Preview

Ikea

Powerful Essays
Open Document
Open Document
2566 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Ikea
Table of Content Pages

1.0 Introduction..........................................................................................................2
2.0 The company’s work environment.......................................................................2
3.0 Strategic management illustrated in the organization...........................................3
4.0 The success of the organization due to external or internal factors ......................5
5.0 Various motivation theories and employee motivation..........................................7
6.0 Biggest challenge in keeping employees motivated...............................................9
7.0 Conclusion.............................................................................................................10
References....................................................................................................................11

1.0 Introduction
This report we chose the organization is IKEA, we will discuss the company 's work environment in IKEA and strategic management illustrated in the IKEA organization. Follow by discuss the success of the IKEA due to external or internal factors and the is the IKEA doing a lot to retain talented employees, as well as biggest challenge in keeping employees motivated. IKEA (IKEA) was created in 1943 in Sweden .IKEA 's procurement mode is the mode of global procurement, set up 16 procurement trade zone in the world.

2.0 What is it like to work in the chosen organization? What is your assessment of the company’s work environment?

IKEA provides staff with a good and humane working environment. Such as stores and office buildings are IKEA designed and built by IKEA IKEA 's work environment in accordance with IKEA 's own style decoration, the color of the working environment here is very bright. IKEA there is a large, bright, well-designed staff restaurant, employees can enjoy all drinks



References: ❖ Armitstead, Louise (October 1, 2010). "Ikea". The Daily Telegraph (London). ❖ Reuters (January 8, 2008) IKEA mulls joint venture with Bosnia furniture maker. ❖ Ingvar Kamprad and IKEA". Harvard Business School Publishing, Boston, MA, 02163. 1996 ❖ Global Players: Ingvar Kamprad, Founder and Chief Advisor, IKEA FAQ". IKEA.com. February 11, 2008. ❖ IKEA: Flat-pack accounting". The Economist. May 11, 2006. ❖ Granskningen av Ikea ett brett samarbetsprojekt". SVT.se. January 26, 2011. ❖ Ingvar Kamprad bekräftar stiftelsen i mejl till TT". SVT.se. January 26, 2011. ❖ Collins, Lauren (October 3, 2011). "House Perfect". The New Yorker.

You May Also Find These Documents Helpful

  • Good Essays

    This division will be the base of the Ikea’s successful future. Dividing the management into these two segments, gave them the possibility to keep on going with the traditional Scandinavian culture; and on the other hand, improve and innovate in the European market.…

    • 853 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Ikea Invades America

    • 1921 Words
    • 8 Pages

    IKEA is an international company which designs house products and sells them in the form of ready to assemble furniture. It is one of the world’s largest furniture companies. It is founded by17 years old Ingvar Kamprad in Sweden in 1943. The most important fact about the company is the attention to control the cost of the products, which allows them to lower the prices. Even today they are continuing to expand in the world by looking forward to new product developments. The number of stores of IKEA in the United States is 14 at the moment and they aim to have 50 stores by 2013.…

    • 1921 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    IKEA’s wide global approach and its relationship with its new workforce specially when they establish new business in new culture and country and their management how…

    • 673 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    The most immediate threat to IKEA is the difficulty in finding employees who will accept and adapt to IKEA’s philosophy. Job security is a tremendous issue with modern-day employees. Often, employees are more concerned with doing a mediocre job to secure their position than to take risks and be creative due to a fear of losing their job. Current economics has instilled a fear in employees that hinders creativity and the offering of suggestions and ideas.…

    • 1864 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Position Analysis of Ikea

    • 3756 Words
    • 16 Pages

    IKEA was founded by Ingvar Kamprad on 1943 and The Company managed an asset of 15 co-workers and it bid the start of expansion including a number of furnishing for home, stores and companies. The success of the IKEA is explained through the relationship of the three ideas that are involved in the business – the entrepreneur, the business idea, and the company culture.…

    • 3756 Words
    • 16 Pages
    Powerful Essays
  • Good Essays

    IKEA case study

    • 1008 Words
    • 5 Pages

    IKEA has operated for over 60 years now, with operations all over the globe. The company success is seen in different parts of the company from offering affordable products, sustainable products with great designs and functional organization. With out forgetting their strong supply chain, which is considered to be among the top companies that can manage their global operations effective and efficiently.…

    • 1008 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Introduction Ikea

    • 998 Words
    • 4 Pages

    Through the efficient training of the staff and the scientific assessment system, it makes the IKEA employees to take “IKEA smile” face the customer. IKEA implement the standardization in its human…

    • 998 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Ikea

    • 3027 Words
    • 13 Pages

    Johnson, Gerry; Scholes, Kevan & Whittington, Richard &, (2008) "IKEA: how the Swedish retailer became a global cult brand" from Johnson, Gerry; Scholes, Kevan & Whittington, Richard &, Exploring corporate strategy : text & cases pp.708-711, Harlow: Financial Times Prentice Hall ©…

