Preview

Lego Case

Better Essays
Open Document
Open Document
6037 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Lego Case
TABLE OF CONTENTS

Introduction 1
Strategic Analysis 2
A. Internal Core Competences 2
B. Company mission and vision 3
C. Future goals 4
D. Organizational Structure 5
E. 7-S model analysis7 6
Improvements 9
Open Innovation………………………………………………………………….10
A. Organization of innovation.…………………………………………………………………11
B. Matrix Innovation…………………………………………………………………………..…..12
Reference 14
Appendices………………………….……………………………………………...15
A. Memos…….………………………………………………………………………………………..…15
B. Project A Log for mm215……………………………………………………………….…..17

Executive Summary

LEGO Group began in the workshop of Ole Kirk Christiansen, and has a long history which started with making wooden toys, plastic toys and then getting to the famous brick.

Because of the foreign competition, many companies, including LEGO, had to reevaluate their strategies to regain competitive advantage. As a consequence, the current corporate vision in Lego energizes all employees. Furthermore, the bond between them and top management can make every decision become a successful strategy.

LEGO Goals focus on increasing, developing and expanding “direct to consumer” activities. The company has three main divisions in order to secure a successful implementation: “Market and Product” division, “Community, Education and Direct” and Operation division.

This report discusses the 7 S model analyses: strategy, structure, systems, shared values, style, staff and skills. Excelling in this areas, LEGO became the fourth biggest toy manufacturer in the world and the brick was called the “Toy of the Century “.

LEGO Games provide the opportunity for a unique combination of building with Lego bricks and social play with family and friends. LEGO core values are: fun, creativity and quality.

The company structure consists of the Chief Executive Officer, the Chief Financial Officer and four Executive Vice Presidents each responsible for their own business area. The company has always been a family business and

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Lego Case Study

    • 432 Words
    • 2 Pages

    The Lego Group began in the workshop of Ole Kirk Christiansen (1891–1958), a carpenter from Billund, Denmark, who began making wooden toys in 1932. He made toys for his son.…

    • 432 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Mt460 Unit 6

    • 733 Words
    • 3 Pages

    Once implementation has been developed, it is now time to move on to executing. During this stage, logistics, warehouses and even shipping of the Lego’s will be finalized and executed to expand into untapped markets. Along with the execution, they must supervise every aspect to ensure that they are providing the products that the demographics who are want or looking…

    • 733 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    The Lego Movie Analysis

    • 461 Words
    • 2 Pages

    When thinking of “The Lego Movie” it’s easy to dismiss it as another movie made to entertain the minds of 4 to 11 year olds. A movie created just for parents to get one solid hour of peace from their kids but it’s surprisingly the opposite. The movie surprises its viewers with cleverly written jokes, action packed scenes, and heartwarming characters.…

    • 461 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Lego

    • 659 Words
    • 3 Pages

    The short-term expenditure to get the sustainable product underway would be greeted with long-term benefits including greater innovation, quality improvement, energy savings, and revenue growth. Developing new manufacturing practices and product design synergizes the eco-efficiency efforts that can result in lower production costs and greater operational efficiencies, as well as reduced shipping and transportation costs. A sustainable product should have the five key elements: Social, Governance, Financial, Health and Safety, and Environment. In which the proposal for Lego Group does have those five key elements, the proposal gears towards all five in developing a plan that removes toxins from their plastics, a sustainable product that lowers the consumption of energy, a product that is safe for the…

    • 659 Words
    • 3 Pages
    Good Essays
  • Better Essays

    LOGO case study

    • 2465 Words
    • 9 Pages

    The essay is a strategic analysis for LEGO Group. LEGO Group is a famous toy company in the world, which established in Denmark. LEGO Brand is not only the familiar logo, but also the expectation. LEGO acts as a guarantee of quality and originality. LEGO’s core values are imagination, creativity, fun, learning, caring and quality. The essay will show strategic analysis by identifying the industry, analyzing general and industry environment, listing resources and capabilities, analyzing the company’s core competency, SWOT, current strategies. Then, giving the key issues. Finally, the essay will recommend the business-level strategy.…

    • 2465 Words
    • 9 Pages
    Better Essays
  • Satisfactory Essays

    Lego Group

    • 915 Words
    • 4 Pages

     The Company, analysis  History  Today  Tomorrow  Collaborative Innovation  Theory, evolution  Tools  Lego User Innovation Strategy  Lego Board Games  Lego “Design By Me”  Costs and Benefits  Q&A…

    • 915 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    How did Lego's organizational structures & policies permit int'l alignment AND explicitly reflect the company's belief in equifinality?…

