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Innovation lessons from Lego

Jeffrey Phillips

In strange and disappointing news, Lego announced that it was facing dire sales projections , with growth slowing from over 25% per year to low single digits. What we are seeing now is the aftermath of too little innovation and too much marketing. What lessons can we learn? Those days are over.

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Learning to be Innovative – Future Building’s Crucial Role in Driving Innovation Impact

Imaginatik

Download the paper now: The Art of the Possible – Future Building’s Crucial Role in Driving Innovation Impact ]. Nearly all of their brands were struggling with stagnant or declining market share. An obvious example is a clue from 2011 – the public launch of Uber’s ride-sharing program in San Francisco. Get the facts!

Learning 100
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Innovation is a Company Wide Responsibility

ImagineNation

They’ll talk about how the Growth Team needs to consist of creative people chosen for their ability to think broadly and seek out new things, while the Current Business team is expected to just keep turning the engine that generates profits through servicing existing customers and markets. The “business as usual” program will always win.

Company 52
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Guest Blog – Innovation is a Company Wide Responsibility

ImagineNation

They’ll talk about how the Growth Team needs to consist of creative people chosen for their ability to think broadly and seek out new things, while the Current Business team is expected to just keep turning the engine that generates profits through servicing existing customers and markets. The “business as usual” program will always win.

Company 40