What is the purpose of strategy? What strategic problems does Robin Hood have? What is the role
Question:
- What is the purpose of strategy?
- What strategic problems does Robin Hood have?
- What is the role of the organizational leader as strategist and articulator of global goals?
- What are some issues in this organization’s external environment?
- What is the relationship of the organization’s internal structure to its environment?
- How do stakeholder values or culture influence strategy making?
- What strategy can Robin Hood implement?
Robin Hood and his Merry Men are now in trouble because wealthy travelers (their source of revenue) are avoiding the forest. As is often common in an entrepreneurial organization, the Merry Men were highly motivated by Robin Hood’s leadership. Therefore, Robin had previously relied on informal communication to organize and implement operations. Robin is pleased with the growing size and influence of his organization. However, growth has meant that specialized duties have begun taking up most of the men’s time, leaving a command vacuum between Robin and the first line recruits. In addition, they are now all located in a large encampment that can be seen for miles. This creates the probability of a surprise attack on their position. Growth has also put great pressures on resources, so now they must harvest the forest more thoroughly. Where will additional revenue come from? Rich travelers are avoiding the forest, so in desperation Robin is considering robbing the poorer travelers, which means his lieutenants must now tell their men to rob their brothers and fathers. What started as a rebellion is in danger of being routinized into banditry. Robin must therefore begin to evaluate the Merry Men’s mission in view of the changing environment. Should it still be an extension of his private grudges and aspirations? Has the organization acquired a new mission, if so what is it? Who are the key stakeholders here? On whose behalf should the organization formulate its mission?!
StakeholdersA person, group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees,...
Step by Step Answer:
Strategic Management Text and Cases
ISBN: 978-1259302923
8th edition
Authors: Gregory Dess, Tom Lumpkin, Alan Eisner, Gerry McNamara