    • 707 Words
    • 4 Pages
    Powerful Essays
  • Best Essays

    The Lego Group Case Study

    • 3243 Words
    • 10 Pages

    Lego bricks still hold special meaning to many young adults who have played with the bricks in their teenage years. I, for one, count among those young adults as I was an avid collector of Lego products myself: whenever there were new Lego products released, I used to nag my parents to buy them for me and promised to be a ‘good boy’. Thus it came quite natural to me that I wanted to investigate the Lego group – the symbol of my childhood nostalgia - as a full case study report for my Strategy for Creative Technology Business class. Established in 1932, the Lego group was the world’s leading toy manufacturer that was embodiment of dream and imagination to children. Parents too, inspired by Lego’s brand image as ‘fostering mental development and creativity for kids’, patronized their products in spite of Lego’s relatively high prices. By the turn of the millennium, however, the changes in the toy industry coupled with expiry on their license, Lego faced huge challenged, reflected in their net loss of 308 million Euros in the early 2000s. Nevertheless, Lego’s exemplarily strategic management practices under its CEO, Knudstorp brought the company back to brilliance and as of 2014, Lego thrives once again as the world’s most competitive toy company. As such as is the case, this essay shall examine Lego groups ‘from riches to rags to riches’ story with a special focus on the strategic management process.…

    • 3243 Words
    • 10 Pages
    Best Essays
  • Good Essays

    Danone Case

    • 8681 Words
    • 35 Pages

    you buy for your children. They start to play, trying to find a way to build the image on the Lego box. At the…

    • 8681 Words
    • 35 Pages
    Good Essays
  • Powerful Essays

    Lego case study analysis

    • 1354 Words
    • 4 Pages

    By the end of 2003 Lego was already facing crisis owing to dipping profits and declining market pool for toys. Lego had planned to expand into markets beyond building toys and needed huge investment to be made in it. But it found difficult to compete when fad players and other toy manufacturers were giving them stiff competition in a market that already was supposed to be giving lesser returns every year. This was mostly due to factors out of the control of Lego and other toy companies because, firstly, a research suggested that the demand of children who were primary customers of these companies were changing rapidly to fashionable and electronic products. They had lesser attention span and looked for instant gratification, and were lesser inclined to play with toys involving physical activity. Also Lego found it difficult to be competitive when its manufacturing base was in European markets while toy companies were moving to Far East and Middle East where labor was comparatively cheaper.…

    • 1354 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Lego Proposal

    • 5701 Words
    • 23 Pages

    I am going to introduce my final major project as a Stop Motion animation working for the Brand Lego. I will be researching the company deeply using the statistics over the last few years to establish what is needed to improve sales and what will help promote recent Themes within the brand using some of the criteria they use to promote themselves such as campaigns on upcoming films like ‘Star wars, Teenage mutant ninja turtles, Disney’s Cars and harry potter.…

    • 5701 Words
    • 23 Pages
    Powerful Essays
  • Powerful Essays

    Starting from going through respective business background then to the challenges faced, and finally recommended HR practices to improve corporate effectiveness, competiveness and sustainability, this analysis has addressed aforementioned of following 3 toy companies: Panda Bear Toys, Caribou Toys and Grizzly Bear Toys. With limited background information provided, several studies have been treated as reference in this analysis, especially the studies of Gubman (1995) and Sheppeck & Militello (2000),describing the relationship between corporate value disciplines and corporate strategies. Value discipline is a framework to describe organizations’ marketplace strategies, and company with different value discipline has its own business goals and culture. With reference to the information provided, the value discipline of Panda Bear, Caribou and Grizzly Bear were identified. They are Product Leadership, Customer Intimacy and Operational Excellence respectively. In addition, macro environment, Toys industry trends and statistics from European Commission (2012)and Toy Industry Association (2012), were taken into consideration throughout the whole analysis.…

    • 1719 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Lego and Company

    • 3202 Words
    • 13 Pages

    In this case study, I will try to find out, proper answers and solutions for my problem proposal. First of all, I will divide analysis into 2 sections: internal (inside of the company) and external (chosen market). In the Internal part I will briefly go through company’s history and existence. After that, I am going to present LEGO’s vision and mission, to get a better insight of company’s goals and attitudes towards their wishes. Also I am going to talk about their value chain, on which steps LEGO is…

    • 3202 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Lego Worlds Analysis

    • 815 Words
    • 4 Pages

    Who doesn’t like Lego? Obviously the developers knew the answer to this question and this is why they came up with this interesting new game where everything and anything is possible. Lego Worlds takes the player to a journey in medieval times where everything is made entirely from Lego. You have the freedom to build, paint, move, copy, paste and even destroy anything. The sky is the limit when it comes to Lego and what you can do with them.…

    • 815 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    safety of lego

    • 389 Words
    • 2 Pages

    The trust the world now shows the LEGO Group has been built up by never compromising on quality, either in terms of product safety or responsibility to employees, customers, suppliers, consumers and the local environment. As a world leader in the area of quality experiences, service and products, we focus on the customer's perception of quality.…

    • 389 Words
    • 2 Pages
    Satisfactory Essays

Related Topics