If there is such a thing as good leadership, it is to give a good example. I have to do so for all the Ikea employees.
Ingvar KampradRead
I'm a bit tight with money, but so what? I look at the money I'm about to spend on myself and ask myself if IKEA's customers can afford it... I could regularly travel first class, but having money in abundance doesn't seem like a good reason to waste it.. If there is such a thing as good leadership, it is to give a good example. I have to do so for all the IKEA employees.
Interpretation
What this quote means
Frugality and setting a good example are essential aspects of leadership.
In this quote, Ingvar Kamprad emphasizes the importance of frugality and conscientious spending, even when one has the means to spend lavishly. He believes that a good leader should set a positive example for their employees by being responsible with finances, demonstrating that having wealth does not justify unnecessary extravagance.
Themes
LeadershipFrugalityExampleResponsibilityMoney
In practice
Example use cases
Using this quote in a leadership seminar to discuss the importance of leading by example.
More from Ingvar Kamprad
All quotes →What is good for our customers is also in the long run good for us.
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Ten minutes are not just one-sixth of your hourly pay; ten minutes is a piece of yourself. Divide yourself into ten units and sacrifice as few of them as possible in meaningless activities. Most things still remain to be done.
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Making mistakes is the privilege of the active. It is always the mediocre people who are negative, who spend their time proving that they were not wrong.
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