Rishab Singhvi LEGO CASE STUDY Discussion Question: Q.1: How did the information systems and the organization design changes implemented by knudstorp align with the changes in business strategy? Advances in the field of information technology and introduction of new hi-tech form of entertainment such as tablets and gaming consoles had left Lego trailing in the entertainment field. Jorgen Vig Knudstorp was appointed as the CEO to revamp the company’s business process‚ organization structure and
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Introduction The purpose of this paper is to do a case analysis over the Lego brand. We have evaluated the company to find their strengths and weaknesses to find a problem with in the organization. After deciding on the problem several alternatives were introduced. One was decided on by the group and then steps were made to create a plan for implementation as well as goals to reach within an evaluation period. Background LEGO was founded during the Great Depression in 1932 by Danish carpenter
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background The LEGO group is a family owned company with long history. It all began in 1932‚ during the Great Depression‚ the demand of furniture dwindled so drastically that the master carpenter Ole Kirk Kristiansen turned his hands into making wooden
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CUSTOMER-DRIVEN MARKETING STRATEGY FOR LEGO (1) Does LEGOs web site (www.lego.com) help consumers through the buyer decision process LEGOs Mission Statement Inspire and develop the builders of tomorrow. The LEGO brand is more than simply a familiar logo. It is the expectations that people have of the company towards its products and services‚ and the accountability that LEGO feels towards the world around it. The brand acts as a guarantee of quality and originality. Visiting and browsing its
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Strategic Analysis of the 2004 LEGO Group Crisis Abstract LEGO Group is a worldwide‚ well-known toy manufacturing company. In 2004‚ the company was faced with a major financial crisis and a major decision to make. Do they try to save the business or not? Through strategic analysis of the company’s external and internal environments‚ many contributing factors became evident. External Analysis The external environment facing LEGO “consists of many external conditions and forces that have the potential
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Lego case study 1. How did the information systems and the organization design changes implemented by Knudstorp align with the changes in business strategy? Ever since LEGO started experiencing double digit annual sales growth‚ (by launching new toy games‚ branded theme parks‚ entering the video game sector‚ introducing mobile applications‚ introducing toys for girls‚ etc.) they realized they needed a model that was standardized‚ modular and scalable. Hence‚ allowing them to expand to
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1. Do you think LEGO should try to compete with more technologically-advanced toys? Why or why not? Yes‚ they should. I think LEGO need concentrate on some technologically- advanced toys. The reason is that recently‚ the society full of technological toys‚ kids would like their toys with some new characteristics. Society has changed‚ people hope their toys more intelligent and can share their toys with others in order to build good relationship with others‚ so technologically- advanced toys is be
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LEGO -is a line of construction toys . The company’s flagship product consists of colorful interlocking plastic bricks and an accompanying array of gears‚ minifigures and various other parts.Founder: Ole Kirk Christiansen‚ 1934. Lego History The Lego Group began in the workshop of Ole Kirk Christiansen‚ a carpenter from Billund‚ Denmark‚ who began making wooden toys in 1932. It expanded to producing plastic toys in 1947. Lego Trivia 1. The company is named after the Danish phrase leg godt
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toy companies‚ and the difficulty of manufacturing economically. After this crisis‚ Lego was able to pick themselves back up and become innovators around technology‚ mass customization‚ and community to enhance and extend its customer reach. To start off their prosperity‚ they were awarded $178 million from the CEO’s family. This allowed much breathing space for which the company could make a turnaround. Lego workers knew that they had to rationalize and cut costs in areas like supply chain and
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Lego: Embracing Change by Combining BI with a Information System CASE STUDY 1. Brief description and summary of the key issues/problems presented in the case (possibly) including(50) a. What new concept is introduced in this case? In this case ‚ LEGO needs a flexible and robust IT infrastructure with business intelligence capabilities that could help management perform better forecasting and planning. So they chose to implement SAP’s Supply Chain Management (SCM) ‚ Product Lifecycle Management
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