Robin Hood Case Analysis

3313 WordsOct 8, 201014 Pages
In the Robin Hood case, we can easily apply the principles of a business organization. Robin was the CEO of the Merrymen. He made all important decisions and a few lieutenants serve in roles that have been delegated such as information gathering, discipline, finances and provisioning. These make up the top management in the organization. This is associated with the Fayolism theory developed by Henri Fayol who proposed that managers perform particular functions for the growth and success of the organization. The four tasks that have been delegated as well as Robin Hood’s personal vendetta against the Sheriff serve as the basis for many problems encountered by the Merrymen. First year, did well because they were a small organization…show more content…
The threat of new entry is also low given the legality of this endeavor. Individuals will likely be more willing to join Robin Hood as opposed to forming their own faction. Although it is obviously more common to have a threat of new entry when in control of the market while making a profit, in this particular situation it is relatively low given Robin Hood‘s rapport within the forest. The threat of substitute products has been identified as a low to moderate threat. The residents of the forest are assumed to be the customers. The variable that make them a threat include: the perceived possibility that Robin may fail. In the event of this transpiring, the most probable alternative would be the majority of the people leaving the forest. This is a low to moderate threat because although Robin’s current status is relatively stable; his customers face the real possibility of being forced into making alternative decisions. This, along with the changes in the external environment is making the band’s business model obsolete. These changes must be addressed along with the structuring and training of the ever-growing band of Merrymen. In short, Robin needs to select a new strategy and rally the Merrymen behind the cause because the current strategy is becoming timeworn at a hurried pace. Robin Hood and his men need a new mission, objectives, and strategy. Their vision is belonging to a kingdom with an

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