Entity Dossier
Company

Lotus

Strategic Concepts & Mechanics

Signature MoveThirty Percent Turnover as Pruning Not FailureSignature MoveFormer Bosses Report to Former Subordinates, Same PayCapital StrategyConservative Treasury, Radical OperationsIdentity & CultureImmigrant Hunger as Hiring FilterSignature MoveMemos Replaced by Oral OK and a Sharp PencilCompetitive AdvantagePay What You're Worth, No Salary ScheduleCornerstone MoveProduct-Owner as Mini-CEO GuillotineRisk DoctrineDay-One Honesty in Every AcquisitionDecision FrameworkStars to Priorities, Privates to SergeantSignature MoveUnmanaged Pigs as Growth Path for Non-ManagersSignature MoveRank Everyone Against Everyone, No Threes AllowedCornerstone MoveUndevelop the Product Until Someone Can Afford ItStrategic PatternAcquire the Product, Architect the BridgeCornerstone MoveAcquire Products Not Talent, Then Gut the Org ChartCornerstone MoveZero-Based Thinking: Restart the Company Every YearIdentity & CultureFree Market Conviction from Regulation ExperienceStrategic PatternDiscontinuity Hunting as Core StrategyCompetitive AdvantageStructural Value Recognition Over Market TimingCornerstone MovePrivatization Partnership ArbitrageCapital StrategyIntellectual Freedom Through Financial IndependenceSignature MoveWalk Away as Negotiation WeaponSignature MoveCash Preservation as Freedom DoctrineCornerstone MoveZero-Money Leveraged TakeoversSignature MoveHands-Off Management Through Trusted OperatorsRelationship LeverageRelationship Leverage in Government Asset SalesOperating PrincipleManagement Avoidance as Operational PrincipleSignature MoveSingle A4 Sheet AnalysisRisk DoctrineRisk Elimination Over Risk TakingDecision FrameworkPsychology Over Numbers in DealsSignature MovePartner Selection Over Capital

Primary Evidence

"And this is a corporation that, since its inception as a four-person software outfit selling one program, has acquired and integrated unto itself no fewer than forty-two companies at a cost of some $2 billion, a corporate entity so revolutionary in its management and so successful in nearly every aspect of its being that one would think it would be at least as well-known and admired as IBM or Digital Equipment Corp. (DEC) or Microsoft or Lotus or Campbell’s soup."

Source:Twenty-First-Century Management _ the Revolutionary Strategies That Have Made Computer Associates a Multibillion-Dollar Software Giant

"Jenkins suggested that Gibbs turn his attention to the two places in the world with excellent low-volume, specialist cultures for car making: northern Italy and the British Midlands. Since Gibbs spoke no Italian, it made sense to look first at the Midlands. In the UK half a dozen companies, including Morgan, Aston Martin, TVR and Lotus, manufactured cars in low volumes. They were supported by engineers with the sorts of skills and mind-set that Gibbs needed. The decision was made; Jenkins merged his business with Gibbs’, and Gibbs and Jenkins became partners. The project moved across the Atlantic. In Neil Jenkins, Gibbs had found a Trevor Farmer-like figure to help him with the car project. Since the engineering challenges fascinated him, Gibbs would have a more hands-on role than he had had with his former businesses, such as Freightways and Ceramco, but he’d long since learnt that he needed a trusted and capable partner on the spot."

Source:Serious Fun

Appears In Volumes