Some of the best learning happens when you read stories about real people and real companies. Read them for ideas, for lessons, and inspiration. This week’s stories and strategies from real life are about Louis Vuitton, Lego, PPG Industries, Hard Rock Cafe, and Lynchburg General Hospital.
“Controlling almost all distribution turned Louis Vuitton into a globally competitive force.”
From the Christian Science Monitor: Lego is world’s largest toy company thanks to ‘Lego Movie’ success
“Lego says its revenue soared 11 percent in the first six months of 2014, mostly because of the success of the ‘Lego Movie.’ The Danish toy maker said Thursday that it was ‘thrilled’ by the success.”
“Under CEO Charles Bunch’s leadership, PPG Industries has concentrated on its coatings business and divested most of its glass and chemicals operations. This has enabled the company to emerge from the recession a leaner, meaner, more focused manufacturing machine.”
“The business of themed restaurants is strewn with bankruptcies and closings, but at the Hard Rock Cafe, the music just keeps playing — and its newest location at the Mall of America shows why.”
From Rebecca Goldberg, Elliott Weiss and Chris Thomson: Innovation helps Lynchburg General Hospital serve emergency patients better
“The big idea: Innovations in emergency-department management at a southwest Virginia hospital — Lynchburg General Hospital — have much to teach us about the best ways to manage resources to serve more patients.”