Ikea Swot Analysis

Goldman Sachs or under NYSE listed as GS is a U.S bank holding company known for a strong investment bank. It consults companies on mergers and acquisitions, provides trading services, and manages equities on large corporations, governments and wealthy clients. Goldman Sachs invests its capital to pursue in long-term (private equity) and short-term investments (propriety trading).

This review provides an in-depth strategic SWOT analysis of the company’s businesses and operations in the areas of internal strengths and weaknesses and external opportunities and threats. (Sector Publishing Intelligence)

Home Depot strives to provide the highest quality service to its customers. Home Depot achieves this by hiring professionals such as, carpenters, plumbers, and paint specialists. These experts are invaluable resources for less knowledgeable customers looking for a certain product or working on a new project. The Home Depot staff can help customers pick out larger and more difficult items such as showers, vinyl siding, carpet, appliances, and plumbing. After the purchase, Home Depot will have the items delivered and installed in the customer’s home. Home Depot’s focus on “product authority” is one of the main and drivers for the company’s high quality service.

Lowe’s is a hardware store that sell products from vacuum and dishwashers to wood and other hardware equipment. Lowe’s sell products for home improvement and construction. Lowe’s was originally founded in Wilkesboro, North Carolina in 1921 by Lucius Smith Lowe. His daughter Ruth inherited the store in 1940 after Lucius passed away. She then sold the franchise to her brother Jim. Jim partnered with Carl Buchan in 1949 under the management of Buchan. Jim and Carl had several disagreements as far as the expansion and diversification so in 1954 the partners split making Carl the sole owner. He successfully expanded the business to other cities in North Carolina. Then he passed away in 1960 leaving the store to his executive team of five people. They made the company public in 1961. The former headquarters for Lowe’s was originally located in Wilkesboro, now located in Mooresville, North Carolina. The once small town business has expanded to a well-known name brand is currently located in several countries.

SWOT analysis can be used to describe and analyse a company’s internal capabilities in relation to its competitive environment. A strategy behind

One of the many resources available to Home Depot is the use of environmentally friendly supplies. Recently, Home Depot began shifting to greener products and practices, such as no longer using wood from the Amazon forest, and removing harmful chemicals like formaldehyde from their paint products. They have also began to use water recycling pumps for their irrigation centers and are in the process of creating solar powered roofs for their stores which can drastically reduce their carbon footprint. Home Depot is also recycling and reusing as much as they can, from lightbulbs to power tools. The VRINE model below measures the impact of this resource. Although it is valuable and exploitable, it is not rare or non-substitutable. This makes it a valuable resource for the short term but not a sustainable resource for competitive advantage.

The publicly traded company our group selected was Home Depot Inc. Founded in 1978 by Bernard Marcus, Arthur Blank, Ken Langone and Pat Farrah. Atlanta G.A is the headquarters. They currently operate out of 2,274 stores throughout the United States, Puerto Rico the U.S Virgin Islands, Canada and Mexico. Home Depot has over 385,000 employees throughout its stores. Home. (2003-2016).

The company offers an array of products and services which appeals to a large target audience. From the weekend warrior to the professional craftsmen Lowe’s has it all. Lowe’s has just about anything to build or repair a home and even decorate it. If one were to go to the home page, they would see a long list of different types of products and services they offer. Some of the major categories they offer are appliance, building supplies, doors & windows, heating & cooling, home décor, paint, plumbing, and tools.(6). Not only can one goes to Lowe’s to buys just about anything needed for the home, but the company will even deliver the items to one’s home or place of business (7). They even offer free local delivery on all appliances costing

An internal assessment analysis named SWOT, which stands for a company 's strengths, weaknesses, opportunities, and threats is conducted (Abraham, 2012). Strengths and weaknesses are the internal aspects of the normal SWOT analysis (Abraham, 2012). They include problems that need to be corrected, deficiencies recognized through a comparison with competitors, or deficiencies relative to recognized strategies such as lacking the resources to grow (Abraham, 2012). An opportunity is a product-market issue (Abraham, 2012). It must include a product or service that is actually offered, to include the existing ones, and a defined customer group at which that product or service is targeted, including the existing ones (Abraham, 2012). Threats are external trends that could have a negative effect on the company (Abraham, 2012).

Arthur Blank and Bernie Marcus develop the concept for The Home Depot in 1978. The “With help from investment banker Ken Langone and merchandising guru Pat Farrah, Marcus and Blank opened the first two Home Depot stores in Atlanta the following year. The 60,000-square-foot warehouses dwarfed the competition with more items than any other hardware store.” (The Home Depot Our History) Home Depot sells a huge assortment of building substances, domestic development merchandise and lawn and garden merchandise and offers a number of services. “Today, Home Depot is the world’s largest domestic improvement retailer with almost 400,000 orange-blooded associates and it operates via approximately 2,278 stores, such as 1,977 inside the U.S.A.,

In 2003 Home Depot implemented a plan to remodel and refurbish all out dated stores including in-store checkout terminals, customer service call boxes, a 24-hour customer service hotline and more. After these projects were completed, Home Depot implemented new ventures that would attract new customers such as the Design Center in North Carolina that focused on women shoppers with high end merchandise design and decor. They also added a 6000 square foot Smart Home, designed to showcase new innovative products that doubled as housing for 10 engineering students that does research for Home Depot. By 2010 Home Depot had a total of 2,245 operating stores. Because of operational differences Home Depot was forced to close all its stores in China,

The purpose of this section is to analysis a few of the key strengths and weakness of Home Depot. It will recognize strategies that shape strengths and eliminate weakness. This analysis is an effective and confirmed means to use in the discovery and evaluation phase of strategic planning. Strengths

Diligent and industrious employees in Home Depot should be aware of the general environment. The general environment has a major part in the well-being of Home Depot. This is because there are multiple factors and circumstances that could cause any popular company or organization to either prosper or collapse. Anything can happen, and thinking individuals should be prepared for situations like that. Workers inside companies like Home Depot should try their best to eschew a labyrinth of bad choices.

When the SWOT analysis is done, it is used as the foundation of objective setting, strategy setting and usage. The SWOT analysis is concentrated upon the most important factors and it is useful in a difficult strategic situation. The strengths are analyzed to reach opportunities and to avoid threats. The search of weaknesses is of importance as it allows the manager to minimize them.

Before any company want to make a decision to formulate and implement on some strategies, they would have to evaluate and measure their current performance first. One of the alternative that can be used by the company is through the SWOT analysis. At the most basic step, gather information and conduct analysis about the internal characteristics of an organization and the condition of external market is needed. The SWOT analysis framework involves analysis the strengths (S) and weaknesses (W) of the internal factors of organization, and the opportunities (O) and threats (T) is analysis of its external factors. The weaknesses