ipl-logo

Home Depot Mission Statement

486 Words2 Pages

People often seek work in places that they like to shop. That combination can create teams of people who support the head office, support their colleagues and support their customers! Throw in a hard earned orange Home Depot apron and you have a strong team of people who love their work and love their customers. How do they do it?

Summary

All successful businesses must have a mission and vision statement. Home Depot's mission, as found on the website http://www.missionstatements.com, is stated as: "Our goal is to provide the highest level of service, the broadest selection of products and the most competitive prices. We are a values-driven company and our eight core values include the following: Excellent customer service; Taking care of our people; Giving back; Doing the ""right"" thing; Creating …show more content…

They claim their success in part, to the support they offer their associates through training, recognition and rewards for good performance and by leading people to grow their potential.

2.Giving back to our communities: The Home Depot has created The Home Depot Foundation which demonstrates strong community support for initiatives such as housing, income support, educational grants, and many more.

3.Doing the right thing: Home Depot makes a conscientious effort to be good corporate citizens acting in accordance with high moral and ethical intentions.

4.Excellent customer service: By hiring enthusiastic people who love helping people and through training their associates to be knowledgeable about merchandise and advice, customers truly feel that they get maximum customer service.

5.Creating shareholder value: It appears shareholders and capital investors continue to support Home Depot. The New York Stock Exchange (NYSE:HD) confirms that Home Depot is a strong buy. Investors who provide capital to HD continue to receive a return on their

Show More
Related

  • Compare And Contrast Home Depot And Lowe's Annual Report

    1050 Words  | 5 Pages

    Annual Reports and Press releases The annual reports and press releases of both companies slightly differ though with a portion of similarity. Although, Home Depot’s annual report is composed at the headquarters of giving an inclusive report on all of the retail stores in the world, through the company’s website these reports posted can be found. Therefore, this being impartial and all-inclusive to an extent of analysis it would have to be done on the contrasts, similarities, profitability, and performance of different retail stores in different regions or countries. However, the shareholders and customers analyze the summary provided to know the general performance.

    Read More

  • Target's Corporate Fact Sheet

    560 Words  | 3 Pages

    Since the company was founded as a corner store, the company’s business plan has always emphasized on expect more, pay less brand promise that sets it apart from its chief rival, Walmart. Although, Walmart is known for its low prices and offers a large selection to its customers; it’s customer service is often found to be nonexistent. This

    Read More

  • Comparison Of Home Depot And Lowes

    370 Words  | 2 Pages

    When I wish to do home improvement or purchase home materials, I think of Lowes or Home Depot. I also think about Sherwin Williams, Builder’s Supply, and Ace Hardware. While I was looking for further information on Lowes, I discovered that Lowes has done a great job and is number two in the home improvement industry. To be truthful, my class project for my Financial Statement Analysis was on Home Depot and Lowes. I got a good idea about where Lowes was financially, but I thought I’d like to know more about their business side as well.

    Read More

  • Lowes Uses Step 8 Evaluating The Decision Making Process

    738 Words  | 3 Pages

    279). Lowes entire business is about creativity right down from the products all the way to the customers. Why not use it as core in large retailer/stores management? That’s exactly what Lowes imposes and uses. “If Americans continue to pay more attention to the aesthetic quotient of their homes, and this is a possibility as the proportion of home owners increase, Lowe’s could be a bigger beneficiary” (Forbes). This statement is clearly pointing out that as customers pay more attention to their own creativity they will turn to Lowes.

    Read More

  • Chipotle Executive Summary

    897 Words  | 4 Pages

    Organizational culture is the shared beliefs and values that influence the behavior of organizational members. While on the hard-organizational climate is the shared perceptions among members regarding what the origination is like in terms of management policies and practices (Uhl-Bien, Schermerhorn, & Osborn, 2014). The company Chipotle has been successful due to their organizational culture. The company focuses on people and motivates them to progress in the company. They only promote employee that are within the company, instead of outside hires, by doing this, it motivates employees.

    Read More

  • Safeway Mission Statement

    576 Words  | 3 Pages

    The company’s website that I chose to analyze, in lieu of their mission statement, is Safeway Inc. A little background: This company was essentially founded in 1915 by M.B. Skaggs, who bought a grocery store from his father. By 1926, Skaggs had become very successful with his stores and merged with Safeway to become Safeway, Inc. In January 2015, AB Acquisition LLC (parent company of Albertson’s) merged with Safeway to create one of the largest food and drug retailers in the country – over 2,200 stores in 33 states, specifically with Safeway stores in 19 states (Safeway Inc., 2008-2016).

