Moving them (even once) cost more than buying them new.
\nSo why did I keep them?
\nBecause I built them. Well, my dad helped. Okay, I helped. 🛠️
\nThis is the IKEA effect: the tendency to overvalue what we create because of the effort we put in. And when paired with the endowment effect—our tendency to overvalue things simply because they’re ours—it explains why I just couldn’t leave those dressers behind.
\nBut these biases aren’t just limited to furniture. They’re powerful change management tools for leaders who want to build stronger buy-in and deeper commitment within their teams.
\n\n | \n You might be wondering why we hold onto things—even when it defies logic. \nThe Science Behind Sentiment\nThe IKEA effect is a psychological phenomenon where we place a higher value on things we’ve put effort into creating. Those dressers? Because I (sort of) built them, they feel like more than just furniture. They represent time, effort, and the satisfaction of assembly—making them seem more valuable than their $299 price tag. \nThis bias doesn’t just show up in our homes. It impacts how we approach our work, our projects, and even our ideas. When we invest time and energy into a project, we tend to value it more highly—even if an outside perspective might suggest it’s time to move on. \nWhy We Hold On—Even When It Doesn’t Make Sense \nThe endowment effect adds another layer to the story. This is our tendency to value things more simply because we own them. Studies show that we’re more likely to overvalue something once it’s “ours.” Think of it like emotional attachment in disguise. \nMy IKEA dressers? They became my IKEA dressers the moment I finally screwed in last björkenspänn. And because they were mine, I clung to them—despite knowing that moving them (again and again) wasn’t the most rational choice. \nTurn the IKEA Effect Into Your Change Management Superpower\nThe IKEA effect isn’t just a trap to avoid—it’s a change management tool you can use to create stronger engagement and buy-in from your team. When people invest their own time, energy, and ideas into building something—whether it’s a new process, a strategic plan, or a team culture—they value it more. \nHere’s why this works: \n
Get Your Team Building—and Buying In\nHere’s how you can apply these ideas in your leadership: \n
The Bottom Line: From IKEA Dressers to Team Success\nThe effort we put into creating something makes us more likely to value it. By engaging your team in the building process, you can harness this tendency to create more commitment, ownership, and enthusiasm around shared goals. When you involve others, you’re not just getting their hands—you’re getting their hearts, too. \nThe next time you’re rolling out a big idea or tackling a challenge, don’t go it alone. Build it with your team. You’ll not only create stronger solutions—you’ll build a team that’s more engaged, invested, and ready to carry success forward, together. \nRead on for more science behind the strategy and a simple experiment to put this in practice! \n👉 Know someone who could benefit from learning how to build buy-in and ownership? Forward this email to them and help them earn and embrace their seat at the table! \n | \n\n |
\n | \n Here's where theory meets practice. In this section, you'll find an experiment to help you apply the strategy we've discussed. Download the free Lab Notebook to outline your approach, record your observations, and reflect on your results. \n | \n\n |
\n | \n Why We Value What We Build\nThe IKEA effect isn’t just something I made up to justify moving my dressers across state lines (again and again). It’s a real, well-documented phenomenon that explains why people become more committed to things they’ve had a hand in building. \nIn a 2012 study, researchers Michael I. Norton, Daniel Mochon, and Dan Ariely found that participants who assembled simple IKEA furniture, origami figures, or Lego models were willing to pay up to 63% more for their creations compared to identical, pre-assembled items (Norton, Mochon, & Ariely, 2012). It turns out that when we invest effort into something, we value it more—even when the results aren’t perfect. \nThis effect connects to another psychological phenomenon: the endowment effect. In their famous mug study, Richard Thaler and his colleagues found that participants who were given a mug demanded significantly more money to sell it than others were willing to pay to buy it—simply because it was now “theirs” (Kahneman, Knetsch, & Thaler, 1990). Ownership changes how we perceive value, making us overestimate the worth of what we possess. \nThat’s why I couldn’t part with my dressers. And it’s why your team will feel more invested in a plan they help create. When people feel a sense of ownership, they’re more likely to value, defend, and stick with what they’ve built. \nExperiment with This\nWant to see the IKEA effect and endowment effect in action? Try this simple experiment with your team to watch how getting them involved changes their commitment: \n1. Pick a Small but Important Project 2. Get Them Involved
Let their input guide the outcome. \n3. Watch the Difference 4. Reflect Together
Use what you learn to refine how you involve them next time. \nBy running this experiment, you’ll see firsthand how involving others in creating something increases their investment in its success. When we build together, we don’t just create solutions—we create connection, commitment, and results that everyone values. \n👉 Download your Lab Notebook to design your experiment and track your results: Lab Notebook: Some Assembly Required \n | \n\n |
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Surprisingly simple, science-backed leadership strategies to help you win at work. Your ultimate field guide to success, crafted by an award-winning expert.
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