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How the IKEA Board Designed a Culture of Frugality
IKEA is famously cheap, but that frugality isn't accidental — it's engineered by the board. Lucas and Luna explore how IKEA's unique ownership structure, controlled by the Kamprad family through a foundation and a Dutch trust, enforces a culture of cost-consciousness from the boardroom to the showroom. They trace the story of IKEA's design philosophy, from the 1956 'Bookcase of the Century' to today's flat-pack empire, and explain how the board's composition ensures that no one inside the company ever gets comfortable. The episode reveals how…
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