Lubbock Lecture in Management Studies – Lawrence Tomlinson

Engineer or Entrepreneur: My Journey Thursday 10 March 2016, 17:30-20:00

Entrepreneurship is often talked about like an ethereal thought process, as if it were the holy grail of the business world. Whilst a useful framing-device for shows such as the Apprentice and Dragon’s Den or a buzzword for Government policy spin, the modern categorisation of “entrepreneur” as a career choice or synonymous to “inventor” is unhelpful in nurturing the talents of engineers who already have the attributes prime for business success. Through a potted history of my business journey, the importance of applying an engineering approach to optimising products, services and skills will demystify the achievement of entrepreneurial outcomes. My primary self-identification as an engineer will be explored, considering how my engineering skills have guided my business success from idea conception to product and service development. Through examples ranging from race cars to civil, chemical and social engineering, the optimisation of opportunity will counter the common perception of entrepreneurs as generators of ground-breaking, novel ideas and concepts. More about the speaker: Lawrence Tomlinson has grown an impressive business portfolio from a single care home in 1988 to the award winning LNT Group which consists of five diverse core businesses: Ideal Carehomes; LNT Construction; LNT Software; LNT Solutions; and Ginetta. Lawrence’s business acumen and foresight has ensured the LNT Group is renowned for its impressive growth and innovative businesses, turning over circa £110m in 2014. In a deal worth in excess of £100m, 2015 saw LNT sell a tranche of care homes to Anchor demonstrating the continued strength of Lawrence’s business foresight and success. With over 25 years of experience as a successful and philanthropic entrepreneur, Lawrence’s passion for business remains undiluted. He was the Institute of Directors’ Overall Director of the Year 2013 and advised Government on business issues as the Entrepreneur in Residence in the Department of Business, Innovation and Skills in 2013-14. He is passionate about helping other businesses reach their full potential and worked with Government to remove barriers and boost growth. During his time as Entrepreneur in Residence, Lawrence published his discoveries on banks’ treatment of SMEs in the well-publicised Tomlinson Report. His key findings are currently the subject of a Financial Conduct Authority section 166 investigation into the behaviour of the Royal Bank of Scotland’s turnaround division named “Global Restructuring Group” due to be published this year. Please arrive at the School from 17.00 for a prompt 17:30 start. Tickets are non-transferable. For details, link here:

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