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Home Depot Business Analysis

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In the recent times we have seen a wild frenzy towards the digital paradigm with numerous enterprises embarking on the journey to become digital businesses. In a radical shift businesses are moving beyond their traditional models and creating digital ecosystems where the boundaries between businesses, customers and intelligent devices are blurred creating hyper value for the whole network. The change is being brought by the unprecedented consumer expectations and businesses being run in entirely novel ways. For example- Home Depot is redefining the connected home space by aiming to shape the way people live through intelligent devices & touch points. Home depot is working with its vendors to make all the connected home products they sell compatible …show more content…

To address these developing market pressures, enterprises are taking up the Hyper Integration approach (An architecture that enables faster response time, dynamically scalable and resilient) which is enabled by 3 crucial levers- a) Wrap & Renew- ‘Service-Enabling’ legacy landscape for the Digital Enterprise • SOA Enablement • Integration shared service • Workflow enablement • Event driven interaction • Externalize processes and business rules b) Adaptive Enterprise- Abstract workflow, process steps, rules to enable rapid response to change • Process Orchestration • Straight thru processing • BPM Implementation Services • Rules Management Services • Real Time Analytics and decisioning c) API-fication- API led externalization of functionality • API Management • Real-time Channel …show more content…

Now that the focus is shifting from Cost cutting to providing differentiated consumer experiences, BPM is also being catapulted to the front office. The expectations are shifting to a paradigm where BPM will act as the driver of the top-line revenue growth and will deliver easy to adopt consumer experiences. The focus is changing from efficiency improvement to consumer experience improvement. 3. Core business process mobile enablement Mobile disruption will propel the next wave of digital process innovation. We have seen various marketing departments deploying multiple overlapping applications in a mobile driven craze. In many cases these mobile applications end up duplicating the core business processes instead of integrating with them. Enterprise architects & integrators are now increasingly focussing on the mobile enablement of the core business processes to enable the context, speed, flexibility and ease of interaction expected by today’s mobile generation. 4. Repeatable and interconnected Process

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Current Strategies: Kohl’s Department Store plan is to operate many stores as possible after 5 years. Additionally they planning to have the “Lowest Prices of the Season” sale for the every customer. Kohl’s will still continue their coupon and discount cards to attract more customers. Kohl’s strategy is to have many sales as possible by having low prices of their products (Cadence, 2010). Macys on the other hand strategy plan is to attract customers by offering superior selections of products with reasonable value.

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