Running head: PEOPLE, CULTURE & ORGANIZATION People, Culture & Organization Name of the student Name of the University Author Note
1 PEOPLE, CULTURE & ORGANIZATION Abstract The business report is discussing about the organizational approach of IKEA towards the people as well as the organization. In ths regard, an organizational overview of the company has been provided. The organizational culture of IKEA has also been explained. The literature section of the report is discussing about the varous theories associated with leadership, motivation as well as communication and in the next section an analysis as well as synthesis of the application of the various theories in IKEA has been explained. Moreover, the key challenges as well as opportunities relating to the organization has been described and finally recommendation has been cited as to how the organization can make necessary improvements.
2 PEOPLE, CULTURE & ORGANIZATION Table of Contents Introduction......................................................................................................................................3 Literature Review............................................................................................................................4 Leadership theories......................................................................................................................5 Motivation theories......................................................................................................................6 Communication theories..............................................................................................................8 Analysis and synthesis of how literature is applied in the business world......................................9 Leadership theories......................................................................................................................9 Motivation theories....................................................................................................................11 Communication theories............................................................................................................13 Key opportunities and challenges of IKEA...................................................................................13 Recommendations..........................................................................................................................14 Conclusions....................................................................................................................................14 References......................................................................................................................................15
3 PEOPLE, CULTURE & ORGANIZATION Introduction IKEA is considered being a globally recognized home furnishing retailer. In the current scenario, IKEA is considered being one of the leading furniture and textile retailers in the world. IKEA is offering more than 9,500 products, which includes an entire range of home and office furnishings, equipment, lighting as well as accesssories. There is the availability of this broad range in every outlets of IKEA, and consumers can do the ordering of various products online on the official website of IKEA. In respect of the customers as well as staffs of the organization, IKEA is an association of distinctive traits. The organization is also well-known for providing similar variety of products in every country. The number of organizational products offered at a single store s ranging from 8,000 to 10,000 products, based on the size of the outlet. Similarly, the global strategy that the organization has adopted comprises of adjusting to the particular atmosphere as well as national traditons of the country where the outet is functioning. The locations of the store, design as well as display are generally adjusted to the overall needs of the market as well as customer behaviour. The personnel of the organization is considered being an enormously significant asset at IKEA, which tries doing the enlargement of the assortment base, improving the product as well as service quality. The creative approach as well as original designs in addition to the practical pricing policy will be contributing to the competitive advantage of the organization and will be explaining the organization’s success to go through the period of crisis. The organizational culture of the organization will be incuding the key principles such as simplicity as well as high level of informality, the value regarding teamwork as well as embracing diversity within the staffs as well as varied means of doing things.
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