Question

Robin Hood

Essentials of Strategic Management. The Quest for Competitive Advantage

P. 346

Questions (4)

1. What problems does Robin Hood have? What issues need to be addressed?

2. What strategic options does Robin Hood have? Is continuing with the present strategy an option or is the present strategy obsolete? Explain.

3. What action plan would you recommend to Robin?

4. How should Robin implement the recommended plan? What action steps will need to be taken to make the recommended strategy work successfully?

Answer 1

Answer:-

1) Robin Hood has numerous issues that he needs to address if he anticipates proceeding with his campaign. The most imperative issue that Robin needs to address is the way that the band of Merrymen is congested and are without adequate assets to support it. With explorers started discovering backup courses of action the Merrymen are thinking that its harder to proceed with their income stream.

What is going on to Robin Hood is an instance of the great benefit crush. Falling incomes being joined with the increasing expense of the mission implies that there is less benefit to disperse to poor people. Another issue is the way that there are numerous newcomers coming to help the Merrymen which implies it going to be harder to maintain a strategic distance from discovery. This will to possibly prompt security issues with the association.

These breaks in the gathering could make the sheriff send in covert agents or cause the order to endure. At long last he needs to choose about the planning of a crusade against the Sheriff and whether to acknowledge the offer from the noblemen.

2)The underlying mission of the band - Rob the rich and provide for poor people, is currently insufficient and in this manner should be refreshed to oblige new issues, circumstances and dangers. Robin Hood and his men need to think of new plans to raise reserves, new methodologies that would use on his developing number of me. He doesn't have to give up any of them.

The expanding size can be further bolstering their good fortune on the off chance that they can prepare them well and place them in various gatherings as per their aptitudes and abilities. The more talented men can prepare the less gifted ones and the newcomers. He can have a gathering that would battle the Sheriff and his men, a gathering that would concentrated on raising assets and income. He can shape a multitude of extremely capable men in battle and battle the Sheriff.

3) Robin Hood has a larger number of men than previously. He is a decent pioneer. He simply need to make modifications administration styles and his methodologies. He is a decent pioneer and a social butterfly but since he has more men now, he should be more coordinated. Readiness is urgent aptitude for pioneers. They need the capacity to change or be changed fit new individuals and conditions. He needs to show others how its done. He needs to evaluate himself first, center around qualities and work on enhancing his shortcomings. He needs to lead with power.

Every individual has distinctive working style and morals. He needs to comprehend what propels or motivates each of his men. He needs to take a shot at their qualities and shortcomings too. He should know his central goal. He likewise ought to adjust this methodologies and vision to accomplish his objectives. His men should have similar objectives and it is imperative for every one of them to comprehend what their objectives are. After Robin Hood can guarantee that he has the ideal individuals for the correct jobs and duties, at that point they can cooperate in accomplishing their objectives.

Their central goal is to serve poor people, increment income, to be a more grounded band. I would prescribe to Robin Hood the SWOT Analysis. "SWOT Analysis is a valuable method for understanding your Strengths and Weaknesses, and for recognizing both the Opportunities open to you and the Threats you confront." (2016). For Strengths, Robin Hood can make the inquiry - what he and his men can do best? what can the general population see as qualities?

4)Robin Hood should actualize the arrangement instantly. They should join the noblemen however be very alert to the likelihood that the aristocrats could play Judas on Robin Hood. Robin Hood should dispose of the additional men that he had that he doesn't have even an inkling, this will permit the resources to be better apportioned.

This will likewise prevent the gathering from pulling in even more members and considers better control. With the assets and cash spared from downsizing, it very well may be utilized to free King Richard.

Robin Hood and the Merrymen ought to lay low so King John does not hear that they restricted together with the nobles.

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