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How Lego Saved Itself By Selling Bricks

How Lego Saved Itself By Selling Bricks

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In 2004, Lego was weeks away from bankruptcy. They had overextended into video games and theme parks while ignoring their core product. This episode traces how CEO Jørgen Vig Knudstorp forced a brutal pivot back to the brick, cutting thousands of SKUs and reinvesting in design innovation. We explore the specific operational decisions that turned a near-death experience into the world's most profitable toy company, examining the tension between creative freedom and supply chain discipline. #LegoGroup #JorgenVigKnudstorp #TurnaroundStrategy #SupplyChainManagement #BrandStorytelling #BusinessPodcast #FexingoBusiness #CorporateResilience #OperationalExcellence #MarketingStrategy #ToyIndustry #LeadershipLessons #BrandIdentity #ProductDesign #BusinessCaseStudy #RetailTrends #ConsumerGoods #FexingoBusiness Keep every episode free: buymeacoffee.com/fexingo
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