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I by IMD Podcasts

Niels Christiansen, how did LEGO regain momentum?

12 hours ago • by Jean-François Manzoni in I by IMD Podcasts • Podcast availablePodcast available

LEGO CEO Niels Christiansen on simplification, sustainability, and competing for children’s attention....

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What does it take to lead one of the world’s most loved brands — and still admit it had become too slow, too complex, and too hard to move?

 

In this CEO Dialogue, LEGO CEO Niels Christiansen discusses with IMD’s Jean-François Manzoni how he simplified the organization, empowered local teams and expanded beyond children to adult fans. He explains why LEGO opened stores when others were closing them, why “the basis is physical” even in a digital world, and why sustainability remains a long-term investment even when “consumers are (…) not willing to pay for it.”

When Christiansen took over as CEO in 2017, he stepped into a company that had “stalled”. Today, LEGO Group has grown into the world’s largest toy company, with revenues exceeding €11bn ($12.8bn) and around 34,000 employees worldwide. It is one of the most remarkable brand stories in modern business.

Listen in to understand how LEGO rebuilt momentum — not through grand slogans, but through disciplined execution.

Expert

Niels B Christiansen

President & Chief Executive Officer, the LEGO Group; CEO, LEGO Holding

Niels Christiansen joined the LEGO Group as CEO in 2017 after leading Danfoss. Under his leadership, LEGO has expanded its retail footprint, invested in sustainable materials, strengthened digital play experiences, and continued to rank among the world’s most loved brands.

Authors

Jean-François Manzoni

Professor of Leadership, Organizational Development and Corporate Governance

Jean-François Manzoni (JFM) is Professor of Leadership, Organizational Development and Corporate Governance at IMD, where he served as President and Nestlé Professor from 2017 to 2024. His research, teaching, and consulting activities are focused on leadership, the development of high-performance organizations and corporate governance. In recent years JFM has also been increasingly focused on finding ways to ensure leadership development interventions have lasting impact, particularly through the use of technology-mediated approaches, and on closing the growing managerial “knowing-doing gap”, i.e., the gap between what managers kind of know they should be doing and the extent to which they actually behave that way in practice.

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