This paper, therefore seeks to critically analyze and present an optional organizational structure that IKEA can adopt to better support its international strategy and elevate its innovative approach in the global expansion.
Project-based Organizational Structure
The present hierarchical structure of IKEA can be characterized as very functional with a worldwide market strategy. On that record, IKEA can keep up incorporated control over functional activities and in the meantime exploit minimal effort and upgraded quality from international product customers. To better equip the functionality of the company on a global scale and minimize possible lay-offs, the company should strive to improve its strategies to balance with the end goal and g...
... middle of paper ...
...determining the budgetary perspective in a way that it will be easier to analyze whether the project results were within the budget that was initially allocated for in the schedule (Bert Markgraf, 2016).
In conclusion, organizations start a chance to win more contracts as well as control the international market on a larger scale if it adopts the best organizational structure. The use of operational, hierarchical and functional organizational structures do not give room for flexibility of responsibilities as well as the incorporation of external forces who are important in the overall performance. Therefore, if the IKEA group buys the idea of incorporating a project-based strategy in its international dealings, there are high chances of attaining utmost results hence success of the company.
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