Home Depot Strategic Audit

abode storage, Inc. strategic Audit Scott Randall MGMT 479 24 April 2011 Synopsis: dental plate stock is a multinational company with over 2,000 interjects primed(p) crossways the United States, Canada, Puerto Rico, Mexico and Argentina. The company was founded in Atlanta, Georgia, by tether men, Bernard Marcus, Arthur unoccupied and Kenneth G. Langone and went on to become the worlds largest home(a) returns breed and second largest retailer after Wal-Mart. (Wheelen, 20-2) By 1980, on that point were four bag end stores candid in compound parts of Atlanta with total annual sales of $22.3 one thousand million. neat after, Home Depot expanded further south and undefendable up four more store in Florida and by 1988, there were 100 stores in place. This number expanded to store number 2,000 in 2005. The corporation consists of several entities, including Home Depot, Home Depot Supply, Home Depot Landscaping Supply, EXPO chemical formula Cente r and Home Depot Floor Store with a combined total of 345,000 associates. Annual sales reached $81.5 one million million in 2005 with earnings per share more than duplicate from $1.10 in 2000 to $2.72 in 2005. After co-founder Arthur Blank retired as chairman and CEO in 2000, Robert L. Nardelli took over the reins as the new CEO. Nardelli was a successful executive director at General voltaic and appeared to be a undischarged fit with Home Depots culture.

However, Nardelli had his own strategies that would rapidly boost Home Depots growth, but with a lot of negative results. Strategic Audit * C urrent Situation A. Current Performan! ce * 2005Sales of $81.5 jillion increased 11.5% from $73.1billion in 2004 (Wheelen, 20-27) * Total assets on January 29, 2006 was $44.482 billion (Wheelen, 20-30) * typesetters case its 2,000 store in 2005 (Wheelen, 20-1) * Employed over 345,000 associates in 2005 (Wheelen, 20-1) * naturalised 16 import distribution centers in the U.S. and Canada (Wheelen, 20-20) B. Strategic berth 1. mission: A new mission statement was...If you involve to fail a full essay, order it on our website: OrderCustomPaper.com

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