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
Abstract Home Depot went through many changes as a result of new CEO Frank Blake and Vice President of Human Resources, Tim Crow. The culture inherited by both Executives from their predecessors went through a transformation process for the business to thrive once again. Blake and Crow justified laying off 1,200 workers as a result of their vision to enhance Home Depot’s position in the market and to go back to the organizations foundations embedded by founders Arthur Blank and Bernard Marcus. Specifically
Handy Dan hardware store, established The Home Depot (referred to as simply HD throughout the remainder of the audit) in Atlanta, Georgia with assistance from Kevin Langone, a marketing pundit, and Pat Farrah, a Wall Street investment banker. They built their first two 65,000 square foot stores in spaces leased from J.C. Penny. The young company began with a dream of offering up a retail space for the do it yourself (DIY) customer as a one stop shop for their home improvement needs. During HD’s infancy
The Home Depot: Eco Options Program Case Analysis Step 1: Environment Scanning In 2004 The Home Depot’s (THD) Eco Options program began in their Canadian locations and on Earth day of 2007 in the United States. The program was created to create environmentally friendly products to consumers that would support the environment while helping consumers save money on their monthly energy bills. The programs successful audience is a combination of two groups. The first group is involved in supporting
has some relevance to our case regarding Home Depot. Recently, after the breach with Home Depot a large batch of credit and debit cards appeared and went on sale in the underground marketplace. The specific site is called “carder forum” where the information is sold but is very fast pace. Once the information has been determined lost or stolen the card information will decrease in value and soon become worthless. For example, since Target is similar to the Home Depot case when the Target information
The intent of this report is to provide a financial analysis* (FA) for the Home Depot Inc. (the Company). Explicitly, the following analysis shall review macroeconomic items* that possible affect the Company’s dealings. Macroeconomic Items A macroeconomic item (or factor) may be generally categorized as anything that influences the direction of a particular large-scale market (Investopedia, n.d.). For this analysis, the macroeco-nomic factor shall be interest rate (i.e. discount rate). The following
Home Depot Business Case Analysis Letter to CEO To: Robert L. Nardelli, - President and CEO of Home Depot, Inc. Date: March, 04, 2004 First of all, I would like to thank you for giving me the honor to analyze your well organized and developed company. In this memo, I am going to discuss the strategic factors facing Home Depot, the strategies that the company has been following for the past years, and the distinctive competency Home Depot attain. Also, I am going to give my recommendations
Home Depot Business Case Analysis Letter to CEO To: Robert L. Nardelli, - President and CEO of Home Depot, Inc. Date: March, 04, 2004 First of all, I would like to thank you for giving me the honor to analyze your well organized and developed company. In this memo, I am going to discuss the strategic factors facing Home Depot, the strategies that the company has been following for the past years, and the distinctive competency Home Depot attain. Also, I am going to give my recommendations and
Management Case Analysis at Home Depot Company By Musalia Doughty Table of Contents Executive Summary 3 1.0 Overview of the Organization 3 1.1 Corporate Hierarchy of Home Depot 4 2.0 Strategic Human Resource Management at Home Depot 5 2.1 Workforce Diversity Management at Home Depot 5 2.2 Disadvantages of Workforce Diversity 7 3.0 Strategy to Counter Diversity Issue at Home Depot 7 3.1 Employee Relations 8 4.0 Implementing Employee Relations at Home Depot 8 4.1 Team-working
2002 Teaching Note This case follows the performance-review and financial-statement-forecasting decisions of a Value Line analyst for the retail-building-supply industry in October 2002. The case contrasts the strong operating performance of Home Depot with the strong stock-market performance of Lowe’s. Students examine a financial-ratio analysis for Home Depot that acts as a template to generate a comparable ratio analysis for Lowe’s. The students’ ratio analysis is designed to build intuition