Tuesday, April 16, 2019
Robin Hood Strategy Essay Example for Free
Robin Hood break throughline EssayPlease find my summary for the pre-assignment tasks in this memo. The assignment was to read three chapters of Robert M. Grants Contemporary dodge analysis, read two members and answer the mentioned questions Mini-case Robin Hood. Does Robin Hood require a new strategy? What should Robin Hoods strategy be? Why? To set off with, lets piss a bit of a background for Robin Hood and his band of Merrymen. The organizational structure of the Merrymen is a typical top-down addressment, with Robin Hood as the leader and a few lieutenants reporting to him works in intelligence, even up, finances and provisioning. The growing organization and Robin Hoods individualised vendetta atomic number 18 the basis for galore(postnominal) of the problems the Merrymen be veneering. Merrymens strategy is simple take from the rich and give to the poor, which antitheticaliates the concourse from its major competition who does the opposite, making Robin Hoods customers love the product they hurt to offer. thence one could say that Merrymens competitive approach is based on differentiation. What has made them successful so far? It has all started with Robin Hoods unique leadership skills, Robin is a genuinely strong and appealing leader.The organization would not have been born without him. What makes Merrymen succeed today is their vast resources (they have scale) and talent (unique expertise in robbing people). Another factor is quick knowlight-emitting diodege transfer for the new rears, transferring the robbing skills to impudently joined members and getting them to be productive quickly after onboarding. Their image/ distinguish is such an entrancing one that they atomic number 18 not facing major challenges in recruiting new people. Word of mouth carries the pass on quickly and there are lots of potential new comers joining the Merrymen.The work force is miserable cost, all they pretty much need is pabulum and shelter. One of the major weaknesses is Robins personal grudge with the sheriff. It is a key risk for the leader potentially not being able to escort the big picture and revolve about on what is good for the whole organization. Even though this seemed to be the commencement point for the organization to be formed the goals for the organization are now much bigger and the strategy must evolve accordingly. It is not uncommon that the strength of an organization is also their weakness. In order to trope scale, Merrymen had to change their recruitment strategy.Merrymen used to be quite picky in selecting the mountaindidates tho now they are welcoming almost anyone to join. This has led to several challenges, one of them being that they are exceeding the resources for food that the nearby forest provides leading them to spend lots of time and energy in risky ventures looking for food and having to use their finances to purchase food. The second issue is the change in recruitment policy whic h has led to a decline in discipline and vigilance. Naturally the space is becoming an issue as tumesce as the group expands continuously.The financials are hit also because of looting becoming more challenging. The merchants who previously traveled the woods are now avoiding them, keeping the Merrymen from looting their goods leading Robin Hood wondering what can their new funding strategy be, could it be taxation? Should they take a huge risk and strive to free King Richard, risking the fact that they might go against not just one sheriff and his men but also Prince John and his army? Recommendations for the Merrymen I would not recommend Merrymen to do major changes to the current strategy, such as freeing King Richard or seek to kill the sheriff.Merrymen should continue building on their strengths and the focus should be in executing better and starting with changing their recruitment and training policies. They shouldnt recruit just anyone but focus in acquiring talent. If food is an issue they should recruit skilled farmers and start building a self-sufficient ecosystem to the woods, as it used to be. Their organization has also grown rapidly and seems that a re-org would be needed. They give need more structure and better management to their org to bring back the discipline and to ensure successful execution.They should introduce more specialize teams with their own leaders (such as farmers, special ops, archers and so on ) and focus more on better training and knowledge sharing inside the more specialized teams. Their financials are going down and that has to be fixed by saving money (potentially letting whatever of the Merrymen go? ) and going where the money is i. e looting further away from the forests, creating new sites for the Merrymen in different woods might be a good idea to ensure continuous cash flow. To manage the external threats they must invest into spying what the sheriff is up to and where the next raids might be happening.To c onclude adoptt change the strategy, keep calm and improve the execution. Case Study buirdly Injection cast Systems. Why has Husky enjoyed greater profit margins than its competitors? Is Huskys profitability currently threatened? The primary reason for Huskys success is the polyethylene terephthalate (PET) industry niche and focusing to it at the right time, exactly when easily drink makers started to use plastic bottles and here Husky had the first mover advantage. Husky was clearly a differentiator and innovator in this market.Husky provided its customers with the complete and comprehensive manufacturing solutions by producing both products and services. The products were innovative, long indestructible and efficient. Husky also provided its customers a worldwide professional service to ensure the customers get the best out of the products. Husky managed to make competitors entry to the market very challenging for a long time because of their spirited performing products and excellent service. Now the challenges faced are the shortage of resin and new entries coming to postulate in the market.The shortage of PET resin has led to decreasing demand for injection molding systems hurting Huskys business. This is likely a temporary situation as resin makers are increase their capacity. Its also good to note that all companies in the aforesaid(prenominal) business are facing this same challenge. The main challenge is the new competitors trying to make an entry to the PET preform business. These are low-cost competitors who apparently are able to modify mainstream machines to suit the preform application as the article says. The competitors will be an attractive option for customers who focus more in lowering costs.The new competitors will threaten Huskys profitability and it is clear that they need to react to it, perhaps by trying to produce different sorts of machines both for the customers interested in low cost but at the same time keep producing the high performance machines. Producing high performance machines would be important to build the brand and would help selling the low costs machines as well, comparable situation to mobile phones business where many vendors produce high end devices to build the brand while they actually make the money from cheaper products that are sold in masses.