Codes of conduct and international framework compacts: New forms of goernance at corporation level Case study: IKEA breeding virtually the fraternity Industrial relations context IKEA framework agreement Outcomes and involve Annexes Wyattville Road, Loughlinstown, Dublin 18, Ireland. - Tel: (+353 1) 204 31 00 - Fax: 282 42 09 / 282 64 56 email: postmaster@eurofound.europa.eu - website: www.eurofound.europa.eu The interviews for this case study were conducted in January and February 2007 with representatives of IKEA management, the European industrial plant Council and the Building and Wood Workers International Union. In addition, internal veridical on the IKEA code of conduct (IWAY) and already existing studies convey been used to compile this case study. Information about the company The known company IKEA has grown over the last decade to a worldwide operating furnishing company with a turnover of much than 17 billion euro in 2006. Today, IKEA has operati ons in 44 countries with 104,000 employees, 89,500 of them in Europe. The total procedure of IKEA stores around the world is 250, and the IKEA throng itself owns 221 of them. The remaining 29 stores be owned and run by franchisees. The sales of the Group in the midst of 1 September 2005 and 31 August 2006 totalled 17.8 billion euro.
fourscore per cent of the stores are in Europe, the rest divided amongst North America (17%) and Asia and Australia (together totalling 3%). IKEA is a fast evolution company. The three most classical markets for future developments are the US, Russia and China. However, developing is stymied by insufficient supply. We canno! t augment by more than 20 stores a year because 1 supply is the bottleneck. If sales accompaniment growing at the alike(p) pace as during the last 10 years, IKEA will in 2010 need to source twice as much genuine as in 2005. The companys basic commercial message aim is [] to offer a wide range of well-designed, operable home furnishing 2 products at prices so low that as many people as possible...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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