4.8 • 186 Ratings
🗓️ 17 September 2025
⏱️ 53 minutes
🧾️ Download transcript
How do you build bridges between generations? Nicolai Tangen sits down with Niels B. Christiansen, CEO of LEGO, to explore the building blocks of this remarkable Danish company. They discuss how LEGO competes for children's time in our digital age, the risks and rewards of rapid growth, and the unique advantages of being a family-owned business. Niels shares insights about fostering creativity in product design, learning from failure through 'After Action Reviews,' and how AI might transform the future of LEGO creation. The conversation also touches on the intergenerational magic that keeps LEGO bricks connecting families across decades, inspiring countless young minds to become tomorrow's builders and engineers. Tune in for an insightful conversation!
In Good Company is hosted by Nicolai Tangen, CEO of Norges Bank Investment Management. New full episodes every Wednesday, and don't miss our Highlight episodes every Friday.
The production team for this episode includes Isabelle Karlsson and PLAN-B's Niklas Figenschau Johansen, Sebastian Langvik-Hansen and Pål Huuse. Background research was conducted by David Høysæter and Oscar Hjelde.
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| 0:00.0 | Hi everyone. Today we are exploring the building blocks of one of the world's most beloved brands, Lego. |
| 0:07.0 | And I'm here with Nils Christensen, who's led Lego since 2017, and we are going to learn about their remarkable business model and what makes this company so special. |
| 0:17.0 | So, warm welcome, Nils. Thank you very much. |
| 0:32.3 | So I was on the train last weekend, down from the Norwegian Mountains, |
| 0:34.8 | and I happened to sit next to this lady. |
| 0:39.1 | And I was preparing for this podcast. And I asked her, hey, |
| 0:46.0 | what would you, what would you, what do you want to ask the CEO of Lego? And then she went completely silent. And she said, if you meet the CEO of Lego, you have to thank him for |
| 0:53.0 | having made my 16-year-old son interested in engineering. |
| 0:57.0 | Fantastic. |
| 0:58.0 | So on behalf of her and millions of others, you know, thank you for what you have done. |
| 1:03.0 | It's incredible. |
| 1:04.0 | So let's just start at the top. |
| 1:05.0 | What does it really mean to inspire and develop the builders of tomorrow? |
| 1:09.0 | Because that's what you say you're doing. |
| 1:10.0 | Yeah. It of course takes the outset in children, and we believe that children are our role models |
| 1:16.5 | in the way they do, the creative way they attack the world. And we know that we actually provide |
| 1:22.0 | something that helps children acquire some of the skills they need to live in society, more basic skills that when we actually |
| 1:28.7 | teach children in school. And I think what we learned over the years, that's very applicable |
| 1:33.1 | to children. But it's actually applicable to all of us. Why do they love building things? |
| 1:38.0 | Yeah, I guess it's about this. It's about the creativity, I the creativity that's built into us people. |
| 1:44.7 | I think everything from when we, back 5,000 years ago, we were making a hammer out of stone |
| 1:50.1 | where this desire and drive to create things. |
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