Entrepreneurship: Analysis of Eagle Boys Pizza Case Study
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This report analyses the entrepreneurship and innovation-based activities of Eagle Boys Pizza with the help of a case study. It discusses the theoretical concepts, skills, and qualities related to successful entrepreneurship and the role of innovation in the success of the company.
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Running head: ENTREPRENEURSHIP
ENTREPRENEURSHIP
Name of the Student
Name of the University
Author Note
ENTREPRENEURSHIP
Name of the Student
Name of the University
Author Note
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1ENTREPRENEURSHIP
Executive Summary
The report is based on the analysis of the case study related to the operating processes of
Eagle Boys Pizza. The main innovation and entrepreneurship based activities of the company
have been analysed with the help of the case study. The major parts of discussion which have
been made in the report include, different concepts related entrepreneurship which have been
depicted in the case study. The knowledge and skills which are important for
entrepreneurship have been analysed in the report. The ways by which innovation and
entrepreneurship are able to contribute to the success of Eagle Boys Pizza have been
discussed in the report. The report has been concluded by stating that the Eagle Boys has
been able to gain immense success in the fast food industry with the help of innovation
activities.
Executive Summary
The report is based on the analysis of the case study related to the operating processes of
Eagle Boys Pizza. The main innovation and entrepreneurship based activities of the company
have been analysed with the help of the case study. The major parts of discussion which have
been made in the report include, different concepts related entrepreneurship which have been
depicted in the case study. The knowledge and skills which are important for
entrepreneurship have been analysed in the report. The ways by which innovation and
entrepreneurship are able to contribute to the success of Eagle Boys Pizza have been
discussed in the report. The report has been concluded by stating that the Eagle Boys has
been able to gain immense success in the fast food industry with the help of innovation
activities.
2ENTREPRENEURSHIP
Table of Contents
Introduction....................................................................................................................3
Identification of theoretical concepts that are relevant to issues discussed in case study
....................................................................................................................................................3
Demonstration of the understanding of knowledge, skills and qualities related to
successful entrepreneurship.......................................................................................................4
Qualities need to be possessed by entrepreneurs.......................................................4
Skills, qualities and knowledge of CEO of Eagle Boys.............................................5
Factors that led to the success of Eagle Boys............................................................5
Debate related to the role of innovation and entrepreneurship related to issues
discussed in the case...................................................................................................................5
Contribution of innovation and entrepreneurship to success of Eagle Boys.............5
Necessity levels of innovation and entrepreneurship for business managers............6
Other factors which contributed to success of Eagle Boys........................................6
Different approach which could have been taken by Eagle Boys..............................6
Conclusion......................................................................................................................6
References......................................................................................................................8
Table of Contents
Introduction....................................................................................................................3
Identification of theoretical concepts that are relevant to issues discussed in case study
....................................................................................................................................................3
Demonstration of the understanding of knowledge, skills and qualities related to
successful entrepreneurship.......................................................................................................4
Qualities need to be possessed by entrepreneurs.......................................................4
Skills, qualities and knowledge of CEO of Eagle Boys.............................................5
Factors that led to the success of Eagle Boys............................................................5
Debate related to the role of innovation and entrepreneurship related to issues
discussed in the case...................................................................................................................5
Contribution of innovation and entrepreneurship to success of Eagle Boys.............5
Necessity levels of innovation and entrepreneurship for business managers............6
Other factors which contributed to success of Eagle Boys........................................6
Different approach which could have been taken by Eagle Boys..............................6
Conclusion......................................................................................................................6
References......................................................................................................................8
3ENTREPRENEURSHIP
Introduction
Eagle Boys Pizza was established in the year 1987 under the name of Dial-a-Pizza
Australia Pty. Ltd. which was located in Albury, New South Wales. The CEO of the
company Tom Potter was further able to take the company to a whole new level with the help
of unusual type of marketing and business based tactics. The single store of the company was
further taken up to a level of one of the biggest pizza based restaurant chain in entire
Australia and New Zealand (Wipo.int, 2018).
The main aim of the report is based on the ways by which the company has been able
to grow in the fast food industry with the help of unique market research based activities
performed by the CEO.
Identification of theoretical concepts that are relevant to issues discussed in case study
The major concept which has been implemented by the CEO of Eagle Boys is based
on the high rates of research and development which have been made by him. The
experience which he had in bakery was an important factor that had been helpful for him. The
idea which was implemented by Mr. Potter is based on development if drive-thru pizza based
store in the year 1999. The increased competition levels were faced by the company with the
help of differentiation of products that are offered to consumers (Galindo & Méndez, 2014).
