How LEGO Nearly Collapsed Chasing Everything But the Brick
TL;DR: In 2003, LEGO was losing approximately $1 million per day after expanding into clothing, theme parks, video games, and other ventures far from its core plastic-brick business. The company’s turnaround came when new leadership refocused on fewer, better products and tightened operational discipline, demonstrating that sustainable growth often means doing less, not more. By … Read more