Organizational Stakeholders
Over the last several years, Home Depot has been through a number of different challenges. Part of the reason why this was occurring, is because of shifts in the housing market with consumers dramatically cutting back on their spending. This had a negative impact on the earnings of the company and it has resulted in the former CEO Robert Nardelli being forced to resign. The reason why is because, the needs of various shareholders were not being taken into account. ("Home Depot CEO," 2007) Once this occurred, it meant that there would be new management who were attempting to address all of these different needs. To fully understand how this is taking place requires looking at: the various stakeholders for Home Depot, how the CEO manages the demands of stakeholders and the way they are presently addressing these needs. Once this occurs, it will provide the greatest insights as to the how the company has been adjusting to the various changes that have been taking place. While at the same time, it will highlight the numerous ways they are taking these factors into account.
Who are the various stakeholders for Home Depot?
There are a number of different stakeholders for the company the most notable include: the shareholders, customers, suppliers, communities and employees. The shareholders are considered to be owners of the company who share in the underlying profits of the corporation. The customers play an important role in helping the company to increase their overall...
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