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

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

LEGO, the colourful building blocks that have get a staple from the modern toy box, commenced life in 1932 because the brainchild of Ole Kirk Christiansen. His first items were timber toys, nonetheless he before long turned to plastic-type material bricks following the Great Depression strike and this individual discovered that that were there a lot of potential as a positive play application.

Toy Enterprise History: Creators, Innovation plus the Power of Product Development

The PROFANO Group’s early years were a period of time of strong progress. It grew from its beginnings as a one-man shop in Billund, Denmark, to an worldwide model manufacturer that made toys and fashion accessories for children numerous.

But with increasing competition from other toy companies, LEGO management struggled to keep up. These were forced to enhance the amount of toys and games they manufactured, but product sales slowed and profitability began to decline.

They’d to compete with other companies that produced very similar toys cheaper. They were also faced with elevating demands coming from larger merchants that necessary more range and quicker shipments.

It absolutely was a time of growing with regard to toys that educated, and entertained, kids. Educators developed using LEGOs in classes for a number of reasons.

In 80, the SEGLAR Group set up a special department to expand the educational prospects. The new Division of Education, later renamed PROFANO Dacta, was created to research and develop elements that could be found in the class to enhance learning and creativeness.






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