Robin Hood Mission Statement

Introduction
Robin Hood formed a band of Merry Men with other men who were also disgruntled over the Sherriff’s administration. As word spread of Robin Hoods’ alliance across England, many raced to join the rapidly expanding organization. While Hood was satisfied with the increasing size of the band, he was also concerned because he was not prepared to accommodate the new members of the band. The cost of buying more food and resources was starting to drain the bands financial reserves, during which the bands revenues were also at a decline. As the Sherriff and his administration grow stronger, Hood declares that the band needs to focus back on their original mission statement “rob the rich and give to the poor” and their long-term goal of removing
The band of Merry Men are too large. They have a large encampment that might attract a lot of attention and make it easy for the Sheriff and King John to send in spies to gather intelligence. Because the band is too large, the band has exceeded food capacity of Sherwood Forest. This has required them to buy supplies from outlying villages, which has drained the financial reserves.
2. There has been a lack of vigilance and discipline among members because it has been difficult to enforce and men who do not value justice are becoming members.
3. Although the top of the organization is somewhat organized, the rest of the organization is not organized. Little John was the only managers that dealt with enforcing rules and polices on the members.
Opportunities
1. Robin Hood could form a strategic alliance with the barons that dispute King John’s claim to the throne by rescuing or paying the ransom to release King Richard the Lionheart from a jail in Austria.
2. Robin Hood could implement the expansion into areas outside the Sherwood Forest that would allow the band to loot from many other wealthy targets that have started to avoid the forest or do not travel through the forest.
3. Robin Hood could kill the Sheriff to his thirst for revenge and eliminate the Sheriff as a threat.
4. Robin Hood has the opportunity to put in place a fixed transit tax for the Sherwood would that would ensure
The business depends on fencing items – converting stolen goods into cash.
a. After fencing, shares are given out to fellow thieves.
b. Profit is kept in hiding places.
3. Costs of goods like food to supply the Merry Men are exceeding revenue, resulting in loss.
4. Revenue is decreasing.
For Robin Hood, the financial situation is grim and risky. One person controlling finances for a large group or large cash flows is a daunting task probably prone to frequent error. Fencing stolen goods is difficult and requires trusting relationships, and it isn’t certain if it is sustainable. Profit isn’t stored safely in a bank, so it is hidden and there is a probability that it will be found and lost. At a time where money is most necessary, revenue is declining.
Essentially, Robin Hood has a viable business model: steal items, convert stolen goods to cash, redistribute cash to assistants for ‘wages’, and store excess cash or make investments. Robin Hood’s philosophy keeps much of operating costs low in regards to wages and labor, but supporting costs are high because of the sheer number of people involved. Robin Hood is faced with a decision to either expand his model to attain more stolen goods or downsize by letting lower performers