More from the Author

• Case | HBS Case Collection | 2013

  LEGO (A): The Crisis

  Jan W. Rivkin, Stefan H. Thomke and Daniela Beyersdorfer

  As this case opens, iconic toymaker LEGO stands on the brink of bankruptcy. Jørgen Vig Knudstorp, LEGO's young and newly appointed CEO, must size up changes in the toy industry, learn from the company's recent moves, and craft a strategy that will put LEGO back on track.

  Keywords: Organizational Change and Adaptation; Change Management; Competitive Strategy; Crisis Management; Insolvency and Bankruptcy; Consumer Products Industry;

  Citation:

  Rivkin, Jan W., Stefan H. Thomke, and Daniela Beyersdorfer. "LEGO (A): The Crisis." Harvard Business School Case 713-478, February 2013.

  CiteView DetailsPurchase

  Related

• Article | Harvard Business Review | September 2012

  Bringing Science to the Art of Strategy

  A. G. Lafley, Roger L. Martin, Jan W. Rivkin and Nicolaj Siggelkow

  For all its emphasis on data and number crunching, conventional strategic planning is not actually scientific. It lacks the hypothesis generation and testing that's at the heart of the scientific method. To produce novel and successful strategies, teams need to adopt a step-by-step process in which creative thinking yields possibilities, or hypotheses, and rigorous analysis tests them. They should ask what must be true for a given possibility to succeed—and explore whether those conditions hold.

  Citation:

  Lafley, A. G., Roger L. Martin, Jan W. Rivkin, and Nicolaj Siggelkow. "Bringing Science to the Art of Strategy." Harvard Business Review 90, no. 9 (September 2012).

  CiteView DetailsFind at HarvardPurchase

  Related

• Case | HBS Case Collection | 2012

  LEGO

  Jan W. Rivkin, Stefan Thomke and Daniela Beyersdorfer

  LEGO has emerged as one of the most successful companies in the toy industry. The case describes LEGO's gradual rise, rapid decline, and recent revitalization as it is keeping up with a changing market place. Central to LEGO's management model is the ability to find the right balance among growing through innovation, staying true to its core, and controlling operational complexity.

  Keywords: competitive strategy; innovation management; innovation; operations management; organizational change and transformation; Operations; Competitive Strategy; Innovation and Management; Innovation Strategy; Organizational Change and Adaptation; Entertainment and Recreation Industry;

  Citation:

  Rivkin, Jan W., Stefan Thomke, and Daniela Beyersdorfer. "LEGO." Harvard Business School Case 613-004, July 2012.

  CiteView DetailsPurchase

  Related