Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Ways in Which Ingvar Kamprad is a Manager - Essay Example

Comments (0) Cite this document
This paper analyzes what skills that an individual needs to develop or refine in order to become a leader like Ingvar Kampard, founder of the IKEA business. This paper describes what makes him a great manager and leader, and the nature of followership that Kamprad seems to have encouraged at Ikea…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.3% of users find it useful
Ways in Which Ingvar Kamprad is a Manager
Read TextPreview

Extract of sample "Ways in Which Ingvar Kamprad is a Manager"

Discussion Questions Ways in which Ingvar Kamprad is a manager To begin with Kamprad founded the IKEA business which has position itself as one of the most distinctive companies dealing in home products and furniture (Allen). Kamprad establish the IKEA business from scratch as a catalog company in early 1950s and has since grown into a multinational profitable company.
Growth of the company: Ingvar Kamprad management abilities are evident in his ability to grow IKEA from small catalog business to a multinational company. It is noteworthy that Kamprad began his business by riding on his bicycle throughout the neighborhood, selling matches, pens, and Christmas cards to local residents after which it expanded gradually into a bigger company (Allen).
Effective use of Resources: Kamprad is not wasteful and he has developed various policies that ensure that limited resources are effectively put into use. Kamprad views wastefulness of resources as an immortal sin in IKEA. This claim can be justified by the fact that he avoids wearing suits, takes the subway to work, frequents cheap restaurants, flies economy class and drives a ten-year-old Volvo. Effective application of resources in IKEA is also evident when managers are made to share hotel rooms when they travel in addition to using employees as catalog models (Farfan).
Maintaining profitability: Kamprad has developed hard-core drive for profits and market share that bows to no competitor, anywhere, anytime. The company has been operating profitably in successive financial years stretched over a long period.
Strong entrepreneurial character: This is evident when he is always forefront in setting organization’s objectives, values and operational strategies and above all being in control of every business affair.
Ways in which Kamprad is a leader.
Ingvar Kamprad has been a good role model to his workers (Allen). This trait has been achieved by setting examples. For instance when states that wastage of resources is “mortal sin”, he goes ahed to justify this claim by spending modestly (takes the subway to work, frequents cheap restaurants, flies economy class and drives a ten-year-old Volvo).
He is humble and always ready to accept mistakes. For instance he does not fancy luxurious cars, hotels or big private office but rather chooses to mingle with his collaborators (Farfan). Furthermore he is always apologetic of past mistakes such as association with the ‘new Swedish’ wartime pro-Nazi party.
The nature of followership that Kamprad seems to have encouraged at Ikea
It is not doubt that Kamprad has brought about a number of characteristics that have in turn promoted success patterns in IKEA. To start with Kamprad brought about the spirit of humility, modest, simplicity, hard work, common sense and togetherness (Allen). Kamprad has always encouraged his followers to be good spenders and always characterize their strategic direction and planning through simplicity and common sense.
Applying the concepts of transactional, transformational, charismatic, and authentic leaders in describing the leadership of Ingvar Kamprad
Kamprad transformational leadership style is evident in his candidness in inspiring employees towards attaining key strategic objectives of IKEA (Allen). Kamprad has also demonstrated intellectual stimulation, empowering through motivation, and demonstrating confidence in employees’ abilities.
Kamprad transactional leadership style is evident in his individualistic nature of stumping authority in every aspect of organization ranging from policies, strategic objectives, management of organizations affairs.
Kamprad charismatic leadership style is evident in his nature of ejecting enthusiasm in his followers especially in matters relating to use of resources, hard work, teamwork, and humility (Farfan).
Skills that an individual needs to develop or refine in order to become leader like kampard
One needs to develop or refine his/her Vision, communication, teamwork, planning, decision making, coaching, motivation, honesty, relationship skills in order to become like Kampard. These skills can be developed through interpersonal, self, group or transitional development.
Works cited
Allen, Scott. Ingvar Kamprad - IKEA Founder and One of the Worlds Richest Men., 2012. Retrieved 10 Apr 2012 from<> Farfan, Barbara. IKEA Founder Ingvar Kamprad Quotations About IKEA Retailing and Management: Quotable Quotes and Philosophy of Global Retail Industry Leader Ingvar Kamprad., 2012. Retrieved 10 Apr 2012 from<>Read More
Cite this document
  • APA
  • MLA
(“Ways in Which Ingvar Kamprad is a Manager Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Ways in Which Ingvar Kamprad is a Manager Essay Example | Topics and Well Written Essays - 500 words. Retrieved from
(Ways in Which Ingvar Kamprad Is a Manager Essay Example | Topics and Well Written Essays - 500 Words)
Ways in Which Ingvar Kamprad Is a Manager Essay Example | Topics and Well Written Essays - 500 Words.
“Ways in Which Ingvar Kamprad Is a Manager Essay Example | Topics and Well Written Essays - 500 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Ways in Which Ingvar Kamprad is a Manager

Ingvar Kamprad: Wealthy Man, Frugal Man, Entrepreneur Extraordinaire

...the world’s largest furniture store. This case showed how hard work and perseverance can pay off in the corporate world. It also illustrates that sometimes executive managers have to visualize things from the perspective of the worker, instead of separating themselves in their lives of luxury. IKEA went from a catalog store that sold bargain items to become a global corporation that operates in 33 countries worldwide. Part 2 1. In what ways is Ingvar Kamprad a manager? In what ways is he a leader? Ingvar Kamprad was a great manager due to a variety of reasons. He implemented a great...
3 Pages(750 words)Assignment

