Case Study: Home Depot Implement Stakeholder Orientation

The foot terminus (NYSE HD) is an American retailer of home procession and construction products and services. The blank space terminal employees Three Hundred Forty basketball team Thousand and it operates 2,193 big-box format stores across the United States (including all 50 U. S. states, the district of Columbia, Puerto Rico, the Virgin Islands and Guam), Canada (all ten provinces), Mexico and China. The abode computer storage is headquartered from the Atlanta Store defy Center in unin collectived Cobb County, Georgia, near Atlanta.It also operates four altogether owned subsidiaries Apex Supply Company, Georgia Lighting, Maintenance W atomic number 18house, and National Blinds and wallpaper Company sales are all over $81 billion annually The seat reposition is the grandst home-improvement retailer in the United States, ahead of bear on Lowes, and the second-largest general retailer in the United States, behind only Wal-Mart. class memory continues to do things on a grand scale, including putting its corporate muscle behind a tightly focused social debt instrument agenda.Every week 22 cardinal customers visit Home Depot, and that means few conflict associated with providing services in a retail environment pull up stakes occur. However, even Home Depot is feeling stress of the economics crisis they announce on January 26, 2009 that they plan to layoff over 7000 employees employed with their Home Depot (Expo) surgery (Retalindustry. about. com, 2009). Although Home Depots Philanthropic efforts appear to be sincere Home Depot continues to suffer in customer and employee relations. 1. Rank the relative power of Home Depots various stakeholders. Defend why you waste stratified the first three as most important.Ferrell, John Fraedrich, Linda Ferrell (2009) define stakeholders as those whose continued association is absolutely necessary to the firms survival. These included employees, customers, investors, shareholders as tumesce as gov ernments and communities listed that provides necessary infrastructure. So Home Depot stakeholders would include the customers, the employees, the communities that upbeat from the philanthropic activities of Home Depot. I ranked the customers first because if Home Depot had no customers they would not need any employees and they would not be subject to military service others.I ranked the employees second because the employees represent Home Depot to the orbit if a customer does not oblige a positive take care with the employees when dealing with them they will probably not make purchases and if no purchases are made no money is made and ultimately, no Home Depot. The tierce important stakeholder is the community because if often benefits from Home Depots relish to give back to the community. All of Home Depots stakeholders listed on their websites would qualify as primary stakeholders 1) Custmoers 2) Associates 3) Communities ) Vendors suppliers 5) Shareholders 2. Evaluat e Home Depots philanthropic activities as a link to its overall corporate strategy. Home Depot has always wanted to be an outlet for the people not just nameers or other professionals. Their mantra is You can do it. We can help. This mantra is exemplified in the philanthropic activities that Home Depot has been a part of. Home Depot has shown that they are committed to giving back to the community with their philanthropic efforts. They absorb given back to the community by donating their time, money, labor and supplies.Their chairtable contributions alone have exceeded $200 million. In 2002, the Home Depot Foundation was established. The foundation supports numerous community projects, including Habitat for Humanity. City of Home Cancer, a California-based cancer-treatment center, and KaBOOM, a playground construction organization. In 2007, the Home Depot Foundtion commited to investing $400 million in grants over the next 10 years, which will entrust in the development of 100 000 affordable, healthy homes for working families, and the planting and preservation of more(prenominal) than three million community trees in urban areas. Homedepotfoundation. org, 2009) All of Home Depots philanthropic activities are too numerous to mention.Giving back to the community by means of philanthropy is one of their eight core values that Home Depot delivers on the most. Through an extensive community relations program , we overstep our to the communities where our associates live and work with philanthropic and volunteer support. Programs bring together volunteerism, do it your self expertise, product donations and monetary grants to meet critical needs and build affordable communities. . How do you think Home Depot has handled ethical issues such as gender variation and other human resource issues over the last ten years? In Aug 2004, as a result of an approved settlement, the U. S. District Judge in Colorado ordered Home Depot to pay $5. 5 million to current and former employees, as well as significant injunctive relief. Like many other large corporations, when there is a settlement there is no admission of awry(p) doing. Home Depot has had a long history on not dealing with it issues of gender discrimination.As a recent blogger best, put it, If Home Depot was serious about handling their long standing gender discrimination issues, it would 1) Stop systematically sexually harassing and discriminating against women, especially in their merchandise organization. 2) Submit gender and race employment information as promised in 2002 to shareholder (oweners) of the company 3) comply with federal and state regulations on contraceptive method coverage, wage discrimination and civil rights issues (especially since they are federal contractors two propagation over). ) Stop encouraging and allowing claims of discrimination, harassment, retaliation to go univestigated or unchecked, and 5) Hold the perpetrators of these actions responsible to their moral turpitude contract clauses and their largely ingoned code of Ethics and HR SOPs. This appears to be an area that still needs work as they have had several lawsuits in recent years related to these issues and are before long involved in a suit. Perhaps additional training in this area and a comprehensive ethical program will help in this area.Referenceshttp//corporate.homedepot.com/, retrieved on October 20 ,2009 http//www.msnbc.msn.com/, retrieved on October 20 ,2009 http//www.homedepot.com/webapp/wcs/, retrieved on October 20 ,2009 978-1-111-08264-2, Business Ethics Ethical Decision Making and Cases, 2009 Update, 7e, O.C. Ferrell, John Fraedrich, Linda Ferrell Cengage larn