Remove 2012 Remove Radical Innovation Remove Underperforming Technical Team Remove Video
article thumbnail

When innovation led to a reversal of fortunes

hackerearth

Lego overcame its near-demise situation when the then president, Kjeld Kirk Kristiansen, decided that innovation was the only way out in 2001. Video games became more popular. That is the lesson learned at Lego — just in time,” says David Robertson, Professor of Practice teaching Innovation and Product Development at Wharton.