Strategic Management Case Study for Iggy’s Bread of the World

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1.) Igor and Ludmilla Ivanovic tried to bring a social consciousness mentality to their for-profit enterprise. Describe how their mission statement and business model is perhaps different from that of a regular bakery.
Ludmilla Ivanovic attempted to summarize her husband’s personal philosophy towards baking by creating the company Mission Statement for Iggy’s Bread of the World. This Mission Statement promises that Igor and Ludmilla will “make breads of the highest quality and then deliver them daily to our customers with the highest standards of service and integrity … (while also) creating a nurturing and respectful environment at our workplace that fosters cooperation, communication and a sense of accomplishment for all employees.” By trying to introduce their business model with a socially conscious platform, however, the Ivanovics have differentiated themselves from the competition posed by traditional bakeries. Igor’s unhesitant refusal to use non-organic ingredients in his recipes; despite the significant savings this would bring to the bakery’s bottom line, is a strategic...

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