Organizational Change Paper on IKEA, writing homework help

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This assignment requires a written analysis of the following four questions. Answers must be based on (1) the use of at least three different articles about the company from the last two to three years that have been published in business magazines or papers, such as (but not limited to) Business Week, Fortune, Forbes, The Wall Street Journal, The New York Times, and (2) the company’s web page.

  1. Provide a general description of the organization: mission, vision, size, location, is it global or local, historical highlights, organizational structure, and any other information that is relevant for the audience/reader to understand the organization better.
  2. How would you describe the company’s current organizational culture? This assessment should be based on using the Competing Values Framework. Graph your results and provide detailed information to support your conclusions.
  3. To what extent is the current organizational culture consistent with the organization’s vision and corporate strategies? This question asks you to consider whether or not the company has the type of organizational culture best suited for accomplishing its vision and strategic goals. To complete this question, you need to analyze the organization’s mission, vision, and corporate strategies.
  4. If you were a member of the senior leadership team in this organization, how would you change the organizational culture so that it is better aligned with its vision and strategic goals? Your instructor will expect specific recommendations in response to this question.

This is a ten-page paper written in APA style

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Explanation & Answer

Attached.

Running Head: ORGANIZATION CHANGE

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Organization Change
Name
Institutional Affiliation

ORGANIZATION CHANGE

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General Description of IKEA Company
IKEA is a multinational company founded by Ingvar Kamprad in 1943 in Sweden.
Kamprad, the founder, started the business when he was just 17 years age and in 2013 he was
listed as one of the world's richest people according to Forbes Magazine. This is as a result of
all his hard work in his company that has managed to generate a lot wealth for him. Since
1943, IKEA has expanded the business to 48 countries worldwide. Currently, it is operating
with more than 392 stores (Stadtler, 2015).
The company is popular because of its unique and modernized furniture and various
types of appliances. Many people prefer this company because of its high end furniture that
are pocket friendly. Most customers are not disappointed when they purchase furniture in any
of the company outlets. The interior design of the company's products is mainly to suit to
eco-friendly simplicity. The company is also well known because of paying huge attention to
innovation, continuous product development, operational details, and cost control
mechanism. The innovation team is one of the best. It constantly comes up with new and
unique designs that keep the customers wanting more and coming back.
At the end of 2016, the company sold goods worth £36.4 billion and it was 7.5
percent higher than what was realized in 2015. In 2017 fiscal year, the company is projected
to increase the income by 10 percent. This means that the company keeps growing and
making more and more profits. The high anticipation is contributed by the firm opening
additional stores in various part of the world. The website of the company contains more than
12,000 products and more than 2 billion visitors in a year (Stadtler, 2015). The IKEA is
responsible for more than 1 percent of world consumption of the commercial wood product.
This is a big deal for the company. It shows that the company is doing the right thing because
of the large number of customers it entertains and the amount of wood that is consumed all

ORGANIZATION CHANGE

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over the world. This makes the company be one of the largest users of wood in the production
of retail products.
The company is under tight control by Kamprad. He is the chair of the five-executive
committee and if one member of the Committee dies or quit the company, the other four
members look for the replacement. At the absence of Kamprad, the other members of the
committee assume his responsibilities and they can preempt new shares issues (Steenkamp,
2017). Every decision taken, it has to be approved by the owner. He is the one who started
the company, and with his experience in the business, he knows what is best for him and the
company.
He rarely makes wrong decisions that will cost the company money or its reputation.
The other four members make decision for the company but Kamaprad is the only person
allowed to authorize. The company participates in corporate social responsibility to improve
the welfare of the people. For instance, the company participates in community cleaning and
in maintaining a green environment. The company also offers a free educational scholarship
to the needy children in the society. In 2005 Kashmir earthquake, the company supply more
than 500000 blankets to the affected people.
The other charitable activities that the company has participated include the 2008
Sichuan earthquake in China that claimed thousands of life. IKEA offered free blankets,
medication, and paid holidays to support the affected families. In maintaining the green
environment, the company has offered financial support to American forests (Stadtler, 2015).
This is a company highly uses a lot of wood. It consumes 1% of the wood that t...


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