Project Manager Being an effective project manager

...? In order to become an effective project manager, there are various factors that need to be taken into account. As such, this paper seeks to reflecton my personal experience as a marketing manager when I initiated a project that was meant to upgrade the customer mailing system from postal services to the use of emails. This initiative was meant to improve efficiency in the operations of the department with regards to the aspect of handling customer queries as well as processing their orders. This project meant that the company was going to shift from the traditional way of doing business through the use of postal services to electronic mail. Indeed, we managed to...
5 Pages(1250 words)Essay

Ikea issues within th company

...IKEA issues within the company Introduction IKEA is a surreptitiously held, intercontinental home products vendor that sells bunch furniture, accessories and kitchen items in their vend stores around the globe. IKEA was established in 1943 by IngvarKamprad in Sweden,, and it is possessed by a Dutch registered institution run by the Kamprad family. The IKEA idea started when IngvarKamprad, an industrialist from the Smaland region in southern Sweden had a pioneering thought. In Smaland, even though the soil is emaciated and meager, the inhabitants have a status for ...
8 Pages(2000 words)Research Paper

Manager Interviews

.... Researchers require equipment such as computers, tablets, and calculators. People who could undertake some research could have some difficulty in using some of these tools to either input information or search information (Esty, 2006). A well-established spa should not only focus on the comfort and well-being of its clients, but with that of its employees as well. To keep any conflict at bay, a manager should maintain professional relationship with the employees as well. This translates to fair treatment and wage payment too. One way to achieve this is by holding regular staff meetings that help keep members of staff up to date with all aspects of the spa’s day-to-day operation. Similarly, implementing...
9 Pages(2250 words)Essay

Motivation work from IKEA

...production facilities with the help of their 2400 suppliers in 65 countries. IKEA also boasts of having a hold of employees totaling to 36, 400. In 1943, IKEA was founded by Ingvar Kamprad, then a 17 year-old boy in Sweden. IKEA is an acronym comprising the initials of the founder's name (Ingvar Kamprad), the farm where he grew up (Elmtaryd), and his home county (Agunnaryd, in Smland, South Sweden). (Wikipedia 2008) Kamprad shortly transformed his venture into a mail order service which sells furniture. In 1953, he opened the first IKEA showroom. His primary strategy was to allow for the creation of ground-breaking furniture which would give...
9 Pages(2250 words)Case Study

Reflective Manager

...environment, the managers have to ensure that the way in which business activities are being conducted in the organisation gets changed simply from responding to changes, the managers need to focus on developing a learning organisation (Solomon, 2008 and Vince, 2005). Everyone in the organisation needs to understand that collectively they can bring change in the business operations and by their support to the management they will be able to enhance the productivity of the organisation. In order to make a learning organisation, it is the responsibility of management and employees of the organisation to divert their focus from reflective practitioner at...
9 Pages(2250 words)Essay

General Manager

...GENERAL MANAGER General Manager As the general manager, I handle various projects of the company this one notwithstanding. For the success of any project proper project planning, management and evaluation is required. In project planning we have a network or graphical representation of a project showing the flow and sequence of activities and events and their timeline. The network model is always known as: -Project evaluation and Review Techniques (PERT) In the graphical presentation (PERT) a network known as Critical path method (CPM) also exists this network is an analysis that entails a group of techniques and activities whose completion are key to the success of...
1 Pages(250 words)Essay

Project Manager

...Project Management: An Article Review of Project Management: An Article Review The article entitled a model of project knowledge management written by Stanislaw Gasik is an in-depth analysis of project knowledge cycle and its significance in project management. The article pronounces the most important aspect of project management i.e. usage of model to regulate operations. The author has divided the theme of this article in specific areas such as micro level knowledge for project management. This is followed by macro knowledge of project management in the article. The issues that have been highlighted in the article are...
1 Pages(250 words)Book Report/Review

Ingvar Kamprad - the Founder of IKEA Company

...IKEA case study in strategic management Introduction IKEA case study in strategic management Starting from selling fish in 1943, Ingvar Kamprad the founder of IKEA Company has managed to expand further his business to becoming the best international business company. IKEA is basically an acronym. I and K stands for Ingvar Kamprad, E and A stands for Elmtaryd and Agunnaryd, which are the names of the farm and village that he grew up. The setting up of IKEA draws back to the years between 1935 and 1946. This was the period when the prices of home furniture rose by 41% other than the other household goods. Having a vast...
5 Pages(1250 words)PowerPoint Presentation

Developing Manager

.... Subsequently, the management might resolve managerial problems and business operational problems successfully. The management and the employees can exchange information with better accuracy as well as efficient way. Decentralised communication network is also perceived to assist in minimising conflict that arises amid employees and developing employee-management relationship (Cleary, 2004). 1.3 Organisational Culture of Ryanair and Recommendation for Improving its Image The ethical principles on the basis of which the employees are required to perform by the terms embedded in ‘Rough Guide to Ryanair’. The terms facilitate the company in developing an...
10 Pages(2500 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Ways in Which Ingvar Kamprad is a Manager for FREE!

Contact Us