IKEA—Ingvar Kamprad’s startup from 1943 – Hannu Ryopponen – Talks with Petri

Hannu Ryopponen talks about working with Ingvar Kamprad, how he was as an entrepreneur and what made IKEA successful. He also reveals what happened when he travelled with Kamprad and met dignitaries. See the episode notes http://www.petrikajander.com/kamprad Guest bio Hannu Ryöppönen is a private investor and board professional who, since the 1970s, has served as CFO of many international companies in London, New York, Copenhagen, Luxembourg and Stockholm. He worked for over 10 years in Ingvar Kamprad’s inner circle as a group CFO for IKEA. Ryöppönen has held top executive positions in companies like Royal Ahold, Industri Kapital, Stora Enso, and he has been in non-executive positions on boards of Amer Sports, Samworth Brothers, ICA, Novo Nordisk, Billerud Korsnas and Neste, among others. Apart from his extensive experience in finance and strategy, he has spent well over half of his career in different sectors of the retail industry. #ikea #kamprad #startup Topics: working with Ingvar Kamprad trust but verify co-workers extreme memory and observant details and big picture personality decision-making store opening visits frugality IKEA culture informal organisation delegated decision-making non-confrontational feedback success factors Poland as a part of the success “If we can’t afford it then we don’t build it” dependency to lenders cost consciousness bureaucrazy “if we talk about it now we should be able to do it tomorrow” hot dog concept and an instant gratification customer experience insights Kamprad training excursions “retail school” design and meet the customer expectations customer-focus open your wallet early Stockholm store ("Kungens Kurva") Walmart and Sam Walton common sense way of conducting business what business would Kamprad have started now? ▬▬▬▬▬▬▬ Talks with Petri ▬▬▬▬▬▬▬ Subscribe and listen: Apple iTunes: http://podcasts.apple.com/fi/podcast/... Google Podcasts: http://podcasts.google.com/?feed=aHR0... Spotify: http://open.spotify.com/show/1Vh6ErBt... Episode Playlist    • Talks with Petri   Episode notes http://www.petrikajander.com/ Follow on Twitter:   / talkswithpetri   Petri follows his curiosity and shares his talks with people building the future. Talks with Petri -show explores personal discoveries and experiences with lessons learned. The real-talk conversations go deep where the purpose is always to learn more and share the know-how with others.