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Lego Case Analysis
Transcript of Lego Case Analysis
2009 Lego was the 5th largest manufacturer of toys.
Lego Brick was the company's main product.
The name 'LEGO' is an abbreviation of the two Danish words "leg godt", meaning "play well". Obstacle 1 Obstacle 2 Obstacle 3 Goal Start SWOT Analysis Recommendations Lego Case Analysis Kristina, Rachel, Jessica,
Sarah, & Emily Vision
"Inspire children to explore and challenge their own creative potential." Company Profile External Analysis Strengths:
-Globally Diverse Markets
-Adapting to Market Trends
-Easy to Expand Brand
-Market Trend Changes
-Dependence on Global Markets Financial Analysis Corporate Strategy Business (Competitive) Strategy - Differentiation Strategy
-"We want to be the best, not the biggest."
- Jørgen Vig Knudstorp, CEO
-New product development and innovation
-Create a synergy between physical play and
-Targeting Middle Class Families 1. Lower Prices
2. More licenses - i.e. Disney Princesses
3. Explore more low cost production options Adventurous journey
Sustainability and Progress goals Financial Crisis Between 1988 until 2004
Thirty percent decrease in revenues
By 2004, a ten percent decrease in revenues
Company manufacturing and distribution
Problems with free rein design Product Characteristics Unlimited play potential
For girls and for boys
Fun for every age
Healthy, quiet play
Long hours of play
Development, imagination, creativity
The more LEGO, the greater the value
Extra sets available
Quality in every detail