Innovation is another major concept which has been implemented by Mr. Potter in
the operations of Eagle Boys. The company had followed the process of continuous
innovation which led to implementation of new processes in an effective way. The two pizza
delivery box was a major innovation which was implemented by the CEO.
Introduction
Eagle Boys Pizza was established in the year 1987 under the name of Dial-a-Pizza
Australia Pty. Ltd. which was located in Albury, New South Wales. The CEO of the
company Tom Potter was further able to take the company to a whole new level with the help
of unusual type of marketing and business based tactics. The single store of the company was
further taken up to a level of one of the biggest pizza based restaurant chain in entire
Australia and New Zealand (Wipo.int, 2018).
The main aim of the report is based on the ways by which the company has been able
to grow in the fast food industry with the help of unique market research based activities
performed by the CEO.
Identification of theoretical concepts that are relevant to issues discussed in case study
The major concept which has been implemented by the CEO of Eagle Boys is based
on the high rates of research and development which have been made by him. The
experience which he had in bakery was an important factor that had been helpful for him. The
idea which was implemented by Mr. Potter is based on development if drive-thru pizza based
store in the year 1999. The increased competition levels were faced by the company with the
help of differentiation of products that are offered to consumers (Galindo & Méndez, 2014).
Innovation is another major concept which has been implemented by Mr. Potter in
the operations of Eagle Boys. The company had followed the process of continuous
innovation which led to implementation of new processes in an effective way. The two pizza
delivery box was a major innovation which was implemented by the CEO.
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4ENTREPRENEURSHIP
Branding is considered to be a major process which helps in development of the
position of an organization in the industry. The organization has enjoyed high levels of brand
recognition as well as loyalty in Australian food industry. The process of branding was
facilitated in an effective manner with the help of innovative products (Sahut & Peris-Ortiz,
2014).
Intellectual property was also managed by Mr. Potter in an effective way with the
help of secure Intellectual Property based rights. The formal protection of IP rights was able
to provide the company with a tangible resource.
The concept of franchising has been the implemented for the proper expansion based
operations of Eagle Boys. The process of franchising was helpful for the company to increase
its presence in the fast food based industry of Australia and New Zealand without making
huge amounts of investments. The franchise system which was developed by the company
was highly effective and lucrative in nature (Pitt et al., 2015).
According to Drucker, (2014), the usage of the above discussed concepts have played
a pivotal role in proper expansion of the company in the industry. The success of Eagle Boys
was thereby based on the ways by which these concepts were implemented by the company
in a consistent manner. The research and development based activities which were thereby
performed by the CEO were quite different in nature. The uniqueness of the operating style of
the CEO had been able to play a major role in the massive success of Eagle Boys in the
industry.
Branding is considered to be a major process which helps in development of the
position of an organization in the industry. The organization has enjoyed high levels of brand
recognition as well as loyalty in Australian food industry. The process of branding was
facilitated in an effective manner with the help of innovative products (Sahut & Peris-Ortiz,
2014).
Intellectual property was also managed by Mr. Potter in an effective way with the
help of secure Intellectual Property based rights. The formal protection of IP rights was able
to provide the company with a tangible resource.
The concept of franchising has been the implemented for the proper expansion based
operations of Eagle Boys. The process of franchising was helpful for the company to increase
its presence in the fast food based industry of Australia and New Zealand without making
huge amounts of investments. The franchise system which was developed by the company
was highly effective and lucrative in nature (Pitt et al., 2015).
According to Drucker, (2014), the usage of the above discussed concepts have played
a pivotal role in proper expansion of the company in the industry. The success of Eagle Boys
was thereby based on the ways by which these concepts were implemented by the company
in a consistent manner. The research and development based activities which were thereby
performed by the CEO were quite different in nature. The uniqueness of the operating style of
the CEO had been able to play a major role in the massive success of Eagle Boys in the
industry.
5ENTREPRENEURSHIP
Demonstration of the understanding of knowledge, skills and qualities related to
successful entrepreneurship
Qualities need to be possessed by entrepreneurs
The entrepreneurs need some specific skills and abilities which can be helpful for
proper development of position of their organization in the industry. The ten major qualities
that need to be gained by successful entrepreneurs include, discipline, open mindedness,
confidence, competitiveness, self-starter, determination, creativity, strong people based skills.
Skills, qualities and knowledge of CEO of Eagle Boys
The CEO of Eagle Boys Mr. Potter had been able to develop a unique position of the
company in the fast food industry with the help of effective research and development related
activities. The ideas which were implemented in the business were highly innovative in
nature and the company had been able to differentiate its operations from other organizations
in the fast food industry. The innovativeness and open-minded nature of Mr. Potter was an
important characteristics based innovation related qualities of the CEO (Eftekhari & Bogers,
2015). The CEO had the competitiveness which led to the increase of number of stores in
Australia and New Zealand with the help of franchise based process.
