The Home Depot

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    Bob Nardelli joined the Home Depot team in 2000, when it was already successful. However, he also joined during a time when the company had grown so rapidly so quickly that changes needed to be made. While he created his own change model, had he known about Kotter and Cohen’s 8-step change model, he may have met fewer challenges (Kotter & Cohen, 2002). When Nardelli first arrived at Home Depot, he was deemed an outsider of a close-knit organization. Nonetheless, the board had made the decision that he was the best person for the task at hand. Being a seasoned manager, Nardelli, who had the expertise to see continued growth, provided the base for the changes Home Depot needed (Charan, 2006). The first step that Nardelli quickly recognized was…

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    Handy Dan Home Depot

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    Where else would you find a customer driven workplace? Where their focus is to be number one in the nation for exceptional customer service. Look no further then The Home Depot (HD) the nation largest home improvement retailer. Carrying a whole array of assortment of building material, Lawn and garden supply. In reference to the article "How the Home Depot Makes Money", the HD strive to make shopping more enjoyable. The Home Depot originated from "Arthur Blank, and Bernie Marcus, in the year…

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    To follow its motto of “Building Towards Success” the Home Depot needed to set out for itself a very clear mission, “To provide the highest level of service, the broadest selection of products and the most competitive prices. We are a values-driven company and our eight core values include the following: Excellent customer service, Taking care of our people, Giving back, Doing the ‘right’ thing, Creating shareholder value, Respect for all people, Entrepreneurial spirit, and Building strong…

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    Introduction The Home Depot of Canada is one of Canada’s largest home improvement retailers with over 27,000 employees (MarketLine Company Profile, 2016) and recorded revenues of over 66 billion dollars in 2010 (MarketLine Industry, 2013). The Home Depot is a titan of industry in the retail market and continues to grow today. HD Canada offers many lines of products and services to meet the budget and the needs of customers all across Canada. HD Canada is also a large presence in the communities…

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    Home Depot’s Background Information History The Home Depot was founded in 1978, by Arthur Blank and Bernie Marcus. Despite the fact, that Home Depot manufactures home and construction improvements it is a U.S. based hardware retailer that offers some services. However, the first two Home Depot stores were opened on June 22, 1979, in Atlanta, Georgia as a vision of one-stop shopping for do-it-yourselfers. Home Depot went public in 1981, and was on NASDAQ when they moved in 1984 to the New York…

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    Home Depot strives to stay ahead of the competition by building numerous, large warehouse type stores in lucrative locations and employing skilled staff to service its customers. The company utilizes a state of the art reordering system, which maintains a favorably high rate of inventory turns. Since its inception Home Depot goal is to be the largest supplier of home building supplies. Home Depot offers do-it-for-me installation programs that include products such as carpeting, flooring,…

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    the strategies to be adopted to promote organizational performance. Home depot and Lowe 's Companies Inc. are among the biggest home improvement retail chains in the United States necessitating the development of a SWOT analysis to differentiate the two companies and their performance. Home depot Inc. is among the world biggest home improvement retailer. It sells commodities…

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    Home Depot Case Study

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    point increase from 2001, which reflects management efficiency and asset control (Hunger and Wheelen) (Annual Report). Earnings Per Share improved by 21%, because of Home Depot’s repurchase of 69 million shares. This repurchase of Treasury Stock avoided a diluted effect in per share calculation (Annual…

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    the GDP growth rate was 9.8% whereas the home improvement market was worth $50 billion in sales with a growth rate of 12%. Following tight monetary policies, the inflation rate for China has remained at 8.9 % since 2001. Besides, there was $637.42 billion worth of property being constructed and this made up 28% of the country’s GDP in 2005. Considering these estimates and the expected…

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    1. Categories of Service When The Home Depot was founded in 1978 by Bernie Marcus and Arthur Blank, it began changing consumers’ perspectives, which is about how they could improve and care for their homes. In the past, The Home Depot created the “do-it-yourself” concept, spawning an entire industry that now spans the globe. Their customers have traditionally been the "do-it-yourself" homeowners. Nowadays, their customers want The Home Depot to actually complete the work for them. The Home Depot…

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