Talent Development Strategies: Comparing IKEA and Walmart

This written assignment will be based on how various organisations engage in finding and developing talented individuals to the point at which fully capable employees are born. The two companies that are selected would be IKEA and Walmart. IKEA and Walmart were chosen as there are various unique ways in which talented individuals are developed in these organisations. Walmart was established in 1962 by Sam Walton and was first opened in Rogers, Ark. In the 1970’s, Walmart went international through the establishment of The Walmart Foundation. They had become America’s Top Retailer in a span of 20 years from 1971. As of today, over 2.2 million associates worldwide are employed in 11,000 stores around 27 countries. The idea of IKEA began in the 1920’s when 5 year old Ingvar Kamprad started selling matches to his neighbours. In 1940’s, Ingvar Kamprad started developing IKEA into a furniture retailer. 20 years later, the IKEA concept started to take shape wherein hero product developed such as

Teams and individuals that focus on strength become more productive. They are able to be powerful drivers for higher levels of performance, profitability, and productivity for organisations. The company that I have chosen is IKEA. A SWOT analysis of myself was carried out.
Communication is one of the most important strength that an individual can posses in an organisation. By listening attentively to ideas and putting forth suggestions which help my team to prepare their work better, I was inspired to hone my skills further. As a team player, being flexible and the ability to learn new skills is an important characteristic of a flexible employee. This has helped me to come up with innovative ideas and also to be bold enough to put forward these ideas and to make it work. This would bring benefits if I were to work in IKEA as innovation brings a unique selling