Running head:

HOME DEPOT RESEARCH PROPOSAL

Home Depot Research Proposal

Crystal Aguilar Olivares
STR 581
January 16, 2016

HOME DEPOT RESEARCH PROPOSAL

Home Depot Research Proposal

To define strategic planning is to understand the series of values, mission and objectives
in a business(Pearce and Robinson, 2011). Strategic planning is a way for an organization to
define the companys strategy and with a strategy an approach, should identify strengths,
weaknesses, opportunities and threats against the economy other companies and internal
operations from the highest levels to the lowest in operations as well as service and employees.
SWOT and PEST analysis are some ways to define strategic planning. Home
Depotorganizational vision, mission, and values statements with PEST and SWOT techniques
are used and, this is best explained below.Thisesetype of standard and direction will help the
company focus on the people strategies and making sure companies are aligned with this plan.
PEST
Political:It is thelocal and international political developments and seeing how it will
affect the company and in what ways are laws impacting decisions or eliminating
opportunities?
Economic:Central economic issues are focused on both nationally and internationally
that might affect the company and country standpoint?
Social:Developing social trends that may impact on how the organization operates
and what changes for the future planning and what does the organization consider to be most
important?
Technological: changing technology can impact on competitive advantage very
quickly how can everyone be a part of futuristic IT.

HOME DEPOT RESEARCH PROPOSAL

3
SWOT

Strength: Projected supply chain management strategy which has the strength which
uses the e-business and e-commerce process, which enables all information available to the
supply chain.
Weakness: Weaknessis within the super capabilities of other businesses as the
concepts and ability to perform as well will take evolution so a business can suffer from
postponement.
Opportunities: Creating a tactical decision as a support tool to assist in managing
new projects in addition to the supply chain infrastructure.
Threats: A possible threat is inventorying getting progressively larger and moving
backward through the supply chain. Organizations have demanding forecast and are about
control, improvement and deviating through customer demands not supply chain
management issues for instance.
Trends: Trends that will change is globalization enabling resources access, lean
logistics or six sigma processes riding waste in the supply chain, the use of 3PLs and
strategic roles corporate portfolios for logistics, and, maximize shareholder value through
revitalized supply chains safety stock for new variation in supply chain
Some differences between strategic and financial planning are different roles, individuals
responsibilities, and details. Strategic planning is moving a company in the direction it desires
and though finances are involved the focus is on what should be implemented. Some problems, a
company may encounter when implementing a strategic plan are the responsibilities overlapping
and sharing responsibilities that require a median. While the strategy may only implement a
golden plan if the financial planning will allow resources be used and acquired through funding.

HOME DEPOT RESEARCH PROPOSAL

If there are any risks of any kind that the plan and shared responsibilities at Home Depot do not
occur then new sources and different planning will occur. Effective May 16, 2012, The Home
Depot (Home Depot) revised its Business Code of Conduct and Ethics (Code). The Code
was revised to simplify content, make it more interactive and to engage for our associates, better
align it with other Home Depot policies and reflect Home Depot's values based culture.
Revisions include administrative changes such as formatting, layout, design and the addition of
questions and answers illustrating the application of various provisions of the Code (The Home
Depot, 2012).There are various sentence structure issues in the above. Please proof read the
paper prior to submittal. I suggest reading it aloud and you might hear the issues sometimes
that is a good approach. Or read the paper to someone at home/work that might help with proof
reading.
Sources
To perform an external environmental analysis, the importance of resource planning and
management of both internal and external resources should facilitate the flow of information.
Home Depot must also be mindful of operations and how the business relates to resource
planning. Without following ERP systems, Home Depot would not have any guidelines for
building and improving? SCOR(r) (Strength, Challenge, Option, Response, and Effectiveness) is
based on five distinct management processes: Plan, Source, Make, Deliver, and Return, this is
best explained below. This process will ensure that a strategy is given and used. Okay
SCOR Management Process
Plan: The Process of the demand and the supply to give the balance that will develop
a course of action which best meets the production, sourcing, and delivery requirements.

HOME DEPOT RESEARCH PROPOSAL

Source: Plans that meet and have the actual demand to process those goods and
services that they have to offer.
Make: Transform product and process to a finished state to meet planned or actual
demand.
Deliver: Providing the finished goods and services to meet planned or actual demand,
which includes order management, transportation management, and distribution
management.
Return: Providing the acquitted service for any returns or receiving returned
products for reason.

What about the implementation, control and risk planning?

Conclusion
The number of types of customers, suppliers and competitors has changed dramatically
due to web services eliminating human intervention and face to face; online, self-describing
applications provide awareness to all business partners. They provide behavioral awareness of

HOME DEPOT RESEARCH PROPOSAL

services, reliability, security, speed timeless information; surviving business. Customers are more
involved from all over the world in the supply chain management and selection and ideas of
products. A company does not want its product and service to have short life cycles, by listening
or seeing a customers visualization it can become the foundation of a companys design and
objectives(Barney, 2007). Okay

Good start on this paper Crystal. The paper describes how your chosen organization's
vision, mission, people strategies and value statements are aligned with the proposed
strategic plan. It does describe how the strategic plan and implementation plan are
compliant with the Code of Ethics or Ethics Policy. It describes the sources expected to
be used to perform an external environmental analysis and internal environmental
analysis including a SWOT. It describes how the strategic strategy or strategies are
included in the plan. The paper lists other alternatives which are good. It does
notdescribe how the strategic implementation plan, control plan, and risk or contingency
plan are developed. These are the critical components of the final paper. The proposal
has writing errors needs to be proof read, it follows APA, is partially organized to meet
the assignment requirements, has an introduction and a conclusion, and includes the
required references.

References Okay
Barney, J. B. (2007). Gaining and sustaining competitive advantage (3rd ed.) Upper Saddle
River, NJ: Pearson Prentice Hall.

HOME DEPOT RESEARCH PROPOSAL

Pearce, J. A., II, Robinson, R. B. (2011). Strategic Management: Formulation, implementation,

and control (12th ed.). Boston, MA: McGraw-Hill/Irwin.
The Home Depot Corporation.Business Code on Conduct.Retrieved May 16, 2012.
http://ir.homedepot.com/phoenix.zhtml?c=63646&p=irol-govHighlights