Entity Dossier
entity

Virgin Atlantic

Strategic Concepts & Mechanics

Signature MovePerot: Obscene Demands Until They Stop Saying No
Signature MoveBuffett: Insurance Float as a Super Margin Account
Signature MoveHuizenga: Close in the Stench Until They Say Yes
Cornerstone MoveSteal the Playbook, Then Outrun the Author
Risk DoctrineLuck Acknowledged Then Ruthlessly Exploited
Identity & CultureJoy in the Chase Not the Prize
Capital StrategyHold Your Equity Until It Compounds Past Nine Figures
Identity & CultureThick Skin Inherited or Forged by Fire
Cornerstone MoveConsolidate Fragmented Industries at Blitzkrieg Speed
Cornerstone MoveNobody Got Rich Watching from the Stands
Strategic PatternHigh-Growth Industry as the Only On-Ramp
Capital StrategyInsurance Float as Empire Foundation
Signature MoveKerkorian: Sell Before the Peak, Never Pick the Bone Clean
Relationship LeveragePolitical Access as Wealth Multiplier Not Wealth Creator
Cornerstone MoveKeep the Back Door Open on Every Bet
Operating PrincipleFrugality as Permanent Competitive Moat
Signature MoveWalton: Spy on Every Competitor Then Outwork Them All
Signature MoveRockefeller: Silent Desk, Then Swivel-Chair Knockout
Identity & CultureMirror Time as Character Development
Operating PrincipleChurchill Preparation Standard for Communication
Operating PrincipleNotebook Capture as Leadership Discipline
Strategic PatternCompany Maturation as Child-Rearing
Signature MoveListen to Everyone Not Just Experts
Signature MoveFirst to Know First to Handle Problem Resolution
Decision FrameworkData as Excuse-Making Ammunition
Cornerstone MoveCustomer Experience Over Industry Norms
Operating PrincipleForgiveness Over Permission Culture
Signature MoveSerious Fun as Non-Negotiable Culture
Signature MoveSenior Leadership in Customer Details
Signature MoveBottled Emotions Public Grace Under Fire
Cornerstone MoveScrew It Let's Do It Market Entry
Identity & CultureFree Market Conviction from Regulation Experience
Strategic PatternDiscontinuity Hunting as Core Strategy
Competitive AdvantageStructural Value Recognition Over Market Timing
Cornerstone MovePrivatization Partnership Arbitrage
Capital StrategyIntellectual Freedom Through Financial Independence
Signature MoveWalk Away as Negotiation Weapon
Signature MoveCash Preservation as Freedom Doctrine
Cornerstone MoveZero-Money Leveraged Takeovers
Signature MoveHands-Off Management Through Trusted Operators
Relationship LeverageRelationship Leverage in Government Asset Sales
Operating PrincipleManagement Avoidance as Operational Principle
Signature MoveSingle A4 Sheet Analysis
Risk DoctrineRisk Elimination Over Risk Taking
Decision FrameworkPsychology Over Numbers in Deals
Signature MovePartner Selection Over Capital

Primary Evidence

"Branson sees employees as a source of ideas. In 1996, a Virgin At¬ lantic flight attendant told Branson that she had just gotten married and found it extremely difficult and time-consuming to make the arrange¬ ments. She proposed opening a store in which a bride could buy her wed¬ ding dress, have her hair done and receive a manicure, obtain help in planning the reception, and then use Virgin’s travel service to arrange the honeymoon. Branson made her dream come true by opening Virgin Bride in London and immediately began thinking about adding Virgin Babies and Virgin Dating to the product line.30"

Source:How to Be a Billionaire : Proven Strategies From the Titans of Wealth

"Similarly innovative thinking got Branson around the problem of an advertising budget much smaller than the major international carriers’ outlays. Breaking out of his past pattern of resolutely keeping his personal life private, he began staging stunts that attracted widespread media cov¬ erage. He began by announcing the creation of Virgin Atlantic dressed as a World War I aviator. Next, he attempted to break the record for crossing the Atlantic in a small powerboat. That 1985 attempt failed when his ves¬ sel sank 150 miles short of its destination, but he tried again the following year and succeeded in setting a new record. Additional millions of dollars worth of free publicity followed in 1987, when he and Swedish aeronaut Per Lindstrand made the first successful crossing of the Atlantic in a hot¬ air balloon."

Source:How to Be a Billionaire : Proven Strategies From the Titans of Wealth

"As with John in Australia three years earlier, Craig’s hiring may have been a surprise to a few people who had thought Steve Ridgway’s successor (Steve had been Virgin Atlantic’s CEO for twelve years) was probably going to come from within the airline. Again, though, like in Australia, we opted to take someone from a big legacy carrier – it wasn’t the first time we went fishing at American, having hired David Cush from there to head up Virgin America some years earlier."

Source:The Virgin Way

"When I was hands-on CEO at Virgin Atlantic I did something similar with our staff. I’d write them a letter every month with an update on how things were going and – before cell phones and email – gave them my home address and home phone number if they wanted to get in touch with me. And, as with the Florida hotel manager, on the rare occasions they did I was always delighted to hear what they had to say."

Source:The Virgin Way

"In the event, as the television pictures around the world showed, when Branson reached the shore, the tide had dropped a little too low and he needed a lift from some bystanders to get the back wheels on to the ramp. It was only a problem because we’d been held up by two things. First, he and I had taken off in the Aquada when I took a message on the radio to tell Richard that some guy called John, evidently a journalist, wasn’t on the flotilla. ‘Oh, we can’t go without him,’ Branson said. So we stopped and floated around in the harbour for 20 minutes waiting for this guy to arrive from London. Then because it was the twentieth anniversary of Virgin Atlantic and Branson had taken possession of his first Boeing 777, he wanted a photo of the plane swooping above the car. We reached the precise spot using GPS coordinates, but there was no sign of the plane. It had been delayed by air traffic control. That left us waiting another 20 minutes or so for it to fly by."

Source:Serious Fun

Appears In Volumes