captivate, retain, and motivate its employees. Therefore, external as well as internal equity play an important role in an organization’s design of its compensation structure. In this essay, it shall examine the total compensation plans for the Home Depot Corporation and IBM Global Services, focusing on internal as well as external equity. Additionally, it shall also review the various advantages as well as disadvantages of internal and external equity for both organizations. Finally, it will provide
Words: 310 - Pages: 2
CHAPTER CLOSING CASE FROM CHAPTER ONE: PLAYING HARDBALL AT HOME DEPOT BRIEF SUMMARY: This case was mainly about Home Depot’s turning point on its sales increases after the new CEO Robert Nardelli had taken charge of the corporation. The way which Nardelli applied to change the old fashion of running the business was highlighted in the text. Described as command-and-control, the method he used which can be traced back to 1950s was simple and straight and it can be characterized as emphasis on
Words: 1295 - Pages: 6
spot to Jeff Immelt, he exited the company. Then, Nardelli took over as CEO of the home retailer Home Depot in 2000. Nardelli brought discipline to Home Depot but the shifting of gears was shocking to a lot of people who were well accustomed to his predecessor Bernie Marcus’ laid-back style. By many benchmarks, including sales, gross margins, and profits, Bob Nardelli did a fairly good job at Home Depot. However, Nardelli came under fire and
Words: 1521 - Pages: 7
Background The Home Depot was founded in 1978 by Bernie Marcus and Arthur Blank in Atlanta, Georgia after they were fired from their executive post at the Handy Dan Home Improvement Centers in California. The founders began the home improvement company around their vision of “one-stop shopping for the do it yourselfer” opening their first two stores in 1979 in Atlanta, Georgia in a cavernous warehouses that dwarfed the competition stocking 25,000 stock keeping units (SKUs), much more than the average
Words: 2091 - Pages: 9
Environment Analysis Introduction This essay is written in regards to the Home Depot and the evaluation of their external environment. The Home Depot is a highly successful retail industry that has expanded globally. The Home Depot has a wide variety of supplies and materials for all home improvement projects. They even have tools, equipment, and trucks that can be rented out to assist with any larger home improvement needs. The Home Depot has made a continuity plan to assist with protection of the customers
Words: 1180 - Pages: 5
History Bernie Marcus and Arthur Blank founded the Home Depot in 1978. Along with investment banker Ken Langone and merchandising guru Pat Farrah, the founder’s vision of one-stop shopping for the do-it-yourselfer came to existence when they opened the first two Home Depot stores on June 22, 1979, in Atlanta, Georgia. The first stores, at around 60,000 square feet each, were cavernous warehouses that dwarfed the competition and stocked 25,000 SKUs, much more than the average hardware store at that
Words: 2464 - Pages: 10
share of control over the building supply and home repair industry is Home Depot. Home Depot opened their first two stores in 1979 and was the first to offer a warehouse style atmosphere and high volume of inventory that no other home improvement or hardware store offered with 25,000 SKU’s and to date offers 1,972 stores and over 40,000 products (“Our History”, 2010). Lowes is a competing store that offers a very similar environment and products as Home Depot. The first Lowes was opened in 1946 and they
Words: 1017 - Pages: 5
at some point of your life. And most of you own a vacuum cleaner. But aren’t you tired of those heavy and big machines that don’t even fit in small corners? It is a pain to drag them, right? It even takes a ton of space to store them. Well, today Home Depot brings to you the Black&Decker dust buster! The only dust buster that can make your life easier in any cleaning situation. It fiercely absorb small to medium-size particles, and even liquid (demo). Any spill can be easily cleaned without wasting
Words: 387 - Pages: 2
Home Depot Business Environment Communication Channel Scenarios MGT 521 March 3, 2012 Jacob Nichols Home Depot Business Environment The Home Depot is the world’s largest do-it-yourself home improvement retailer that was founded over thirty years ago in Atlanta Georgia by Bernie Marcus and Arthur Blank (The Home Depot, 2011). Through the lifespan, The Home Depot expanded from a two store operation into the fourth largest grossing retail store as reported by the Fortune 500 listings (CNN
Words: 1918 - Pages: 8
Home Depot A. Executive Summary * Introduction * The Home Depot Story - First Stage (1979-2000) * The Home Depot Story – Second Stage (2000 – 2006) * Problem Identification * Case Questions Introduction * Home Depot was founded in 1978 in Atlanta, Georgia by Bernie Marcus and Arthur Blank. * Both of them worked at Home Improvement Company in California and were fire by this company. * So instead of looking for a new job they decide to start up their own business
Words: 1495 - Pages: 6
