Supply chain has never been Home Depot’s key strategic priorities in the past. Instead‚ the Atlanta-based home improvement’s management had always been focusing on expanding its stores. At the time‚ the company’s emphasis on expansion was appropriate considering the history of massive growth. What originally helped Home Depot’s growth was a decentralized business model where stores were populated with highly knowledgeable sales persons with backgrounds in various building trades. Regional and store-level
Premium Customer service Lowe's Management
A matrix structure is superior to a functional and a divisional structure. Please‚ comment on this statement. In your answer‚ pay special attention to advantages and disadvantages of each structure and discuss them systematically. "If the body be feeble‚ the mind will not be strong" (Thomas Jefferson‚ 1786). If the foundation something is built upon is weak‚ the whole object will be adversely affected. Likewise‚ in an abstract manner‚ it is with any kind of model or structure. Looking at it from
Premium Organizational structure
traded global firm‚ The Home Depot‚ Incorporated leads the world in retail building supplies and home improvement goods. According to the 2009 Form 10-K reported to the Securities and Exchange Commission (SEC)‚ the company maintains 2‚244 retail sites “Located throughout the United States including the Commonwealth of Puerto Rico and the territories of the U.S. Virgin Islands and Guam (“U.S.”)‚ Canada‚ China and Mexico” (The Home Depot: Annual Report‚ 2009). The Home Depot wisely forecasts and assesses
Premium Strategic management Earnings before interest and taxes Sales
Efficient Information Exchange One of the advantages of implementing the matrix organizational structure in a business is that it can lead to an efficient exchange of information. Departments work closely together and communicate with each other frequently to solve issues. Efficient lines of communication enhance productivity and allow for quick decision-making. For example‚ in a matrix structure‚ individuals from the marketing‚ finance and product departments may confer with one another to formulate
Premium Organizational structure Communication Organization
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
Premium Business ethics Management Ethics
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
Premium Customer service Retailing The Home Depot
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
Premium
| Final e-Marketing Plan | Home Depot | | Asheenita S. King | 3/2/2013 | | Table of Contents I. Executive Summary (Assignment 8.2) For most people‚ their home is the biggest financial and emotional investment they make. Before computer technology was as advanced as it is today people had to rely on the Yellow pages or the suggestion/advice of strangers‚ neighbors‚ friends‚ and/or family members if they wanted the perfect tool to the job themselves or to find the right
Premium Marketing Customer service Home improvement
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
Premium Management Stakeholder Strategic management
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
Premium The Home Depot Decision making Marketing