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Purpose and benefits

The flat-pack king of furniture, Kamprad is a brilliant if unorthodox businessman. Industrious from an early age, Kamprad took on the furniture cartel in Sweden and neatly out-manoeuvred it. In the end, as he always predicted they would, customers got what they demanded: low prices and good quality. Shopping the IKEA way became a family day out, a fun experience, long before the advent of the out-of-town shopping centre. When Kamprad officially took a back seat from line management at IKEA in 1986, he had changed the nature of retailing and provided inspiration for thousands of entrepreneurs.