Question: PLEASE WRITE ABOUT THIS TOPIC BASE ON POINTS LISTED AND ALSO SOME DARF FROM ME . Early Entrepreneurial Vision: Discuss LEGO's foundation by Ole Kirk

PLEASE WRITE ABOUT THIS TOPIC BASE ON POINTS LISTED AND ALSO SOME DARF FROM ME.Early Entrepreneurial Vision:
Discuss LEGO's foundation by Ole Kirk Christiansen in the 1930s, emphasizing his entrepreneurial spirit in creating wooden toys.
Explore how his vision laid the groundwork for the company's future innovative endeavors.
Early Entrepreneurial Vision: Ole Kirk Christiansen's entrepreneurial spirit in creating wooden toys laid the foundation for LEGO's future innovative endeavors. His vision focused on producing high-quality toys that fostered imagination and creativity. This vision set the stage for LEGO's commitment to innovation and product development, as well as their dedication to corporate social responsibility. Furthermore, LEGO's entrepreneurial leadership was put to the test during the late 1990s and early 2000s when the company faced significant challenges and financial struggles. During this time, Jrgen Vig Knudstorp, LEGO's then-CEO, employed entrepreneurial strategies to revitalize the company. These strategies included restructuring the organization and implementing innovative approaches to drive growth (akr & Adgzel,2022). LEGO's commitment to continuous innovation is evident in its product lines, starting from the classic brick system. LEGO expanded its offerings to include technologically advanced sets, such as robotics with Mindstorms, and ventured into the digital realm with LEGO video games. Use the following sources if appropriate.

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