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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founders of The Home Depot had a vision‚ back when they opened the first store in Atlanta‚ Georgia in 1976: "a vision of warehouse stores filled with a wide assortment of products at the lowest prices with trained associates giving absolutely the best customer service in the industry." (Reingold‚ Jennifer. 2008) Today‚ that vision is still the guiding force driving the company’s philosophy. The Company’s Mission Statement reflect the Company’s strong business focus and core corporate values‚ which govern
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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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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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RUNNING HEADER: ETHICAL DILEMMA Home Depot Ethical Dilemma Problem Statement In 2008‚ the CEO‚ Frank Blake was implicated for failing to report employee abuse. The allegation indicated tends from forgery‚ falsifying documents‚ harassment‚ and retaliations. Blake was aware of‚ and in numerous instances‚ participated in the alleged abuse‚ cover-ups and retaliatory actions‚ which involve the stockholders to demand the termination of Blake. His violation of ethics breaches were numerous‚ deliberate
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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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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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Team Based Approach – Home Depot The purpose of this paper is to examine and discuss the training issues that are likely to be faced by the selected organization‚ Home Depot. Home Depot is a leading and renowned U.S based retailing company that deals with the home improvement and construction services and products. According to the given case‚ Home Depot is contemplating to adopt and use a team-based approach‚ in order to reduce the operational cost‚ while increasing its overall productivity.
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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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1.What are the internal resources‚ capabilities‚ or competences of Home Depot that seem to need upgrading or improvement as Bob Nardelli becomes the CEO and why are they important? The internal resources‚ capabilities‚ or competencies of Home Depot that seem to need upgrading or improvement as Bob Nardelli becomes the CFO are the saturation of stores in suburban areas from accelerated growth‚ the lack of IT resources and service deficiencies‚ and the layout of the stores. In terms of the "Internal
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