Home Depot Organizational Structure

Home improvement is an enormous business. Many people are interested in investing in this kind of business because it is one of the basic needs for a human to survive. Under a great pressure from competitions, the organization needs to make their business sustainable to ensure healthy of future generations. The essential part of growing the business is not just about making a profit, it's about how well managing the business efficiently. There was the theory that coined by John Elkington in 1994. The theory is called "TBL" stands for "Triple Bottom Line." In another word, the three Ps (people, planet, and profit), or known as "The three pillars of sustainability" (Slaper, 2011). The sustainable organizations need for managing and balancing

Home Depot looks at customers as the first priority. The company supports its customers with high-quality retail services with expert advice and the wide range of products. For employees, Home Depot offers opportunities for employees to develop their career with training programs, which will enhance their skills and abilities in a specific field. They also provide a variety of healthcare options for employees, both full time and part time jobs. Home Depot's salaries are above minimum wages. According to Glassdoor.com, the lowest average wage as Home Depot cashiers is $9.31 per hour (The Home Depot Hourly Pay, 2016). To make sure investors satisfaction, Home Depot amend and change strategies and leadership to retain investors' trust. Another crucial group is suppliers, the company provides supplier diversity program not only to draw more small and diverse suppliers but also help them to maintain a relationship with the company. Home Depot makes a lot of action for the community. It has corporate social responsibility programs called Home Depot foundation grants. These foundation grants separated into two groups. First, community impact grants. Every year, it offers volunteers to have opportunities to help renovate, repair and improve community facilities, such as schools and senior centers. Another foundation grant happens

Home Depot has update strategies in sales and marketing. It releases new innovation to create new demand. Kitchen and garden products are the best profitability of Home Depot. These types of products almost 30% of revenues in 2014(Soni,2015). From 2009 to 2015, Home Depot's ebitda or earnings before interest or tax indicate that margin increase because the lower operating expense from improving performance. Home Depot performance has been boosted by managing better inventory, improving in supply chain and decreasing in energy price(Soni,2015). Home Depot has two dominant strategies: cost leadership and broad differentiate. Cost leadership is the first store advertised strategy is everyday low price (EDLP) pricing strategy to influence customers, while broad differentiate is about provided high-quality services and various of products. Home Depot's employees are full of experts with different expertise. Home Depot is very effective in marketing. It has different ways of advertising, such as tv commercial, sale promotion, and store personnel. Customer services are the company marketing effort. Home Depot targets on almost every group of customers. The company always modernizes new innovation to attract more customers and produce new needs. The technology is that innovation. In the last few years, Home Depot has an alternative retail strategy called Omni-channel options, a combination between the digital and physical store, to