    Read More

  • Morehouse Mission Statement

    447 Words  | 2 Pages

    Morehouse School of Medicine is an appealing option for pursuing my medical education. When reading Morehouse’s mission statement, improving the health and well-being of individuals and communities grasped my attention. My clinical experiences revolve around communities that are underserved, and sharing the same mission as Morehouse is key to becoming the physician I aspire to be. One of the things that stood out to me about Morehouse is the student run Good Samaritan Health Center. I am very interested about being involved with God Samaritan, because it is akin to the Siloam Family Health Center that I volunteer at, and it is an embodiment of Morehouse’s mission.

    Read More

  • What Is Alpena Friendly

    508 Words  | 3 Pages

    When I look at Alpena Michigan I already see a warm and friendly community. People are nice to each other and helpful. The stores in Alpena are always giving to our community. They also are helping the community also. They constantly give to us and help us.

    Read More

  • Texas Mission Statement

    455 Words  | 2 Pages

    Kahala Moore GOVT-2306-73431 Ms S. Sharifian April 2, 2018 Assignment Two Our mission hasn’t change and goal is still the same. 1 We must get out and vote for what is right. We are ramping up out troops to begin the march win the race. Our office has heard the issues, shared the views for endorsements, and began our campaign slogan.

    Read More

  • Urban Outfitters Mission Statement

    1508 Words  | 7 Pages

    History Originally an entrepreneur class project, Urban Outfitters is a lifestyle and apparel retailer founded by Richard Hayne and Scott Belair in Philadelphia, Pennsylvania, in 1970. Urban Outfitters' mission is to "create unique retail experiences with an eye toward creativity and a singular focus on pleasing our customer" (Urban Outfitters, Inc.). Urban Outfitters offers products ranging from women's and men's apparel to home goods and beauty. Many of the products offered are exclusive to Urban Outfitters and are “designed internally and in collaboration with third-party brands” (Urban Outfitters, Inc.). Urban Outfitters is a Brick-n-Click retailer with 263 stores across North America and Europe.

    Read More

  • Kudler Fine Foods Customer Service System Analysis

    585 Words  | 3 Pages

    I wonder if customer service is a just a word or an actual mission for retail and customer based businesses. One thing is sure at Kudler Fine Foods customer service is the mission and our goal. With that being said there are many variables to just deliberately delivering quality customer service. Specifics like, caring, joyful, and positive personalities are required in order to carry an appropriate customer service experience. One way to ensure that our personnel is providing the right customer experience is to provide incentives to those who go above and beyond.

    Read More

  • Four Strengths Of The Home Depot's Product Life Cycle

    1844 Words  | 8 Pages

    Evaluate two to four (2-4) weaknesses that are evident in the selected organization’s product life cycle. Generate a new product design and product selection, and then determine three (3) strategies that the organization needs to strengthen the operation. Product Life Cycle (PLC) is known as the stages in its lifetime that a product goes through, where the demand changes over time. [Rei132.

    Read More

  • Chick Fil-A Marketing Strategy

    799 Words  | 4 Pages

    What types of marketing strategies is chick-fil-A following? The type of strategy that the founder and CEO S. Truett Cathy developed for Chick-Fil-A was a target marketing strategy. The reason is because S. Truett Cathy focused on building the companies and other strategies that he used around his Christianity beliefs. Chick-Fil-A also made sure that every employ focused on delivering the best service they could to every customer that they served.

    Read More

  • Walmart Human Resource Management Analysis

    1275 Words  | 6 Pages

    Vision, Mission Statement "Price Leadership Drives Global Performance" is the Wal-Mart visualization statement. The management of Wal-Mart emphasises on price leadership in every market since pricing strategy is the direct approach to reach performance and attract customers. In order to implement price leadership, they stated "Save Money, Live Better", which remains as relevant now as it was in 1962 by Sam Walton. The mission is that everybody is able to purchase products in Wal-Mart because the stores offers low price products to them.

    Read More

  • Bass Pro Shop Case Study

    779 Words  | 4 Pages

    Bass Pro shop is a very complex company that runs on a large-scale model, which requires many components in order to run and function properly. Any type of retail store must have multiple process and procedures in order to run effectively. This is especially becomes difficult when a company is in the business of specialized goods. As does Bass Pro Shop. Products and items that do not have a large-scale consumer demand due to its specific purpose are pretty much all the items bass pro shop sells.

    Read More

More about Home Depot Mission Statement

Open Document