The speaker reflects on their successful experience of selling Panera for $7 billion and the subsequent application of similar strategies to identify future-oriented categories with growth potential, such as Mediterranean, positive eating, immersive entertainment, and third wave bakery cafe. By focusing on transformation and building dominant brands in these categories, the speaker emphasizes the importance of continuously evolving and adapting to market trends for long-term success.
Ron Shaich, former CEO of Panera Bread and Au Bon Pain, discusses his book Know What Matters: Lessons from a Lifetime of Transformations.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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