Factors that led to the success of Eagle Boys
The unique types of products and the business models had been the most important
part of the success which was gained by Eagle Boys in the industry. The business models
which have been used by the organization are unique and have been able to provide the
organization with a different position. The breakthrough innovation based technology which
has been implemented by the company is “drive-thru pizza”. The company has also aimed at
providing prompt response to needs to consumers. The trends in the market were also
followed by the company in an effective manner.
Demonstration of the understanding of knowledge, skills and qualities related to
successful entrepreneurship
Qualities need to be possessed by entrepreneurs
The entrepreneurs need some specific skills and abilities which can be helpful for
proper development of position of their organization in the industry. The ten major qualities
that need to be gained by successful entrepreneurs include, discipline, open mindedness,
confidence, competitiveness, self-starter, determination, creativity, strong people based skills.
Skills, qualities and knowledge of CEO of Eagle Boys
The CEO of Eagle Boys Mr. Potter had been able to develop a unique position of the
company in the fast food industry with the help of effective research and development related
activities. The ideas which were implemented in the business were highly innovative in
nature and the company had been able to differentiate its operations from other organizations
in the fast food industry. The innovativeness and open-minded nature of Mr. Potter was an
important characteristics based innovation related qualities of the CEO (Eftekhari & Bogers,
2015). The CEO had the competitiveness which led to the increase of number of stores in
Australia and New Zealand with the help of franchise based process.
Factors that led to the success of Eagle Boys
The unique types of products and the business models had been the most important
part of the success which was gained by Eagle Boys in the industry. The business models
which have been used by the organization are unique and have been able to provide the
organization with a different position. The breakthrough innovation based technology which
has been implemented by the company is “drive-thru pizza”. The company has also aimed at
providing prompt response to needs to consumers. The trends in the market were also
followed by the company in an effective manner.
6ENTREPRENEURSHIP
Debate related to the role of innovation and entrepreneurship related to issues discussed
in the case
Contribution of innovation and entrepreneurship to success of Eagle Boys
As discussed by Garud, Gehman and Tharchen (2018), innovation has played a key
role in the process of development of Eagle Boys Pizza in the fast food based industry. The
organization had implemented the process of continuous innovation in the products, services
and business models. Innovation had supported the levels of profitability which have been
gained by the company in fast food industry of Australia. A major innovation which had
differentiated Eagle Boys from other companies was the “two-tier pizza box”.
Entrepreneurship based qualities of the CEO was also an important factor which led to the
success of Eagle Boys in the fast food industry (Link, 2017).
Necessity levels of innovation and entrepreneurship for business managers
Entrepreneurship and innovation is highly important for the development of modern
organizations in the fast food industry. The modern business managers and their innovative
capabilities are important for effective development of the organizations. However, these two
factors are not the only important qualities required by the managers. The leadership based
capabilities of the managers are also important for proper development of organizations
(Karlsson & Warda, 2014).
Other factors which contributed to success of Eagle Boys
The other major factors which have contributed to the success of Eagle Boys include,
the branding of the company and levels of loyalty. The proper management of intellectual
property have contributed to success of the company. Another major factor which had
affected the operations of Eagle Boys are the franchise based activities of the company
(Wipo.int, 2018).
Debate related to the role of innovation and entrepreneurship related to issues discussed
in the case
Contribution of innovation and entrepreneurship to success of Eagle Boys
As discussed by Garud, Gehman and Tharchen (2018), innovation has played a key
role in the process of development of Eagle Boys Pizza in the fast food based industry. The
organization had implemented the process of continuous innovation in the products, services
and business models. Innovation had supported the levels of profitability which have been
gained by the company in fast food industry of Australia. A major innovation which had
differentiated Eagle Boys from other companies was the “two-tier pizza box”.
Entrepreneurship based qualities of the CEO was also an important factor which led to the
success of Eagle Boys in the fast food industry (Link, 2017).
Necessity levels of innovation and entrepreneurship for business managers
Entrepreneurship and innovation is highly important for the development of modern
organizations in the fast food industry. The modern business managers and their innovative
capabilities are important for effective development of the organizations. However, these two
factors are not the only important qualities required by the managers. The leadership based
capabilities of the managers are also important for proper development of organizations
(Karlsson & Warda, 2014).
Other factors which contributed to success of Eagle Boys
The other major factors which have contributed to the success of Eagle Boys include,
the branding of the company and levels of loyalty. The proper management of intellectual
property have contributed to success of the company. Another major factor which had
affected the operations of Eagle Boys are the franchise based activities of the company
(Wipo.int, 2018).
