Lego Executive Chairman: Create a Separate Structure

Lego executive chairman and former CEO Jorgen Vig Knudstorp talks about Future Lab, a separate team the company set up to explore new avenues for growth.

By Scott Kirsner · November 3, 2015 · 1 min read

The former chief executive of Lego Group, Jorgen Vig Knudstorp, says that established companies, at their core, do two kinds of work: exploitive and exploratory. Exploitive work involves finding ways to wring more revenue from today’s products and services, and exploratory work…

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