in Shreveport, LA. I didn’t know much about Shreveport, I only remembered the stories she would share with me. She once told me that her house was the only house for miles and that nighttime outside was pitch dark. She stood about 5’5” tall and she always wore her reading glasses and wigs. I can recall walking in to her room one day to find her not wearing her wig. It scared me so bad as a 10 year old that I literally thought someone had broken in the house. However one morning I arrived to my grandmother’s...
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...Monica Goff Topic: How to make Oatmeal Cookies General Purpose: Is to inform audience how to make oatmeal cookies. Introduction: A dying man smells his favorite oatmeal raisin cookies cooking downstairs. It takes all the strength he has left but he gets up from the bed and crawls down the stairs. He sees the cookies cooling on the counter and staggers over to them. As he reaches for one, his wife's wrinkled hand reaches out, smacks his and she yells: "No, you can't have those! They are for the funeral!" Body of Speech * Walking into Grandma's house just as she is taking fresh baked oatmeal and raisin cookies out of the oven is a memory that is cemented forever. What a wonderful gift! * Oatcakes originated in Scotland and were popular all over the British Isles. The cakes popped into the scene right around the time the Scottish began harvesting oatmeal which was around 1000 BC. Originally the cakes were a staple food more like a pancake than a cookie. The Oatmeal Raisin cake did not officially morph into an actual cookie until about the 19th century when Oatmeal had become a more popular cooking ingredient world-wide. * The very first known record of the Oatmeal Raisin Cookie recipe was found in the Boston Cooking-School Cook Book and was written by Fannie Merritt Farmer in 1896. The Oatmeal Raisin cookie quickly grew in popularity due to it being called a health food. Demonstration: 1 cup of brown sugar ½ cup of sugar ¾ cup of vegetable oil ¼ cup of water ...
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