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lego

August 20, 2009

Two iconic family companies explain to Katie Barker how they are thriving in a competitive industry despite the recession thanks to the introduction of professional management and the continuation family values.

When Lego turned to Jorgen Vig Knudstorp as CEO in 2004 he became only the second non-family member to lead the company in its 77-year history. Third-generation Kirk Kjeld Kristiansen had been running the iconic toy giant for 25 years but acknowledged he had lost his way. The business was suffering under a weight of debt and stagnating with management that believed the company was in better shape than it actually was.

September 30, 2008

Mel Stern takes a look at two family-owned businesses that have reaped the rewards of bringing in a turnaround manager

Mel Stern takes a look at two family-owned businesses that have reaped the rewards of bringing in a turnaround manager

November 1, 2005

Jorgen Vig Knudstorp talks to Melanie Stern about his first year as CEO of the Danish family business and toy giant Lego, how he led the company out of a period of financial risk and his mandate to fix the national treasure

Melanie stern is section editor of Families in Business.

Jorgen Vig Knudstorp talks to Melanie Stern about his first year as CEO of the Danish family business and toy giant Lego, how he led the company out of a period of financial risk and his mandate to fix the national treasure

January 1, 2004

The past year has seen exciting developments and activities take place for family businesses at IMD.

The past year has seen exciting developments and activities take place for family businesses at IMD. The key focus remains (since the launch of Leading the Family Business, the first international educational programme for families in business) how to help family businesses become better at what they are doing. A number of research projects address this issue from different angles.

- What is the specific culture of a family business and how can this lead to a competitive advantage?

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