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7ENTREPRENEURSHIP
Different approach which could have been taken by Eagle Boys
A different approach which can be taken by the company is based on expanding the
reach of the products of Eagle Boys with the help of digital technologies. The company can
think of developing the e-commerce platform in order reach a larger group of customers
(Matthews & Brueggemann, 2015).
Conclusion
The report can be concluded by stating that the development of position of Eagle
Boys in the fast food industry has been possible with the help of innovation and
entrepreneurship based activities of the CEO. Mr. Potter has been able to take the company to
one of the greatest fast food chains in the world. The unique marketing based tactics of the
CEO and unique business model have been major factors which have contributed to success
of the company.
Different approach which could have been taken by Eagle Boys
A different approach which can be taken by the company is based on expanding the
reach of the products of Eagle Boys with the help of digital technologies. The company can
think of developing the e-commerce platform in order reach a larger group of customers
(Matthews & Brueggemann, 2015).
Conclusion
The report can be concluded by stating that the development of position of Eagle
Boys in the fast food industry has been possible with the help of innovation and
entrepreneurship based activities of the CEO. Mr. Potter has been able to take the company to
one of the greatest fast food chains in the world. The unique marketing based tactics of the
CEO and unique business model have been major factors which have contributed to success
of the company.
8ENTREPRENEURSHIP
References
Drucker, P. (2014). Innovation and entrepreneurship. Routledge.
Eftekhari, N., & Bogers, M. (2015). Open for entrepreneurship: how open innovation can
foster new venture creation. Creativity and Innovation Management, 24(4), 574-584.
Galindo, M. Á., & Méndez, M. T. (2014). Entrepreneurship, economic growth, and
innovation: Are feedback effects at work?. Journal of Business Research, 67(5), 825-
829.
Garud, R., Gehman, J., & Tharchen, T. (2018). Performativity as ongoing journeys:
Implications for strategy, entrepreneurship, and innovation. Long Range
Planning, 51(3), 500-509.
Karlsson, C., & Warda, P. (2014). Entrepreneurship and innovation networks. Small Business
Economics, 43(2), 393-398.
Link, A. N. (2017). Ideation, entrepreneurship, and innovation. Small Business
Economics, 48(2), 279-285.
Matthews, C. H., & Brueggemann, R. (2015). Innovation and entrepreneurship: A
competency framework. Routledge.
Pitt, L., Berthon, P., Robson, M., & Prendegast, G. (2015). Does Corporate Entrepreneurship
Influence Innovation in Service Firms?. In Proceedings of the 1997 World Marketing
Congress (pp. 639-645). Springer, Cham.
Sahut, J. M., & Peris-Ortiz, M. (2014). Small business, innovation, and
entrepreneurship. Small Business Economics, 42(4), 663-668.
References
Drucker, P. (2014). Innovation and entrepreneurship. Routledge.
Eftekhari, N., & Bogers, M. (2015). Open for entrepreneurship: how open innovation can
foster new venture creation. Creativity and Innovation Management, 24(4), 574-584.
Galindo, M. Á., & Méndez, M. T. (2014). Entrepreneurship, economic growth, and
innovation: Are feedback effects at work?. Journal of Business Research, 67(5), 825-
829.
Garud, R., Gehman, J., & Tharchen, T. (2018). Performativity as ongoing journeys:
Implications for strategy, entrepreneurship, and innovation. Long Range
Planning, 51(3), 500-509.
Karlsson, C., & Warda, P. (2014). Entrepreneurship and innovation networks. Small Business
Economics, 43(2), 393-398.
Link, A. N. (2017). Ideation, entrepreneurship, and innovation. Small Business
Economics, 48(2), 279-285.
Matthews, C. H., & Brueggemann, R. (2015). Innovation and entrepreneurship: A
competency framework. Routledge.
Pitt, L., Berthon, P., Robson, M., & Prendegast, G. (2015). Does Corporate Entrepreneurship
Influence Innovation in Service Firms?. In Proceedings of the 1997 World Marketing
Congress (pp. 639-645). Springer, Cham.
Sahut, J. M., & Peris-Ortiz, M. (2014). Small business, innovation, and
entrepreneurship. Small Business Economics, 42(4), 663-668.
9ENTREPRENEURSHIP
Wipo.int (2018). A Glowing Delivery. [online] Wipo.int. Available at:
http://www.wipo.int/ipadvantage/en/details.jsp?id=2690 [Accessed 3 Oct. 2018].
Wipo.int (2018). A Glowing Delivery. [online] Wipo.int. Available at:
http://www.wipo.int/ipadvantage/en/details.jsp?id=2690 [Accessed 3 Oct. 2018].
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