Model Company Record – Creators, Innovation and the Power of Product Development

From a carpenter in Billund, Denmark, to a world-renowned toy supplier.

LEGO, the colourful building blocks that have get a staple with the modern doll box, started life in 1932 since the brainchild https://lego-x.com/2021/12/10/places-to-take-your-kids of Ole Kirk Christiansen. His first goods were wood toys, but he in the near future turned to vinyl bricks after the Great Depression strike and this individual discovered that they had a lot of potential as a positive play software.

Toy Business History: Inventors, Innovation plus the Power of Product Development

The LEGO Group’s early years were a moment of extreme progress. It grew from its origins as a one-man shop in Billund, Denmark, to an international plaything manufacturer that made toys and gadgets for children numerous.

But with raising competition from all other toy companies, LEGO command struggled to keep up. These folks were forced to enhance the amount of gadgets they created, but sales slowed and profitability began to decline.

That they had to take on other companies that produced related toys at a lower cost. They were also faced with raising demands right from larger stores that necessary more selection and more quickly shipments.

It was a time of growing with regard to toys that educated, as well as entertained, youngsters. Educators begun using LEGOs in sessions for a number of reasons.

In 80, the SEGLAR Group proven a special department to expand their particular educational choices. The new Division of Education, later renamed LEGO Dacta, is made to research and develop elements that could be applied to the class to enhance learning and creativity.

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