Essays on Ingvar

IKEA: Case Study Summary

IKEA The world’s largest furniture retailer, IKEA, was founded in 1943, Sweden. The company assumed its current position as primarily a furniture business after Ingvar Kamprad, its founder, started selling furniture through IKEA five years later. The expansion of IKEA into different countries in Europe and then subsequently to other continents could be regarded as one of the historically significant event that led to modern globalization. As of today, IKEA is operating a sum of 384 stores and in 48 countries. This essay is an attempt to outline the working principle of IKEA, its organizational structure, corporate culture, ...

IKEA Company

IKEA Company

IKEA globally

IKEA is a Swedish-based multinational corporation that deals with designing and manufacturing of home accessories, appliances, and furniture. The company began in 1943 in Sweden, Agunnaryd town, Eimtaryd farm by Ingvar Kamprad. Notably, the firm derives its name as an acronym of the founder and his hometown(Freden, 2015). Although the business started small as a mail-order enterprise, it has grown to a worldwide company with specialization in furniture retail. Mainly, IKEA has stores in Germany, UK, USA, France, Hong Kong, Japan, China, Singapore, Canada, Australia, and Spain. Besides, it has its five biggest stores in the ...

IKEA Company: Is the Company Success Sustainable?

Report

Abstract IKEA today is more than a company, it is a community of highly motivated people who share the company’s values, mission, and goals. Being one of the global leaders in the sphere of household goods production, IKEA adheres to the proactive position in environmental and social issues justifying the branded idea of creating a more sustainable home life. In this paper, the sustainability factors affecting the success of the company on the international arena are analyzed. IKEA presented an unrivaled consistency in the realization of various ecological and social projects, in cooperation with suppliers and partners ...

Artful scenario spinning is a form of convergent thinking about divergent futures

Steward Brand was in essence explaining the concept of scenario thinking from a broader perspective. Indeed, scenario planning passes out as a courageous look into the future. As Brand puts it, scenario thinking focuses on predicting the future outcomes of decision models. In this regard, scenario planning can be rightly perceived as a thought process of the divergent futures. However, the requirement to pool the thought processes together to come up with a comprehensive state of affairs brings out the convergence of thought. Brand later observes this as convergent thinking of the divergent futures. In addition, one would want to consider scenario planning ...