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    Robin Hood

    Presented by

    Sumanta Bandyopadhyay

    MBA(FINANCE), 2ND YEAR, II SEMESTER

    DEPT. OF BUSINESS ADMINISTRATION

    UNIVERSITY OF KALYANI

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    Robin Hood: Organizational Profile

    Robin Hood (1938)

    Brief History

    First year of Revolt: built a large body of men with grievances; made a

    disciplined fighting force; housed in Sherwood Forest

    Robin ruled supreme; had lieutenants to whom he delegated functions

    Fame spread; the band grew

    As the band grew, discipline slackened and food was scarce.

    Revenues were running short as the rich were avoiding the forest

    Barons want to overthrow Prince John, bring King Richard back, and

    want Robin Hood to help them in exchange for amnesty

    Something had to change, but what?

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    Robin Hood: Financial Indicators

    The Changing Forest

    First year, did well. Small organization, growth wassteady, revenues consistent, stockholder support

    No competition

    Company Year 1 Year 2 Change

    Revenue 13.4 12.1 -1.3

    Expenses 10.0 11.5 +1.5Coffers 3.4 .6 -2.8

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    Robin Hood: The Problem(s)

    Sheriff is getting stronger; more men

    and money

    Band is running out of money

    Food is scarce

    How do we decisively end the conflict

    before the Sheriff regains control?

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    Robin Hood: SWOT

    Strengths

    Strong leadership

    Large band of well-trainedfighting men

    Support from stockholders(the peasants and farmers thathate the Sheriff)

    Weaknesses

    Unable to sustain growth(limited resources)

    Lack of familiarity with all orgmembers

    Opportunities

    Expand into other forests,

    spreading the revenue base

    Threats

    The sheriff is getting stronger,

    increased competitionPrince John is paranoid, couldact irrationally

    Barons could undermineRobins efforts

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    Weaknesses:

    Strengths

    WO Strategies: Limit size of band

    Turn the fighting band into a group

    of elites

    Maintains discipline

    Solves food issues

    Basically, curtail growth

    SO Strategies: Kill the Sheriff

    Wipe him out, no more problems Has the men to do it

    When the sheriff is gone, disband

    WT Strategies: Disband

    Give up the cause, return to

    normal life

    Robin flees to another country to

    escape punishment

    ST Strategies: Join the barons

    Has the fighting force

    Get access to capital markets

    Maybe ends the conflict quicker

    Opportunities Threats

    Robin Hood: AlternativesTOWS Matrix

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    Robin Hood: Questions.

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

    2. Do Robin Hood and the Merrymen need a new mission, new objectives, a new

    strategy?

    3. What strategic options does Robin Hood have? Is continuing with the present

    strategy an option or is the present strategy obsolete?

    4. Why not try to end the campaign by killing the Sheriff?

    5. What are the pros and cons of accepting the offer of the barons to assist in

    securing King Richard's release from prison?

    6. What action plan would you recommend to Robin?

    7. How should Robin implement the recommended plan, and what steps will need

    to be taken to make the recommended strategy work successfully?

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    1. What problems does Robin Hood have/

    what issues need to be addressed?

    Robin Hood has many issues that need to be addressed. The

    most immediate problem is that the band is overstaffed and

    with insufficient resources to sustain it. Just as the numbers

    of Merrymen are growing, travelers are beginning to find

    alternate routes through the forest to avoid apprehension,

    causing a decline in the bands revenue stream. This, along

    with other changes in the external environment is making the

    bands 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,

    training new members and practicing change management to

    get the older members on board.

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    2. Do Robin Hood and the Merrymen need a new

    mission? New objectives? A new strategy?Robin Hood and his band are in need of a fresh strategy in response to external

    happenings. For instance, travelers are beginning to avoid the forest, despiteadded cost and inconvenience, to protect their belongings. Also, Robins plan to

    force the Sheriff out of Nottingham by causing unrest is not working. Indeed, the

    Sheriff is using powerful connections to apply added pressure to Robin and the

    Merrymen. To further complicate matters, some of the barons that appointed

    Prince John to the throne are now campaigning to clandestinely raise the ransom

    to free King Richard. These barons have offered Robin Hood the chance to help

    in this mission in exchange for future amnesty. While the return of King Richard

    and the ousting of King John is what Robin wants, the risks involved in such a deal

    are very high. The unofficial mission of the gang is rob from the rich and give to

    the poor. However, the true goal of the organization is to remove the amoral

    Sheriff from office, as evidenced by the consideration of Robin to institute a fixedtransit tax. A more appropriate mission would be rid Nottingham of the corrupt

    King John and Sheriff. The gang also needs to outline some objectives, as this

    has not been done in the past. For example, each Merryman shall produce enough

    loot each day to pay for his own food.

    3 Wh i i d R bi H d h ? I

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    3. What strategic options does Robin Hood have? Is

    continuing with the present strategy an option or is

    the present strategy obsolete?

    In regards to strategy, Robin Hood must weigh the benefits and risks of the

    following:

    I) Form a strategic alliance with the barons to rescue King Richard

    II) Expand the organization into areas outside Sherwood Forest

    III) Kill the Sheriff as a defensive strategic move

    IV) Switch to a fixed transit tax for an offensive strategic move

    The current strategy of the group is becoming obsolete at a hurried pace,

    as wealthy patrons are avoiding the forest. With a growing army of men

    to feed, Robin must develop a new strategy or significantly alter currentpractices.

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    4. Why not try to end the campaign by killing the

    Sheriff?

    Robin has considered killing the Sheriff to end the feud, but decided against it

    because it would only satisfy his thirst for revenge without improving the matter.

    The next Sheriff would undoubtedly be just as bad if not worse because the

    Sheriffs association is devoid of values. Also, with the Sheriffs high-powered

    friends and increasing resources, the chances of succeeding in the slaying are dim.

    If there is an unsuccessful attempt on the life of the Sheriff, retribution will be

    fierce.

    5 Wh t th d f ti th ff

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    5. What are the pros and cons of accepting the offer

    of the barons to assist in securing King Richard's

    release from prison?

    Working with the barons to free King Richard would

    provide Robin Hood with amnesty and a resolution tothe campaign against the Sheriff. However, if the plan

    proves unsuccessful, King John will unleash his

    vicious and volatile side to ensure Robin Hoods

    demise.

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    6. What action plan would you recommend to

    Robin?

    To achieve the goals of the organization and

    return to a law-abiding life, Robin should accept

    the offer of the barons to work on freeing King

    Richard.

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    7. How should Robin implement the recommended plan?

    What action steps will need to be taken to make the

    recommended strategy work successfully?

    While this is the riskiest strategy, the rewards are

    great. To implement the plan effectively, Robin

    Hood needs to immediately send some of the

    new men home, so as not to attract any more

    attention to the group. With the remaining

    members, Robin Hood should spend some of thegangs free time

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    Robin Hood: Recommendations

    Robin and one of his

    merry men

    Recommendation: Join the barons

    take a chance on getting King Richard back and getting rid of

    John and the Sheriff in one fell swoop

    Get capital to grow the business and feed the troops

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    Robin Hood: Case Update

    Maid Marian

    Robin joined the barons.

    King Richard was freed and reclaimed the throne

    Prince John was exiled and the Sheriff lost his job; henow cleans pigsties for a living.

    Robin was exonerated and lives in a large mansion onthe edge of Sherwood Forest, enjoying life with his wife(Maid Marion), three kids, two horses, and a dog namedJack.

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    Robin Hood: The End

    Thank You!