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Johan Stenebo

The Truth about IKEA

How did IKEA become the world's largest design brand, as popular as Lego, CocaCola and Nike? Still privately held, the company is renowned for its secrecy. In this candid analysis, former IKEA top director Johan Stenebo writes for the first time from inside corporation how the company transformed itself from one rural Swedish store of all sorts to a global behemoth with a turnover of over $30 billion and 700 million visitors a year purely on cash flow. Revealing IKEA's daring and unique business model warts and all, he covers the leadership of IKEA's controversial founder Ingvar Kamprad, whose right-hand man he was, and IKEA's resourceful ways of brand management using companies like Greenpeace and WWF to cover environmental issues.
324 printed pages
Copyright owner
Bookwire
Original publication
2010
Publication year
2010
Publisher
Gibson Square
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Quotes

  • b7600528398has quoted4 hours ago
    d that the difference in price compared with competitors who used veneer would relatively speaking be greater than if they chose the foil. But if the customer could not differentiate between veneer and
  • Ninohas quoted3 years ago
    increased to cater for
  • Yulia Ogorodnikovahas quoted5 years ago
    The familiar quotation by Ingvar that ‘simplicity is a virtue’ is central to the success story. Only mediocre people propose complicated solutions, he preaches. With this approach I shall also consider the IKEA phenomenon.

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