On Tuesday, April 19, President Wu, Professors Dang Tran, Bill Chen, and Murray Johannsen along with 12 students visited our neighbor – Panda Restaurant Group, Inc.
Co-founder, co-Chair/CEO of Panda, Dr. Peggy Cherng warmly received us. Dr. Cherng introduced Panda’s latest developments and its success. Panda currently has about 1,400 stores/ branches. It is one of the fastest growing fast-food companies in the US. The company’s annual revenues were more than $1.2 billion in 2010. Even under the difficult economic/business conditions in the past years, the company still has been doing business very well.
The company’s great success and stable growth come from its unique values/cultures, clear and good vision/strategy, strong and compassion leadership, and dedicated employees. Panda’s values are PRGGG:
We identify opportunities for growth and lead others to create the future we envision.
Respect / Win-Win
We treat each other with respect and seek “win-win” relationships with Guests, business partners and our communities.
For Panda to grow, we must each learn and grow. We are humble and open to new ideas as our world is constantly changing.
Great operations is a competitive advantage, both in our restaurants and support center.
We give our time and resources to support each other and our communities.