Robin faces several problems with his industry. His customer base has virtually vanished. His company has too many employees that are engulfing profits to maintain the increased size. He employs the “more the marrier” method even though large size in a firm can be a disadvantage. Robin enjoys being the last word in decisions and delegates authority to his managers but has made their tasks more difficult by having them manage more than one task. While Robin mentioned that he does not know half the men he ran into, this shows that he does not manage by walking around. His vengeance for his former associates is creating unethical behavior patterns that could allow a CEO to develop business tactics that serve his own self-interest as opposed to …show more content…
His staff should be limited until a time when business increases and the additional workers are needed. Delegating more authority to other managers to allow present managers to focus on a certain issues instead of multiple issues, can create better management of that department and greater focus on the issues of that department. Reporting information could be easier if regular meetings were held to discuss the current state of the firm to better understand what issues need attention and how to address them.
2. Do Robin Hood and the Merrymen need a new mission? new objectives? a new strategy?
Robin needs to examine his planned initiatives and the unplanned reactive adjustments to his operations to develop a realized business strategy. The current mission is lacking customers, consumers or resources (the travelers), however you look at it. The objective should still be similar if not the same; obtain finances to give to the poor but the current strategy will need to be adjusted so there is ability to obtain the finances.
3. What strategy options does Robin have? Is continuing with the present strategy an option or is the present strategy
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Why not try to end the campaign by killing the Sheriff?
No. Killing is wrong and extremely unethical. I can’t believe such a scenario was included in this story.
5. What are the pros and cons of accepting the offer of the barons to assist in securing King Richard’s release from prison?
The pros for accepting the merger with the barons, is that it allows Robin to access other capabilities through collaborative partnerships (the ability to get the King out of jail) could allow him to obtain the market that he desires to do business in if the King were freed. The cons could arise if the collaboration fails in its objective and Robin would be out any costs contributed towards the collaborations efforts and would still be in the same business climate as before. He needs to study whether joining the collaboration is a good strategic fit for his own business strategy.
6. What action plan would you recommend to Robin? Start implementing the tax to forest travelers and join the collaboration to free the King. This gives him the best outcome options and fits well into his revised strategic