Question

Walmart entered a period of difficulties after Sam Walton stepped down. Do you anticipate IKEA having the same leadership transition challenges? Why or why not?

Answer 1

Answer:

Ikea will face similar challenges during the leadership transition.

Explanation:

An efficient and skillful leadership is essential to the success of the business, especially in companies as large as Ikea and Walmart. In this case, good and effective leadership has the effect of organizing, managing and shaping the business so that it reaches its objectives and is taken to success. However, when there are changes in this leadership, businesses face new challenges, as they have to get used to different management methods, which can promote an adaptation period that can be disadvantageous for the company over a period of time.