Volvo boss targets Ikea effect 26 | 10 | 2010
VOLVO BOSS Stefan Jacoby has stated he wants the iconic brand — one of Scotand's favourites — to return to its Swedish roots and stop trying to replicate the German brands; and the chief executive also wants the company to ease itself away from from the ‘sports executive' car approach of recent years.
"We need to focus on luxury," the former Volkswagen executive said. "I don't believe in the word premium, it sounds like you are making people pay for something they do not necessarily get. Volvo has lost its distinguishing points as a product.
"You can immediately recognise you are sitting in a BMW or an Audi for example and I don't think Volvo is there yet.”
Jacoby has identified that the first objective is to define what the brand stands for.
"In the Volkswagen Group everyone knew what each individual brand meant," he said, "but Volvo at the moment is not sharp enough or in harmony of what the brand stands for.
"It needs to return to its Swedish roots. Not so much sporty but more functional with Swedish/Scandinavian elegance, different from say Jaguar or Bentley. Simplicity is the key.
"We need to stop copying the Germans we should express what Scandinavia stands for — high values for human beings, strong social security and welfare. We don't have to be the same size or have the same package.” And Jacoby is keen to make the next generation of Volvo cars intuitive and functional.
"We don't want to put technology into our cars for the sake of it," he continued. "We want technology that is easy for people to understand and use. They need to be comfortable with it.
"We are looking for practical functionality and good Swedish design. What do I mean by that? Well you can look at IKEA for exactly that, it is also very simple. We need to combine this with elegance.
"Apple is another good example of functionality, even young children find Apple products easy to use. Things can be too complicated, too much going on around you and too much to learn.
"My dream is to have a car without a handbook. You look at some of these, particularly in some premium cars, and they are as big as a bible. Maybe there is too much technology and not enough aimed at the human interface."
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Jim McGill