Home Depot Environmental Sustainability Audit The Home Depot is a company built under the principle of creating value for their stockholders while never forgetting the company’s main values: “Taking care of our people‚ giving back‚ doing the right thing‚ creating shareholder value‚ respect for all people‚ entrepreneurial spirit‚ building strong relationships‚ and excellent customer service”. These values were presented by Francis S. Blake (The Home Depot C.E.O.) on the company’s 2007 annual
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the basis of Home Depot’s response to environmentalist issues can be measured in their power‚ legitimacy‚ and urgency. They possess power because they are willing to not shop at a company that is not environmentally responsible‚ so this put greater pressure on Home Depot to certified by the Forest Stewardship Council (FSC) and continues to keep them “honest” as far as their environmental contributions and practices. The stakeholder has legitimacy because they want to make sure that Home Depot’s appearance
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playing important role for integration the supply chain. (Wisner‚ 2009) In 2006‚ Home Depot did not focus their supply chain said Mark Holifield senior vice president of Home Depot. They pointed out that warehouse management was not the top of their improvement list. However‚ Home Depot realized that they faced a big problem due to their outdated technology for their supply chain (Maloney‚ 2009). In 2009 annual Home Depot report mentioned that transformation of the supply chain was so important.
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Home Depot was founded in 1978 in Atlanta‚ Georgia. The company went public in 1981. Their stocks were first traded in OTC (Over-The Counter) and were subsequently listed on the New York Stock Exchange in 1984. The Chain stores were warehouses that had huge amounts of building materials and home improvement products targeting customers that were individual home owners and small contractors. Their aim was to bring the warehouse retailing concept to the home center industry. This was considered to
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Supply chain has never been Home Depot’s key strategic priorities in the past. Instead‚ the Atlanta-based home improvement’s management had always been focusing on expanding its stores. At the time‚ the company’s emphasis on expansion was appropriate considering the history of massive growth. What originally helped Home Depot’s growth was a decentralized business model where stores were populated with highly knowledgeable sales persons with backgrounds in various building trades. Regional and store-level
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Home Depot A. Executive Summary * Introduction * The Home Depot Story - First Stage (1979-2000) * The Home Depot Story – Second Stage (2000 – 2006) * Problem Identification * Case Questions Introduction * Home Depot was founded in 1978 in Atlanta‚ Georgia by Bernie Marcus and Arthur Blank. * Both of them worked at Home Improvement Company in California and were fire by this company. * So instead of looking for a new job they decide to start up their own business
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Company Profile of The Home Depot ANALYSIS #1 1. COMPANY BACKGROUND Home Depot Inc. was founded in 1978 and is the world’s prevalent home improvement retailer and the second largest retailer in the United States. The sales for the fiscal year 2000 were $45.7 billion‚ compared to $38.4 billion in fiscal 1999. As of January 2001‚ the company was operating 1‚134 retail stores in forty-seven states‚ six Canadian provinces‚ Puerto Rico‚ Chile and Argentina. Home Depot stores sell a wide variety
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Part Two-Business Strategy Home Depot’s mission statement can be summed up in these eight core values • Excellent customer service • Taking care of our people • Giving back • Doing the “right” thing • Creating shareholder value • Respect for all people • Entrepreneurial spirit • Building strong relationships The founder of The Home Depot had this for his vision statement back in 1976 when their first store was opened in Atlanta‚ Georgia: “a vision of warehouse stores filled with a wide
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ever done any home repairs or worked out in your yard‚ you have probably been in a Lowe’s home improvement store. Lowes’s has an extensive inventory of building supplies‚ home improvement products‚ as well as appliances. However‚ just because a store is fun to shop at does not indicate that it would be a good investment. Therefore‚ even though a head to head price comparison on products purchased at Lowe’s was less expensive than Home Depot‚ I would not invest in Lowe’s because home depot is in the same
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The Home Depot: Leadership in Crisis Management Introduction Established in 1979‚ The Home Depot has proved to be a leading retail company founded upon providing excellent products at competitive prices sold from knowledgeable sales representatives. Through this concept‚ The Home Depot has dominated both professional and do-it-yourself sales across the world. In 1992‚ The Home Depot was faced with a new challenge. Hurricane Andrew struck with vengeance and devastated 75‚000 homes across
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