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 MEEarly Entrepreneurial Vision:
Discuss LEGO's foundation by Ole Kirk Christiansen in the s 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 highquality 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 s and early s when the company faced significant challenges and financial struggles. During this time, Jrgen Vig Knudstorp, LEGO's thenCEO, employed entrepreneurial strategies to revitalize the company. These strategies included restructuring the organization and implementing innovative approaches to drive growth akr & Adgzel 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.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
