When innovation led to a reversal of fortunes
hackerearth
MAY 12, 2017
In 2004, CEO Knudstrop embarked on a back-to-the-basics journey, and went from a loss of $292 million that year to a profit of $117 million in 2005. Controlled innovation has clearly worked. Lego has managed to wring sustainability by adopting the Lean startup approach. Bionicle” was the only saving grace.
Let's personalize your content