Ways in Which Ingvar Kamprad is a Manager Essay Example | Topics and Well Written Essays - 500 words

Ways in Which Ingvar Kamprad is a Manager - Essay Example The paper "Ways in Which Ingvar Kamprad is a Manager" analyzes what skills that an individual needs to develop or refine in order to become a leader like Ingvar Kampard, founder of the IKEA business. This paper describes what makes him a great manager and leader, and the nature of followership that Kamprad seems to have encouraged at Ikea. Ingvar Kamprad management abilities are evident in his ability to grow IKEA from small catalog business to a multinational company. It is noteworthy that Kamprad began his business by riding his bicycle throughout the neighborhood, selling matches, pens, and Christmas cards to local residents after which it expanded gradually into a bigger company. Effective use of Resources: Kamprad is not wasteful and he has developed various policies that ensure that limited resources are effectively put into use. Kamprad views wastefulness of resources as an immortal sin in IKEA. This claim can be justified by the fact that he avoids wearing suits, takes the su bway to work, frequents cheap restaurants, flies economy class and drives a ten-year-old Volvo. Effective application of resources in IKEA is also evident when managers are made to share hotel rooms when they travel in addition to using employees as catalog models. Maintaining profitability: Kamprad has developed a hard-core drive for profits and market share that bows to no competitor, anywhere, anytime. The company has been operating profitably in successive financial years stretched over a long period.