Brick by Brick: How LEGO Rewrote the Rules of Innovation and Conquered the Global Toy Industry
by David Robertson
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Sometimes radical yet always applicable, Brick by Brick abounds with real-world lessons for unleashing breakthrough innovation in your organization, using LEGO--which experienced one of the most remarkable business transformations in recent history--as a business model. As LEGO failed to keep pace with the revolutionary changes in kids' lives and began sliding into irrelevance, the company's leaders implemented some of the business world's most widely espoused prescriptions for boosting show more innovation. Ironically, these changes pushed the iconic toymaker to the brink of bankruptcy, showing that what works in theory can fail spectacularly in the brutally competitive global economy. It took a new LEGO management team--faced with the growing rage for electronic toys, few barriers to entry, and ultra-demanding consumers (ten-year old boys)--to reinvent the innovation rule book and transform LEGO into one of the world's most profitable, fastest-growing companies. Along the way, Brick by Brick reveals how LEGO: - Became truly customer-driven by co-creating with kids as well as its passionate adult fans - Looked beyond products and learned to leverage a full-spectrum approach to innovation - Opened its innovation process by using both the "wisdom of crowds" and the expertise of elite cliques - Discovered uncontested, "blue ocean" markets, even as it thrived in brutally competitive red oceans - Gave its world-class design teams enough space to create and direction to deliver built a culture where profitable innovation flourishes Whether you're a senior executive looking to make your company grow, an entrepreneur building a startup from scratch, or a fan who wants to instill some of that LEGO magic in your career, you'll learn how to build your own innovation advantage, brick by brick. show lessTags
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Member Reviews
Brick by Brick contained more business jargon than I cared for (which is, I suppose, none) - yet Robertson explains in great detail how LEGO lost its way in the late 90s and early 00s and how, on the brink of bankruptcy, the company refocused on its strengths and reconnected with its core customers.
Too much about certain broad, canonical business strategies ("reach for blue ocean markets") and LEGO's failures, or rather failed timing, applying these strategies, but maybe that is just how business book are. The thing that keeps the book floating is the particular case - the Lego brick.
I found the history of lego from its beginnings to close demise and finally it's meteoric rise a very interesting read. When it comes to shaping the how's and whys into a clear set of achievements and how to's is another thing.
Like a business case. Very dry. Not a lot of background on the people.
I found the history of lego from its beginnings to close demise and finally it's meteoric rise a very interesting read. When it comes to shaping the how's and whys into a clear set of achievements and how to's is another thing.
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- Members
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- Popularity
- 140,476
- Reviews
- 5
- Rating
- (3.48)
- Languages
- English, French
- Media
- Paper, Audiobook, Ebook
- ISBNs
- 10
- ASINs
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