Home Depot Case Study

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The Home Depot, Inc. |
Suggested Growth Strategy |
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Table of Contents
Executive Summary……………………………………………………………………………….2
Strategic Audit Case Analysis………….........................................................................................4
Introduction 4
Past Corporate Performance 5
Financial Analysis - Ratios 5
Financial Analysis – Financial Statements 6
Financial Analysis – Industry/Competitor Comparison 7
Strategic Posture 8
Current Mission 8
Current Objectives 9
Current Strategies 9
Current Policies 10
Corporate Governance 12
Board of Directors 12
Leadership Team ….14
External Environment 15
Societal Environment 15
Task Environment – Industry Analysis 19
Internal Environment 22
Corporate Structure 22
Corporate Culture 22
Corporate Resources 23
Analysis of Strategic Factors 26
Key Internal and External Factors 26
Review of Mission and Objectives 28
Alternatives and Recommendations 29
Strategic Alternatives 29
Recommended Strategy 30
Implementation 31
Evaluation and Control 32
Appendix………………………………………………………………………………………34
Figure 1: Balance Sheet 34
Figure 2: Income Statement 36
Figure 3: Financial Ratios 37
Figure 4: Corporate Governance 38
Figure 5: Internal Strategic Factor Analysis 39
Figure 6: External Strategic Factor Analysis 40
Figure 7: Strategic Factor Analysis Summary…………………………………....……...40
Bibliography…………………………………………………………………………………42

Executive Summary
It is our recommendation that The Home Depot implement the pause/proceed with caution strategy, in order for The Home Depot to continue to grow and accomplish its Mission Statement’s objectives. This strategy will allow The Home Depot to rest before continuing to grow and expand. The short-term duration of the strategy will allow the company to emerge as once again the largest home improvement retailer, with an increasing shareholder’s value.
The primary reason for The Home Depot to use a pause/proceed with caution strategy is due to the... [continues]

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