CSR Case Study: The Home Depot Giving back to communities Prepared for: Interdepartmental Working Group on Corporate Social Responsibility (CSR) Corporate Social Responsibility: Lessons Learned Final Home Depot Case Study 1 Corporate Overview Home Depot was founded in 1978‚ and has grown to become the world’s largest home improvement retailer and the second largest retail chain in the USA with total sales of $53.6 billion in 2001. The company employs a workforce of more than 250
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MGMT 485 - TEAM PROJECT ONE Home Improvement Vanessa Emerson‚ MJ Garren‚ Denise Jackson‚ Corey Pierce‚ & Eric Ponce GLOBAL AND GENERAL EXTERNAL ENVIRONMENT Social * A rising immigrant population in the U.S. is expected to increase the demand for new homes‚ benefiting building material suppliers ("Lowe’s Companies‚ Inc."). * Remodeling does not generate as much of an economic increase as the housing turnover normally does since homeowners spend half as much on remodels as they
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MBAS831 Aug. 2012‚ Case Assignment‚ 10071193 1. Challenges faced by Simpson and his team: Lowe’s initiative called the next generation installed sales (NGIS) is a relatively new effort by Lowe’s to expand their service offerings to become an end to end solution provider for customer’s kitchen remodeling projects. The main challenges faced by Simpson were how to move into kitchen remodeling business? and how to position Lowe in the market? Another challenge was how to reach the customers. With
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MGMT 407 HOME DEPOT ANALYSIS- CASE 1 Home Depot: Building Towards Success 1. The Home Depot gives back through volunteerism‚ philanthropy‚ product donations and sharing expertise. The Home Depot is in the home improvement business and their goal is to provide the highest level of service‚ the broadest selection of products and the most competitive prices. Home Depot is a values-driven company. The above sentence is the mission statement of The Home Depot. The mission statement itself
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La diferencia entre una empresa que se maneja bajo un concepto y una que no‚ puede traducirse en la diferencia que marque que una empresa venda sus acciones en el equivalente de hasta 20 veces sus ganancias y una que lo haga 10 veces Home Depot; 27-28 veces 60‚000 – 80.000 pies de espacio en cada tienda Empresa fundada en 1978 por Bernard Marcus y Arthur Blank es ahora dominante en promociones y precios en su giro. Tuvieron la visión de adaptar la venta de almacén a la industria de artículos
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Home Depot Case Study Fabian Gonzalez Great Basin College Line and staff relationships consist of two types of authorities that work hand in hand in order for a company to work in an efficient manner. Line authority deals with the ability to make decisions over production‚ sales‚ or finance‚ while staff authority deals with the assisting of those who have line authority‚ by helping with the performance expected by workers (Certo). In the Home Depot case‚ the
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INTRODUCTION Home Depot enjoyed high growth of revenues and profits in the period 1978-2003. From 7 mio USD of revenues in 1979 to 64‚8 bn in 2003. Revenue growth was generated mainly due to external growth coming from mergers and acquisitions. Home Depot has four product categories: Building and Remodeling‚ Home Décor and Organizing‚ Outdoor Living and Tool and Hardware. Company went through some structural changes when in 2000 first non funder Bob Nerdelli became the CEO of the company. Nerdelli
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Home Depot Case Study Bernie Marcus and Arthur Blank opened the first Home Depot in Atlanta‚ Georgia in 1979. They had big plans for the hardware and home improvement industry. Today‚ Home Depot is extremely successful with over 22 million customers shopping weekly and 66 billion in revenue‚ which makes them the largest home improvement retailer in the world. Home Depot employs over 300‚000 people and operates over 2200 stores in the US‚ Mexico‚ Puerto Rico‚ China‚ the Virgin Islands‚ Guam and
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Home depot Case Study analysis 1) In the case of Home Depot‚ I feel the two values that seem more concurrent are Universalism and Benevolence. Through the very tough economic conditions Frank Blake remained very loyal to his staff‚ he took care of them during the market downfall by lowering sales and profit target that hourly employees were to meet to receive bonuses. This inspired workers to want to meet goals that were much more realistic‚ and had great rewards. This also generated a higher
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MIDTERM – THE HOME DEPOT’S ORGANIZATIONAL COMMUNICATION Organization Communications Mgmt 305 Potomac College Abstract This paper will analyze the culture of The Home Depot and its communication practices. This will be accomplished by examining the dimensions of the organization’s structure. The Home Depot’s sociability‚ power distribution and job autonomy‚ degree of structure‚ achievement rewards‚ opportunities for growth‚ tolerance for risk and change‚ conflict tolerance‚ and emotional
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