can any one help me with SWOT analysis of Home Depot?

Question

i really need the information. specially the opportunies for the Home Depot.

Answer 1

A formulation of a SWOT analysis for Home Depot
Strengths
- rapid expansion
- Establishing a brand name
- corporate structure:
- training
- Personal involvement of CEO - store managers
- Bottom-up training - train the carry-out people first - C225
- Use of technology
- Satellite communications
- UPC scanning - 1989
- Customer service
- Differentiation based on service
- Human resource
- Stock options
- Reduced cost in shares (15% discount)
- Authority Vs. responsibility
- If a store manager wants to change the display or order more/less of a product they do not need to get authorization from headquarters - C227
- Cannibalization of sales of new stores to existing - C228
- Home Depot will open up new stores close to existing stores to:
- Improve customer satisfaction
- Reduce delays in shopping
- Increase utilization by existing customers
- Attract new customers to more convenient locations
- organizational structure:
- Decentralized management:
- Casual working environment in the corporate offices, according to an Human Resource spokesperson
- Regional managers
- There are 20 regional managers
- Each one is only responsible for six to eight stores

Weaknesses
- rapid expansion
- May be expanding too quickly and growing faster than corporate culture can handle
- See C224 - distracting to existing stores
- Corporate structure:
- Promoting from within - only will get an inside prospective
- Advertising
- Their strategy calls for aggressive adverting (C230), yet their sales are growing exponentially, yet advertising is stagnate
- Only targeting on sub market - DIY
- Suppliers
- Purchasing from 1900 - seams too high
- Employee turnover

Opportunities
- Small market share in the home improvement supplies market
- Approximately 5%
- Overseas
- Form partnerships with larger contractors
- Form partnerships with suppliers
- Use of newer technologies - such as the Internet
- Attract new business
- For example offer tips
- Form advertising relationships - i.e. the pop up windows or links on sites

Threats
- Mergers
- If Home Depot mergers with other companies, for example Bowater Warehouse, this may cause incompatibility with the two companies
- Expansion growth:
- This may lead itself to monopolistic inquires - especially if they continue with mergers

Answer 2

Swot Home Depot

Answer 3

Strength= Buying power
Weakness= Housing market fluctuations
Opportunities= Increase market share
Threat= Competition

Answer 4

Strengths: the company is a leader in its field, with a large market share. Weakness: management problems. Trying to run that many stores is difficult, and there have been some problems with service levels. Opportunities: to correct the above weakness. To find new products to enhance the existing line. Threats: Lowe's, which of late has been doing a better job of managing the business.

Answer 5

This Site Might Help You.

RE:
can any one help me with SWOT analysis of Home Depot?
i really need the information. specially the opportunies for the Home Depot.

Answer 6

There are no wrong answers as long as you can back them up. So what do you think the opportunities are? I know you can do this. Don't think too hard or deeply. It's not meant to be that difficult.