Subject category:
Strategy and General Management
Published by:
International Institute for Management Development (IMD)
Notes: File size 1.26GB. Click for more information.
Abstract
This video is to accompany the case 'New Business in the LEGO Group: LEGO Mindstorms' (IMD-3-0864). The abstract of the case is as follows: This case charts the development of LEGO MINDSTORMS - a product built around a programmable LEGO brick containing a computer chip - which bridges the toy and computer industries. LEGO established a strategic project team to develop this idea into a marketable product, which the MINDSTORMS team did while operating at extremely high speed and using what LEGO's core business would consider highly non-traditional management techniques. The core business operation is also described along with some of the change initiatives it had undertaken. The case ends with a senior management dilemma: should the MINDSTORMS business and team be integrated into LEGO's core operations following its successful launch or should MINDSTORMS be set up as a separate business within the LEGO Group?
Location:
Industry:
Size:
10,000 employees, approx USD1 billion revenues
Other setting(s):
1999
About
Abstract
This video is to accompany the case 'New Business in the LEGO Group: LEGO Mindstorms' (IMD-3-0864). The abstract of the case is as follows: This case charts the development of LEGO MINDSTORMS - a product built around a programmable LEGO brick containing a computer chip - which bridges the toy and computer industries. LEGO established a strategic project team to develop this idea into a marketable product, which the MINDSTORMS team did while operating at extremely high speed and using what LEGO's core business would consider highly non-traditional management techniques. The core business operation is also described along with some of the change initiatives it had undertaken. The case ends with a senior management dilemma: should the MINDSTORMS business and team be integrated into LEGO's core operations following its successful launch or should MINDSTORMS be set up as a separate business within the LEGO Group?
Settings
Location:
Industry:
Size:
10,000 employees, approx USD1 billion revenues
Other setting(s):
1999