Home Depot Analysis Essay Example for Free

main office depot Analysis EssayStrategic audit1. Current SituationA. Current PerformanceThe Home Depot Inc. performed quite surface in the past few years from 2000- 2005. Firstly, It opened more than 900 stores until 2005 and their sales doubled during that period as well. Secondly, The Earnings per sh atomic number 18 growth at least(prenominal) 20% in each of the year from 2000 till 2005. Thirdly, it accounts 10% market share of the US home appliances market by the end of 2005. This growth is large because The Home Depot was just an inconspicuous company five years before. To sum up, its financial success ensures the company to create values to the shareholders.B. Strategic rigMission The Home Depot is a home improvement retailer. It can be categorized as a retailer that devilries products and services at the kindred time because the goal of The Home Depot is to provide the highest level of service. The Home Depot is not just selling home improvement products but also installing the products, thus it combines the warehouse-format stores with a high level of customer service. Objectives The slogan of the company is Improve Everything We Touch. Strategies The Companys overall strategy is enhancing the core, extending the business and expanding the market. The 3E are consistent with each other.Policies2. Corporate GovernanceA. Board of DirectorsThere are 11 people in the board of directors and 9 of them were external member, which called no-management directors. The directors are in full of experience in different aspects they are closely working together to ensure the company is in the right track. Robert Nardelli Chief Executive Officer of Home Depot. He is an inside director. Milledge Hart non-independent outside director. He is an external member. Kennth Langone Lead Director of the Board.Non-Management DirectorsGregory D.Brennman chief executive officer and chairman of Burger King. Owned 33,519 of Home Depot stock. John L.Clendenin CEO and c hairman of Bellsouth Corporation. Owned 38,832 shares of Home Depot stock and chaired the boads Audit Committee. Claudio X.Gonzalez Chairman and CEO of Kimberly-Clark de Mexico.Owned 64,457 of Home Depot stock. Milledge A,Hart Chairman of DocuCorp International. Owned 3,568,411 of Home Depot stock. Bonnie G.Hill Owned 22,370 of Home Depot stock, etc.4. Internal EnvironmentC. Corporate ResourcesResearch and Design