Week 1 Discussion global organization
When you think of a global organization, what company do you think of and why? What do you believe has made them successful on a global level?
The first global organization company that comes to mind is IKEA. They opened their first store in Colorado on July 27th, 2011 and have been growing ever since. IKEA is originally from Sweden. The owner of IKEA was forced to look at other options due to Sweden’s tax system. It was not suitable for private ownership. IKEA would probably not be successful it if would not have looked a expanding globally. The company is operated as franchises which are granted by Inter IKEA. The owner was very careful with the way the company was globally structured to avoid double taxation. IKEA has also been globally successful because of the set of values formulated for the business. The company currently reports global sales to be in the billions