simplifying of costs and expenses performance advancement and profit margins

Simplifying of costs and expenses performance

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simplifying of costs and expenses, performance advancement, and profit margins which can be moved or assigned to a specific region. As a result, competitive advantage can be obtained, and internalization atmosphere can reach a high level of productivity. Conclusion
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IMPLEMENTING STRATEGY 8 IKEA is considered as one of the famous and largest furniture and retailer stores in the world. It is a Swedish business which targets a wide range of customers via offering low prices, and high quality products along with materials. Additionally, IKEA SWOT analysis helps a decision maker to understand IKEA position in the global market. By doing so, IKEA can focus on key issues that related to strengths, weakness, opportunities, and threats. There are also challenges that limit IKEA's ability to expand in different nations . These challenges are its non- hierarchical method, lack of both innovations and creative thinking styles, and few numbers of like-minded leaders and managers. Likewise, the geographical structure is suggested for IKEA in order to cope up with obstacles in its planned global strategy. Local management, open and face to face communication, implementation of change, customers' service improvement, tracking performance, and common language along with cultural similarities are reasons for recommending the geographical structure for IKEA. References Agarwal, R., & Ansell, J. (2016). Strategic change in enterprise risk management. Strategic Change, 25 (4), 427-439.
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IMPLEMENTING STRATEGY 9 Albarrak, O. ( 2012). IKEA Strategic case study & analysis. Slide Share . Retrieved from Grant, R. M., & Jordan, J. (2015). Foundations of strategy (2nd ed.). Hoboken, NJ: John Wiley & Sons. Higgins, J. M. (2015). The eight ‘S’s of successful strategy execution. Journal of Change Management, 5 (1), 3-13. Retrieved from doi:10.1080/14697010500036064 Ingram, D. (2015). The advantages of geographical organizational structure. Chron Retrieved from Inter IKEA Systems. (2018a). Doing it a different way . Inter IKEA Systems . Retrieved from Inter IKEA Systems. (2018b). Welcome inside our company. Inter IKEA Systems. Reterived from - information/index.html#organization Koniorczyk, G. (2015). Customer knowledge in (co)creation of product. A case study of IKEA. Journal Of Economics & Management , 22 (4), 107-120. Matczak, P. (2016). The role of regional organizations in disaster risk management: A strategy for global resilience. Public Administration, 94 (1), 276-278. Vlasova, N. Y., & Kodachigov, R. V. (2012). Shifts in geographical structure of international trade in creative goods and services. Izvestia Uralskogo Gosudarstvennogo Ekonomiceskogo Universiteta , 41 (3), 181.
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IMPLEMENTING STRATEGY 10 Wipawayangkool, K., & Teng, J. C. (2016). Assessing tacit knowledge and sharing intention: a knowledge internalization perspective. Knowledge & Process Management , 23 (3), 194-206. doi:10.1002/kpm.1505
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