Explain whether IKEAS organizational changes provided momentum for future business strategy and why?
Explain whether IKEAS organizational changes provided momentum for future business strategy and why?
Homework Answers
To improve the franchise system and clarify roles, IKEA range, supply and production activities were transferred to the new Inter IKEA Group headed by Inter IKEA Holding B.V.
Basically, IKEA sold all the subsidiaries to increase flexibility and agility to be able to adapt to dynamic global environment. IKEA’s previous organization structure was hierarchical and massive, due to which communication and decision making was slow. The new leaner organization structure is posed to withstand the disruptions made by likes of Amazon and low price retailers
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Explain whether IKEAS organizational changes provided momentum
for future business strategy and why?
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