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