Verified Document

Home Depot Corporate

Home Depot Mission statement / goal of company/vision

The Home Depot, Inc. has established itself above and beyond its competitors by employing a development approach of building up its core capabilities by providing each consumer a distinctive encounter via shop modernization, having a number of exclusive products, offering top quality service representatives, and specialized information technologies. Subsidiaries associated with Home Depot, Inc. offer specialized solutions to equally the individual property owner along with the qualified professional consumer.

History / background of company

The Home Depot, Inc. has been the world's biggest house improvement store and also the second biggest retailer within the U.S., generating 64.8 billion dollars in income over the last fiscal year. Working under the retail price method Home Depot originates its crucial success elements based upon a tight-cost management method, steadiness of sourcing options, along with a development approach influenced by core capabilities. Home Depot's development approach enables additional marketplace penetration by improving a value chain of reduced priced premium goods and also the growth of brand new store platforms to assist expanding marketplace tendencies. The effective integration of distribution facilities that reduce transaction expenses, an expansive merchandise choice via exclusive as well as proprietary contracts, and also the introduction of a high quality assurance plan placed Home Depot to generate steady above-average earnings inside a remarkably fragmented retail industry (house improvement).

Service provides / target market

Home Depot offers a mix of high-quality products for every area of house development. Inside a remarkably aggressive marketplace Home Depot depends on competitive costs methods, service-oriented representatives, and offering...

The Home Depot, Inc. offers specialized solutions for the consumer marketplace via two key kinds of shops, Home Depot Shops along with EXPO Design Center Shops.
Home Depot Shops promote an extensive selection of construction supplies for house improvement, lawn as well as garden goods, and offer numerous beneficial solutions. HD broadened numerous in-store initiatives as well as systems to improve consumer loyalty

Hierarchy / organizational chart

The Home Depot has produced a number of modifications within its retail business to improve problem solving, boost in-store delivery as well as further improve the Company's focus towards the consumer.

The subsequent middle management are accountable to Bob Nardelli, who is currently the president, chairman as well as CEO of HD:

The Business's 4 division presidents within the U.S. And also Mexico: Bruce Merino who is the president of the Western Division; Paul Raines who is the president of the Southern Division; Marvin Ellison who is the president of the Northern Division; Annette Verschuren who is the president of the Home Depot Canada ever since 1996.

Craig Menear, SVP-Merchandising currently has been in charge of each of the Company's retailing endeavors. As intended, Tom Taylor, previous merchandising and also marketing manager, has signed a long-term consultation contract together with the Company. Roger Adams, has become SVP & Chief Marketing Official. Adams continues to steer the Company's marketing initiatives. Mark Holifield, who signed up with the Company earlier this year positioned as SVP-Global Supply Chain pursuing almost 3 decades of employment in logistics, transport along with supply chain operations.

Human resources / employee benefits / career options

The Home Depot…

Sources used in this document:
References

Home Depot Annual Reports/Statements

Home Depot company website http://careers.homedepot.com / http://careers.homedepot.com/" target="_blank" REL="NOFOLLOW" style="text-decoration: underline !important;">http://careers.homedepot.com/our-culture / http://www.cogmap.com/chart/home-depot http://Zacks.com

Home Depot Logo: http://www.famouslogos.net/home-depot-logo
Cite this Document:
Copy Bibliography Citation

Related Documents

Home Depot
Words: 1525 Length: 6 Document Type: Research Paper

Home Depot is the largest home improvement retailer in the world and one of the biggest retailers. It has consistently grown over the past decades, since its start at the end of the 1970s, and has expanded into Canada, Mexico and China. It has diversified its network of suppliers and continues to offer a large array of products to its clients. Competition remains significant, both with the presence of Lowe's on

Home Depot
Words: 611 Length: 2 Document Type: Term Paper

Home Depot Industry overview about home depot and its position in the Market in comparison to its closest competitor Lowe's Home Depot Inc. became a corporation in 1978 and currently has over 1500 stores. The stores are full service warehouse style, stores that sell more than 40,000 products related to home improvement. (HD Full Description) Multex Investor also reports that, Home Depot operates four wholly owned subsidiaries: Georgia Lighting, Inc., Apex Supply Company,

Home Depot
Words: 1379 Length: 3 Document Type: Term Paper

Home Depot In order to answer the main question of the price to be paid within one year time for 100 shares of the company, it is important to know the price of one share at that point of time based upon the past performance of the shares and its' expected movements. If compared the price and performance of the Home Depot shares since 1984, which is the time since when

Home Depot You Can Do
Words: 2167 Length: 8 Document Type: Term Paper

Furthermore, the Home Depot employs many community members providing them with a livelihood enabling them to earn a living. Additionally, the special activities of the Home Depot in the community in which they are located results in benefits realized by community members in various areas such as housing, workshops, clinics, and other specialized services of the Home Depot. The slogan used by the Home Depot of "you can do

Home Depot Vs. Lowes Executive
Words: 8368 Length: 21 Document Type: Term Paper

Apart from that there is another type of risk which can surface even in case the market continues its upward march. In the event employees exercise their ESOPs in huge numbers, external shareholders could oppose the diluting impact of these option grants on the value of their shares. A situation might crop up that old possible tensions among employee interests and shareholder interests are not all of a sudden

Home Depot Is the Giant
Words: 1332 Length: 4 Document Type: Term Paper

International Presence Home Depot has major presence in Canada other United States and has successfully established its business in the country. Before Home Depot Canadian home improvement market was ruled by Rona chain of stores which also has a number of branches all over the country. After penetrating the market Home Depot challenged the position of Rona and now is in cut throat competition with it as Home Depot also has

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now