Strategy for Home Depot

In: Business and Management

Submitted By Jiman
Words 1328
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HB Case Study Collision Course : Bob Nardelli and the Home Depot Shareholders

2013. 11. 14

Introduction of our members
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신경식 Shin, Kyung Sik
김지연 Kim, Ji Yeon

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Contents of Presentation

1. HD Introduction 2. Summary of Article 3. Issues 4. Recommendation & Implementation 5. Conclusion

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Home Depot

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Home Depot
[Company History] • Founded in 1978 (by Bernard Marcus, Arthur Blank, Ron Brill and Pat Farrah) • American retailer of home improvement and construction products and services. • Head Quarter : Atlanta, US Stores
• US: Including all 50 US states • Canada: All 10 provinces • Mexico, China, South America and UK

Market Position
• Largest home improvement retailer in US in terms of overall revenue based on strong customer service ethos

Culture
“Everybody here feels that it is their company” - Home Depot director, Don Keough “Directors were required to meet with customers & offer insights…” - Business Week
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Nardelli career history
• 1971 : joined General Electric in 1971 as an entry-level manufacturing engineer • 1988 ~ 1991 : executive for a division of the construction equipment maker, J. I. Case Company • 1995 :president and CEO of GE Power Systems, also having the title of GE senior vice president. Also known as "Little Jack", after his mentor Jack Welch ambitious for succession after Jack Welch • received a job offer from Kenneth Langone, who at the time was on the boards of both GE and The Home Depot.

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Brief history of The…...

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