Barnes And Noble Case Study Answers

926 Words 4 Pages
Barnes and Noble is a very well known bookstore around the world. It's different from the normal bookstore or library. The buildings are huge and have different levels in the store to explore. This company creates a warm and homey sense where one can even sit down and even have a cup of coffee with a friend. They offer variety and it's not usually what a common bookstore can offer, but sometimes that isn't enough. Will Riggio's effort to increase things for his business work? Or will Burkle try to come in and ruin things for Riggio? The main problem that Burkle has with Riggio and how he manages Barnes and Noble is that he thinks Riggio is making the choices he is for his own personal gain and not the best interest in the company. Burkle …show more content…
He's in a bias position and so is his brother Stephen. Obviously, Leonard made sure him and his brother were on the board so he could make sure Barnes and Nobles was running the way that he wanted it to. I think Leonard should stay off the board because we want board members that are independent and not ones that can be turned so easily because of how close they are to the owners or, for Leonard's case, is the owner. Riggio also can't be playing all the parts in the business. It becomes overwhelming and options can get cut out since their is one mindset that is controlling the majority. It is best to let them do their job and make sure the owners are being represented correctly on their …show more content…
Taking them off the board, I think, will strengthen Barnes and Nobles for the better and help governing. One other thing that will help also is creating more diversity in the board members. From looking at the table of board directors in the case, they do have a fair split between men and woman but they could use help in age. Most of the board members are 55 years old or older. Since this is a new day and age and they are talking about incorporating technology I think they should get some younger people on the board. Doing so will help the company stay fresh and keep in touch with the new trends that come

Related Documents