2004, Consulting and Turnaround - Management Consulting Connection

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2004

Consulting

Turnaround

At LEGO, Growth and Culture Are Not Kid Stuff

BCG

JANUARY 19, 2017

The turnaround of the LEGO Group is one of the famous business stories of this century. A victim of overexpansion and brand dilution, LEGO was on the brink of bankruptcy in 2004, when Jørgen Vig Knudstorp became the CEO. He was a 35-year-old former academic and consultant who quickly gained a reputation as a turnaround artist.

Turnaround

Turnaround Culture Video Interviews

Outsider CEOs Are on the Rise at the World’s Biggest Companies

Harvard Business

APRIL 19, 2016

That’s nearly double the rate from 2004 to 2007. Outsiders, in effect, have become more of an intentional leadership choice than a stereotypical hire in a turnaround or crisis situation. Planned successions exclude mergers and acquisitions, as well as situations when CEOs are abruptly forced out.) one of the authors of the study.

Company

Company Study Recruiting Recruitment

At LEGO, Growth and Culture Are Not Kid Stuff

Outsider CEOs Are on the Rise at the World’s Biggest Companies

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