CHAPTER 18The Financials
When discussing financial policies and thinking, there is no one-size-fits-all approach. The type of business you are in and your earnings and cash generation potential set the scene for all your actions. A successful business model in combination with private ownership does, however, create a level of freedom to use capital that can create additional advantages. A number of lessons can be learned from the Ikea case that can be of interest to companies in similar situations.
P&L and Balance Sheets
Ikea’s approach to profit and loss statements and balance sheets is a bit different from many other retailers. Contrary to other business decisions, this is an area in which the company is risk averse and maintains a very conservative ...
Get The IKEA Edge: Building Global Growth and Social Good at the World's Most Iconic Home Store now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
