MGMT 407 HOME DEPOT ANALYSIS- CASE 1
Home Depot: Building Towards Success
1. The Home Depot gives back through volunteerism, philanthropy, product donations and sharing expertise.
The Home Depot is in the home improvement business and their goal is to provide the highest level of service, the broadest selection of products and the most competitive prices. Home Depot is a values-driven company. The above sentence is the mission statement of The Home Depot. The mission statement itself reveals what kind of standard The Home Depot is looking for.
The Text in Chapter 4 defines philanthropy as giving back to the communities and causes. Voluntary practices is also defined as including beliefs, values, and voluntary contractual obligations of a business.
The Home Depot Foundation in 2002, The Home Depot Foundation was established to serve as the charitable arm and to further the community building goals of the Company by providing resources to assist nonprofit organizations. The mission of The Home Depot Foundation is simple...to improve homes and improve lives. Through partnership with local nonprofits, grants and the efforts of Team Depot, our associate volunteers, we focus on repairing and refurbishing homes and facilities that serve disadvantaged families and individuals. In 2011, The Home Depot Foundation focused its financial and volunteer resources to help nonprofit organizations dedicated to improving the homes of economically disadvantaged veterans. To this date, the Foundation has committed $80 million to these efforts. Team Depot, the Home Depot’s associate-led volunteer force, uses the time and talents of associates to meet community needs through hands-on service. Team Depot Captains in each store coordinate volunteer efforts through non-profit organizations to benefit their local communities. Through Team Depot, thousands of Home Depot associates positively transform neighborhoods and perform basic repairs and modifications to homes...
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