Home Depot Is Relatively Strong Thesis

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These are subordinated, however, to the primary functional units within HD's organizational structure are Merchandising, Human Resources, Enterprise Program Management, Retail Finance, it, and Investor Relations. After these functional breakdowns, there are several sub-breakdowns, but the bureaucratic, hierarchical structure is maintained.

Home Depot's management team is in a state of transition. The bulk of their Board and Executive group have been brought into their current positions within the past two years. The longest-serving member of Home Depot's executive team is Ricardo Saldivar, President of Home Depot Mexico, who ascended to that position in 2006. The group is overwhelmingly white and male, but each team member has significant experience in the corporate world.

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Thirteen of 15 Board members are independent, and each has substantial business experience.

The competitive profile matrix vs. The main competitor, Lowe's, illustrates Home Depot's strong market position. Smaller competitors were not included because they are simply not competitive. Other companies, such as Wal-Mart may compete on a few products but do not carry a broad enough range of products in direct competition with those carried by Home Depot. The competitive profile matrix shows that both HD and Lowe's are strong competitors, but that Home Depot's superior size, global diversification and their ability to form strategic alliances gives them an edge over Lowe's.

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"Home Depot Is Relatively Strong" (2008, December 19) Retrieved May 20, 2024, from
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"Home Depot Is Relatively Strong", 19 December 2008, Accessed.20 May. 2024,
https://www.aceyourpaper.com/essays/home-depot-relatively-strong-25674
   

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