Page 18 - Fisherman's Friend Teaching Note
P. 18

Doreen Lofthouse and her husband and son have crafted
                 a strategy drawn from their entrepreneurial


                 characteristics where risk-taking and innovation are allied
                 with business creativity and a keen eye for spotting

                 market opportunities.


                 Leadership - Doreen Lofthouse







                                           Set Direction


                                           Doreen has set the direction of the company
                                           since the early 1970s from moving away
                                           from medicinal lozenges to confectionary to
                                           developing a marketing pull strategy





                                        Demonstrate Personal Character

                                        Lives a simple life in local community.

                                        Invests heavily in charitable causes





                     Build Organisational Capacity                  Mobilise Individual Commitment

                        •  Family business                             •  Local employment
                        •  Directorships held within                   •  Manages brand development

                            family group                               •  Share distribution
                        •  Managed production capacity                 •  IMPEX relationship
                        •  Developed new
                            products/markets



                                          Lofthouse of Fleetwood



                 Diagram 2
   13   14   15   16   17   18   19   20   21   22   23