Describe the methods and tools employed by IKEA to assess managerial competency. Evaluate the strengths and limitations of these assessment approaches specifically as they apply to IKEA.

Discuss the importance of self-assessment and feedback mechanisms within IKEA for developing managerial competency.

Consider the formal training programs, mentorship initiatives, leadership development efforts, and continuous learning practices employed by IKEA.

Provide real-world examples from IKEA to illustrate instances where they have successfully improved or experienced a decline in managerial competency