For your first discussion board post, I would like you to apply some of this weeks specific ideas to help Damola Adamolekun save Red Lobster. As you will read and watch, Mr. Adamolekun, the new Red Lobster CEO, is an accomplished strategist with a new challenge to bring the restaurant chain out of bankruptcy. This means better understanding their situation, crafting a new business model, and ensuring a good strategy is in place out of the gate. Mr. Adamolekun needs help. It may not seem like it because he is the head of Red Lobster, and incredibly accomplished. Trust me hes nervous why? There is no such thing as a right strategy. He will take an enormous amount of personal and professional risk in pulling together a new plan. From the WSJ article, He and the company would develop that plan together in the coming months. Then they would stick with it, he said. Theres a lot of ways to win in life, but everyone has to know what the plan is, is my general view on things, Adamolekun said during the town hall, according to a recording viewed by The Wall Street Journal. As he pulls together a plan, he needs to understand the general strategic concepts before getting specific. I want you to help him with this exercise. For your first discussion board post, write a two-to-three-page, single-spaced memo to Mr. Adamolekun on the strategic considerations as he crafts his plan for Red Lobsters relaunch. Imagine you were on Mr. Adamolekuns team, or were his advisor, or met him in on a long train ride and struck up a conversation on strategy. The memo should have two foundational components: It should walk him through the three questions in the article imagine how he might answer them, and then simultaneously offer your assessment of these question. When you address the question Where are we now? Please explicitly detail the three sub questions. Identify the issues with their bankruptcy, and their emergence are more related to a bad business model or a bad strategy or both! At this point in time, do not get caught up in the underlying attributes of the business model or strategy. Focus on the two framing questions associated with each construct Business model Strategy In general, take this approach - What would you tell him about what you have learned in week one in Lathams class? And how might it apply to Red Lobster?