Leadership Analysis of Ingvar Kamprad

In: Business and Management

Submitted By CamileChen
Words 3807
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LEADERSHIP ANALYSIS OF INGVAR KAMPRAD
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Leadership Analysis of Ingvar Kamprad
IKEA, founded in 1943 in Sweden. The IKEA Group has become the largest furniture household businesses in the world. It products including seat / sofa series, office supplies, bedroom series , kitchen series, about 10,000 products. IKEA has 31 stores in 38 countries, 16 stores in China. China has become one of the most important space of IKEA 's largest procurement market and business growth, playing a decisive role in IKEA 's global strategy. The CEO of IKEA, Ingvar Kamprad, one of the richest men in the world. He was born in Mar. 30, 1926 , a town in the south of Sweden. His father is a farmer. He had the rich life in his childhood. But he was interesting in riding a bicycle, selling the products to the neighbors.From this he can feel the happy of earning money. He was not only good at finding others needs but also good at promoting his products. In 1943, Kamprad established his own company, called IKEA. In my paper, I will comb how Ingvar Kamprad grew up in the business world and his leadership behaviors and traits. (Zuvela, 2013)
Life Experience
Childhood period
Ingvar Kamprad was the first child in his family, when he was a little boy he had a strong talent in doing business. Such as his aunt helped him to buy 100 boxes match cost €88, then he sold them out by €2-€3 even if €5. So his profit margin is €1-€2. He was very excited about that. He also sold the fishes and the flowers. From then, he was interested in selling and decided to do it. Actually, his business talent from his father and mother. His mother from a huge business family in his hometown. And his grandfather was a famous businessman operated a good shopping mall and a hardware store. And in his childhood, he only have a dream that helping his father with money.
(Wang, 2009)
Became a…...

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