Question

In: Operations Management

According to the CSR, what is the working condition of IKEA?

According to the CSR, what is the working condition of IKEA?

Solutions

Expert Solution

IKEA is a multinational company in the field of furniture, kitchen appliances and home accessories. This company is based out of Sweden. Its headquarters at Netherland.

According to the CSR, the working condition of IKEA is as below

  • Excellent social and ethical standards: IKEA has good social and ethical standards at the company and the company is highly pushing CSR activities so that they can improve the community standards.

  • Good Leadership by example: IKEA is exploring good leadership at the company and they demonstrating leader by example so that people get lager influences.

  • Desire for renewal –innovation and creativity: IKEA is exploring high level of innovation and creativity at the work place so that they can get better improvements in the products. This is due to their habit of desire for renewal in the factory.

  • Togetherness and enthusiasm: this is the key character the IKEA is showing that they using togetherness and enthusiasm among the employee so that employee can perform better and deliver better results for the company.
  • Simplicity, Humbleness and willpower: Simplicity , humbleness and high will power at the organization shows the great working culture and high motivation level of employees.
  • Cost consciousness: the company is aware that product pricing should be competitive in the market so they are highly cost competitive and focus on cost reduction to the level possible.

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