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Haberberg and Rieple: Strategic Management

Chapter 12

Go to MindTools web page on decision trees: http://www.mindtools.com/dectree.html.
Follow the exercise for as long as you feel it is useful. You could use as an example of the problem that you want the decision tree to help you solve a strategic option for a company that you are analysing, or you might want to look at what job or career you should take instead.  Pick a problem that has some relevance for your current situation.

At the time of writing Richard Branson of the Virgin Group is planning to acquire the troubled Northern Rock Building Society (see, for example as a starting point: http://www.bloomberg.com/apps/news?pid=20601085&sid=aH7wKDl9Nkro&refer=europe; http://ap.google.com/article/ALeqM5h-eLIGDGkTlCJwdmexRMFpPzB1zAD8T5H2E80; http://news.bbc.co.uk/2/hi/business/7113766.stm; http://www.guardian.co.uk/feedarticle?id=7104432).

Use this example, or any other newsworthy strategic move that you know about to evaluate whether Richard Branson and his colleagues (or the instigator of the strategic move that you have chosen) fulfills the requisite RACES criteria to make a success of it.