Home Depot Case - Home Depot Case Analyze the Home Depot...

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Home Depot Case Analyze the Home Depot case in the textbook and develop a response to the questions below: How would you describe the culture at Home Depot? The culture at Home Depot was a culture set primarily by the founders, Mr. Marcus and Mr. Blank. It was a culture marked by an entrepreneurial high-spiritedness and a willingness to take risk, a passionate commitment to customers, colleagues, the company, and the community, and an aversion to anything that felt bureaucratic or hierarchical. All of this led to the company’s success. Discuss the impact of the cultural change and the reaction of the employee. When the founders of Home Depot left and the new CEO Mr. Nardelli came along, employees found it hard adjusting. They felt an outsider would “GE-ize their company and culture.” The changes Nardelli brought about was dealing with immediate problems that weren’t readily apparent, shortage of experienced store & district managers as well as the challenge from Lowes, poor inventory turns, low margins, and weak cash flows. Nardelli laid out new strategies from the store, the centralized leverage buying power, reevaluation was done on store operations, detailed data transparent
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Home Depot Case - Home Depot Case Analyze the Home Depot...

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