strategic audit of the home depot
TRANSCRIPT
A Strategic Investigation
Akhtiara Erskine
October 10, 2014
Home Depot
THE HOME DEPOT
Headquarters: Atlanta, Georgia
Incorporated 1978: Delaware
IPO: 1981 “HD”
Stores: 2,263 in USA, Mexico & Canada
Employees: 300,000+
Annual Sales: $78 Billion
20% Market Share
Corporate Governance: 2 Insiders, 8 Outsiders
10/10/2014Akhtiara Erskine
Orange-Blooded
Mission: to provide the highest level of
service, the broadest selection of products
and the most competitive prices
The Home Depot’s Core Values:
10/10/2014Akhtiara Erskine
Strategies and Objectives
Strengthen performance
Gain market share
Seamless customer experience
Customer Service
Product Authority
Disciplined Capital Allocation
Interconnected Retail
10/10/2014Akhtiara Erskine
SWOT Analysis: Strengths
Brand Name Awareness
Strategic Product Alliances
Shareholder Minded
Excellent Performance
10/10/2014Akhtiara Erskine
SWOT Analysis: Weaknesses
Customer Service
Attracting Quality Associates
Privacy and Security
Reliant on Third Party Suppliers
10/10/2014Akhtiara Erskine
SWOT Analysis: Opportunities
Further Expansion in Mexico, Canada and US
Become Best Places to Work
New CEO, New Strategy?
Increased Demand for Interconnected Retail
Recession Recovery
Increasing Home Maintenance Needs
10/10/2014Akhtiara Erskine
SWOT Analysis: Threats
Rivalry from Competitors: Lowes, Friedman’s
(locally)
Relative Power of Government: Laws and
Regulations
Legal Proceedings
Weather Conditions
10/10/2014Akhtiara Erskine
Pestel Analysis
Home
Depot
Political
Social
Technology
LegalEcononom
ic
Environment
10/10/2014Akhtiara Erskine
Financial Analysis
10/10/2014Akhtiara Erskine
Home Depot: Recommendation
Continue current strategy
Become best places to work
Thank You!
10/10/2014Akhtiara Erskine