Jorgen Vig Knudstorp Quotes
What basically happens is that when a company becomes great, and I'm being a bit rude here, people think they're some kind of genius. So now we can move into all sorts of other businesses because the net bottom line is, it's because we're just geniuses. They become overconfident and expand too far.
Citations
Knudstorp, Jørgen Vig. "Lego's CEO on the Company's Turnaround." McKinsey Quarterly, McKinsey & Company, 1 Dec. 2009.
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Jørgen Vig Knudstorp is a Danish businessman, who was the executive chairman and former CEO of the Lego Group. He succeeded Kjeld Kirk Kristiansen.
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