International Human Resource Management in Ikea
Санкт-Петербургский Государственный Университет
Высшая школа Менеджмента
International human resource management in IKEA
Final Group Project
2013
Contents
Description of the company 2
IHRM strategy 5
IHRM instruments 6 Recruitment 6 Selection 7 Expatriate issues 8 Development 9 Performance appraisal 9 Trainings 10 Compensation system 11
Special points in IKEA’s IHRM Practice 13
Problems and recommendations 14 SWOT-analysis 14 Problems 15 Recommendations 16
Description of the company
IKEA is a privately held, international company that designs and sells ready-to-assemble furniture such as beds, chairs, desks, appliances and home accessories. The company is the world's largest furniture retailer. Founded in Sweden in 1943 by 17-year-old Ingvar Kamprad, who later became one of the richest people in the world, the company's name is an acronym comprising the initials of the founder's name (Ingvar Kamprad), the farm where he grew up (Elmtaryd), and his hometown (Agunnaryd, in South Sweden). The company is known for its modern architectural designs on various types of appliance and furniture, often associated with a simplified eco-friendly interior design.
In addition, the firm is known for the attention it gives to cost control, operational details and continuous product development, allowing it to lower its prices by an average of two to three percent over the decade to 2010, while continuing its global expansion .
The company originated in Sweden. However it is currently headquartered in Delft, Netherlands. IKEA distributes its products through its retail outlets. It has 332 stores in 38 countries. In fiscal year 2012, its revenues exceeded $27 billion, making it the bigget seller of furniture in the world. The IKEA website contains about 12,000 products and is the closest representation of the entire IKEA range. IKEA is the world's third-largest consumer of wood, behind The Home Depot and Lowe's.
On the whole, the bulk of
Высшая школа Менеджмента
International human resource management in IKEA
Final Group Project
2013
Contents
Description of the company 2
IHRM strategy 5
IHRM instruments 6 Recruitment 6 Selection 7 Expatriate issues 8 Development 9 Performance appraisal 9 Trainings 10 Compensation system 11
Special points in IKEA’s IHRM Practice 13
Problems and recommendations 14 SWOT-analysis 14 Problems 15 Recommendations 16
Description of the company
IKEA is a privately held, international company that designs and sells ready-to-assemble furniture such as beds, chairs, desks, appliances and home accessories. The company is the world's largest furniture retailer. Founded in Sweden in 1943 by 17-year-old Ingvar Kamprad, who later became one of the richest people in the world, the company's name is an acronym comprising the initials of the founder's name (Ingvar Kamprad), the farm where he grew up (Elmtaryd), and his hometown (Agunnaryd, in South Sweden). The company is known for its modern architectural designs on various types of appliance and furniture, often associated with a simplified eco-friendly interior design.
In addition, the firm is known for the attention it gives to cost control, operational details and continuous product development, allowing it to lower its prices by an average of two to three percent over the decade to 2010, while continuing its global expansion .
The company originated in Sweden. However it is currently headquartered in Delft, Netherlands. IKEA distributes its products through its retail outlets. It has 332 stores in 38 countries. In fiscal year 2012, its revenues exceeded $27 billion, making it the bigget seller of furniture in the world. The IKEA website contains about 12,000 products and is the closest representation of the entire IKEA range. IKEA is the world's third-largest consumer of wood, behind The Home Depot and Lowe's.
On the whole, the bulk of