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IKEA of Leadership and Management - Essay Example

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IKEA of Leadership and Management

Opportunities of IKEA………………………………………………………………...7 3.1.4. Threats of IKEA……………………………………………………………………….8 4. Complexities of the Environment……………………………………………………….. 8 5. Key Business Challenges and a Rationale for a Leadership and Management Challenge Underlying IKEA……………………………………………………………………….…9 6. Leadership within IKEA………………………………………………………………..…9 6.1. Problems with the Current Situation of Leadership……………………………………..11 6.2. Options for Improving Current Leadership Situation at IKEA through Application of Models…………………………………………………………………………………....13 7. Recommendations to address the major challenges IKEA is facing………………….....17 7.1. Factors that may affect implementation of recommendation……………………….…...19 7.2. Conclusion…………………………………………………………………………….....21 8. ...
The paper utilized SWOT as an environmental model in the analysis of the internal and external environment. It has also provided appropriate recommendation measures that relate to the development and implementation of effective organizational plans for appropriate leadership and management and the impacts it may have on organizational success. IKEA 1. Introduction IKEA is a privately owned company that specializes in the production of furniture such as beds and desks. It is rated the world’s largest home products company that deals with design and sale of home accessories as well as ready-to-assemble furniture. IKEA was founded in 1943 by Ingvar Kamprad in Sweden. It operates in 55 countries and has a total of 76, 000 employees. IKEA is recognized world wide for its wide variety of products, flat storing, affordability as well as high class models. IKEA has developed over the years leading to the establishment of other branches of the company in various states. All the branches of IKEA are controlled by a Dutch Corporation known as INGKA Holding B. V. The company has developed properties which have to be managed effectively to ensure no losses are incurred and to ensure that it continues to operate without any obstacles. IKEA’s intellectual property is, therefore, controlled by various corporations which are under the Netherlands Antilles and also the Interogo Foundation in Liechtenstein. Various activities are undertaken at IKEA that enable the company to be successful in its operations. Manufacturing, purchasing as well as supplying functions have to be effectively carried out by the responsible parties to ensure that the business performs efficiently. Industrial Group of Swedwood is responsible for sourcing the manufacture of ...Show more

Summary

Table of Contents 1. Introduction……………………………………………………………………………….3 2. IKEA’s Marketing Strategies…………………………………………………………….4 3. Analysis of IKEA………………………………………………………………………… 6 3.1…
Author : ckris
IKEA of Leadership and Management essay example
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