Home Depot, INC. Group 11

Bottom Line Up Front

Home Depot Inc. must seek to expand outside of the US market in order to improve the core competencies to match the critical home improvement industry success factors.

Home Depot Inc. CEO: Craig Menear

Company Information

  • Home Improvement Industry
  • World’s largest brick-and-mortar home improvement retailer
  • NAICS code: 444110 - Home Centers
  • Purchase from manufacturers and wholesalers & sells to the customers

Supply Chain Factors

  • Per capita disposable income
  • Private spending income for home improvements
  • Housing starts
  • Number of households

Major Players

  • Home Depot Inc
  • Lowe's Companies Inc
  • Menard Inc

What are the internal and external factors that affect the company currently for future growth?

Proposed Change

Globalization

Demand Shifters

Culture and Social

Economics

Market Size/Competition

Kotter's Change model : How will this affect the company's core competencies?

  • How this method benefits Home Depot Inc.
  • Removing Barriers: Factors involved with emerging globally
  • The core competencies are unique
TO IMPROVE IS TO CHANGE; TO BE PERFECT IS TO CHANGE OFTEN." -WINSTON CHURCHILL
"Where there is no vision, the people will perish." - Proverbs 29:18

Conclusion

Vision leads change into successful business outcomes

Globalization can be risky, yet is a strong opportunity for Home Depot Inc.

What is your view of Home Depot Inc.'s customer service?

Do you think this kind of business would flourish outside of the US market?

Credits:

Created with images by Seabamirum - "untitled image" • palacy - "Wood" • palacy - "Wood" • palacy - "Wood" • Sharandra - "Rough Wood 2" • 19melissa68 - "wood step" • Seabamirum - "untitled image"

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