INTRODUCTION
Robin Hood was living near the palace of Nottingham. He was very renowned personality among people. He was highly good sword man. He is well known by his motto “who robbed from the rich and gave to the poor”. In the Robin Hood case, we can apply the principles of a business organization. Robin was the CEO of this organisation. He strategized all major decisions and a few lieutenants serve in the position that has been authorised such as information collecting, discipline, and finances and provisioning. These lieutenants serve the top management roles in the organization. This is accomplice with the Fayolism theory developed by Henri Fayol who proposed that managers perform particular functions for the growth and success of the organization. Robin as the CEO possesses the decisional roles which entail the important decision making and choices.
VISION-
The statement of vision is established on your motivation, model and the method for your strategic planning. A clear vision would provide the foundation for developing a comprehensive mission statement. Many organisations have both a vision and mission statement, but the vision statement should be established first and foremost. The vision statement should be short, preferably one sentence and many managers as possible should have input into developing the statement (David, 2013). According to the Shakespeare, Henry vision is all about predicting future or having an idea of what you want to achieve in the near future. In any organisation vision plays a vital role. Every work should start with a vision, it means you must know first what you want to achieve or what you are working for. In an organisation inability of vision can also adversely affect the other component...
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... the choice of a wide competitive extent within an industry. The focuser selects a division or group of division in the industry and its strategy to serving them to the exclusion of others. The focus strategy has two alter.
(a) In cost focus a firm quest a cost advantage in its target division.
(b) Differentiation focuses a firm quest differentiation in its target division. Both alter of the focus strategy rest on differences between a focuser's target division and other segments in the industry. The target division must either have buyers with common needs or else the manufacturing and delivery system that best serves the target division must dissimilar from that of other industry division. Cost focuses utilize differences in cost behaviour in some division, while differentiation focuses to utilize the special needs of buyers in certain division. (coulter, 2005)
A mission statement express the core purpose of an organization and its reason for existence. Mission statements are vital to an organization because they communicate and set the foundation of the purpose of their existence. They shape the attitudes and behaviors of the members of the organization and the perceptions of the public (Hess, 67).
The strategy for competing in the market was a broad-differentiation strategy. It was broad because it produced a large variety of products such as clamps, inserts, knobs, and similar items. Also, it differentiates from the other metal companies because of its good quality, good delivery, and reasonable price.
Differentiation: by focusing on those activities associated with core competencies and capabilities in order to perform them better than do competitors. The key point of this strategy is to create something that customers feel as being unique.
My vision is to have a plan for where my life is heading, to be able to adapt to the inevitable changes that arise, and keep my values in tact that help me to live a meaningful and valued life.
The legend of Robin Hood includes a group of so called outlaws, and how they go about fighting and cooperating with the others in their land. Along with the death of his father, Robin left his home after it was burned down to go and live in the woods. There, he assembled an army of loyal men to help him fight against unjust laws and actions in return for shelter, food, and camaraderie. Although considered outlaws, Robin Hood and his men clearly show actions of the Knightly Code, such as: defending the weak and helpless, fighting only in just causes, and dealing honorably with opponents in battle.
The current mission, vision, and value statements are written very broadly to provide the five divisions within the company with an overall direction and strategy. Each division then interprets the strategy and goals to develop operational processes, procedures, tactics and plans to implement and achieve those goals.
Robin and the Merrymen is a company who are in business to steal from the rich and give to the poor. The organization had begun as a personal interest to Robin, and has grown with allies and new recruits to become a very large organization. Robin is the head of all operations with few delegates who have their own specific duties.
Response: Good question. Robin and the Merrymen's mission had started out as a personal vendetta against the Sheriff. It seems to me that in order for him to achieve that goal he must embrace a larger goal. This isn't all that unusual. We come across this all the time in business. A private inventor develops a new product that's really good. He starts a company and owns 100% of it. He does this to maintain control.
The five-year product objectives and marketing focus for Comcast Cable are explained in this section. This marketing focus will include the target markets, points of difference, and Comcast’s positioning of their telephone, cable, and Internet services. With this market-product focus, Comcast will utilize their specialty features to ensure continued market share growth.
Both Porter and Miles and Snow’s strategy typologies are based on the concept of strategic equifinality, or the ability for firms to be successful via differing managerial strategies (Hambrick, 2003, p. 116). Porter 's strategy is more generic while Miles and Snow’s is more specific in nature. Porter’s generic strategy typology is based on economic factors centering on the source of a firm’s competitive advantage and the scope of a firm’s target market (González-Benito & Suárez-González, 2010). Porter’s typology emphasizes a firm’s cost, product differentiation or non-differentiation and market focus. When utilizing Porter’s strategy typology, a firm must first decide to target its products toward the mass market versus a market niche or focus. Secondly, a firm will determine if it wishes to minimize costs or differentiate its products with differentiation meaning that firms will most likely forego lower costs (Parnell, 2014, p. 184). This can lead a firm to develop a myriad of strategies between these options. Strategies which may have or not have focus, may or not be differentiated, may or not be low cost or any combination of strategies. In contrast to Porter, Miles and Snow’s typology is more specific in nature.
...tain aspects of it that explain the world. Prince John represents the person in the world who’s only goal is to make it to the top, no matter who they step on along the way. On the other hand, Robin Hood is the do-gooder type who focuses on helping people and not being selfish.
Robin Hood and his Band of Merry Men had a successful first year. With new recruits pouring in from the furthest outreaches of England, Robin had met his objective of strengthening in number. Although he was satisfied with the size of the organization, he has realized necessary preparations had not been made to accommodate the now over abundance of members of his organization. Many challenges now face Robin such as a lack of provisions and lack of funds to support the band, but he cannot lose focus of their original foundation of "Robbing from the rich and giving to the poor". In addition they have to stay focused on their long term goal to remove Prince John from power by freeing King Richard from his imprisonment in Austria. Robin Hood has to form structure within his organization so that it can continue to grow and prosper.
"The Story of Robin Hood." The Story of Robin Hood. N.p., n.d. Web. 24 Apr. 2014. .
Robin Hood a legend that lived in Sherwood Forest and was a known thief, bandit, and an outlaw. He was the leader of the Merry Men and one of the most influential figures at that time (Wright, 2004). Although it was not always like this, he was once a simple man who did not defile the king. It did not last long though, because he decided to go against the king after experiencing his corrupt rule first handed. His actions against the king led to a change in how many of the people thought, by influencing the actions of others.