    • 3027 Words
    • 13 Pages
    Good Essays
  • Good Essays

    IKEA

    • 584 Words
    • 3 Pages

    IKEA it has created a strong system to interact with customer creating customer satisfaction with an online help guide. Not only is this good interaction and follow up for customers but also it is environmentaly friendly and sustainable.…

    • 584 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Sweden's Ikea

    • 1019 Words
    • 5 Pages

    Established in the 1940s in Sweden by Ingvar Kamprad, IKEA has grown rapidly in recent years to become one of the world's largest retailers of home fur¬nishings. In its initial push to expand globally, IKEA largely ignored the retailing rule that international suc¬cess involves tailoring product lines closely to national tastes and preferences. Instead, IKEA stuck with the vision, articulated by founder Kamprad, that the com¬pany should sell a basic product range that is "typically Swedish" wherever it ventures in the world. The com¬pany also remained primarily production oriented; that is, the Swedish management and design group decided what it was going to sell and then presented it to the worldwide public—often with little research as to what the public wanted. The company also emphasized its Swedish roots in its international advertising, even insisting on a "Swedish" blue and gold color scheme for its stores.…

    • 1019 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Ikea’s Management Style

    • 696 Words
    • 3 Pages

    success, we can notice that Ikea’s management style is informal, open, and caring. Hierarchy is…

    • 696 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    IKEA Case Study

    • 2311 Words
    • 7 Pages

    Ikea’s differentiation strategy of offering high quality furniture at prices lower than competitors has led to its success as the top furniture retailer. They have designed their price reduction strategies in a way that makes it very difficult for competitors to copy furniture or business ideas and have a similar success rate. After reaching global sales of twelve billion dollars, Ikea was recognized as the top furniture retailer in 2002. The company’s brand differentiation strategy consisted of furniture designed for self-assembly, self-service warehouses, and retail stores that assess more than just furniture needs. Ingvar Kamprad opened the first Ikea retail store in Sweden in the 1950’s and has kept core principles similar such as keeping Scandinavian furniture designs and reducing unnecessary expenses.…

    • 2311 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Ikea

    • 7020 Words
    • 29 Pages

    The most successful retailer for mass market in the world is known to be IKEA which sells Scandinavian style home furnishings and other house goods in 301 stores in 41 countries. IKEA hosted 522 million shoppers last year. IKEA is a short word which stands for Ingvar the first name of the owner, Kamprad the last name of the owner, Elmtaryd the name of the farm where Ingvar grew up in, and Agunnaryd the name of the village near to Ingvar’s childhood home. IKEA was founded in 1943 when Ingvar’s father gave him money for his high grades in school, Ignvar was 17 years old back then. Ignvar started selling products to his customer by going to their houses and selling pens, wallets, picture frames, table runners, watches, jewelry and nylon stockings. In 1945, IKEA was advertised in the local newspaper for the first time and he developed a catalog for his products. In 1948 furniture was introduced to IKEA and within five years the first IKEA store opened in Sweden where the customers were able to see and touch the furniture of IKEA for the first time before ordering and purchasing them. IKEA started designing their own furniture in 1956 after competitors were pressuring suppliers to boycott IKEA and stop supplying them. This is made by approximately 1,500 suppliers located in more than 50 countries across the world. The idea of flat packaging came when an employee in Ikea disassembled the legs of a table to be able to fit it in the car to transport it. This was also done so the table doesn’t get damaged while transported. By 1970, IKEA has expanded and opened stores in different parts in the world, adding to them the IKEA restaurant. In 2000, IKEA initiated a project in India against child labor in cooperation with the UNICEF where more than 80,000 children were provided with education rather than being pulled into child labor. In that same year, IKEA’s customers were given the option to shop online. By 2006 IKEA has opened more than 200 stores around the…

    • 7020 Words
    • 29 Pages
    Powerful Essays
  • Best Essays

    Ikea Hr

    • 4367 Words
    • 18 Pages

    In this assignment I chose IKEA as a company to illustrate the activities of the human resource department. Choosing IKEA was for their reputation in term on effectiveness in the application of the HR principles, and their reputation for being a company that people want to work for. Also to discuss some of the issues…

    • 4367 Words
    • 18 Pages
    Best Essays
  • Powerful Essays

    Ikea Stpd

    • 1345 Words
    • 6 Pages

    Thomas Bergström (Chairman and CEO), Omar Gulay (President and CEO, Inter IKEA Group), Sören Hansen (VP and CFO, Inter IKEA Group)…

    • 1345 Words
    • 6 Pages
    Powerful Essays