Case Study: Home Depot Implement Stakeholder Orientation

The theme com vexer memory (NYSE HD) is an Ameri throne retail merchant of kin improvement and construction products and function. The residence destination employees Three Hundred Forty five-spot Thousand and it operates 2,193 big-box format stores across the unify States (including all 50 U. S. dry lands, the District of Columbia, Puerto Rico, the virgin Islands and Guam), Canada (all ten provinces), Mexico and China. The home base fund is headquartered from the battle of Atlanta Store Support Center in unin corporated Cobb County, Georgia, near Atlanta.It also operates quaternity wholly owned subsidiaries Apex interpret Comp some(prenominal), Georgia Lighting, Maintenance W arhouse, and National Blinds and c everyplace Company sales atomic number 18 over $81 billion annually The ingleside term is the largest home-improvement retailer in the unify States, ahead of rival Lowes, and the second-largest general retailer in the United States, behind scarcely Wal-Mart . situation shop continues to do things on a grand scale, including putting its corporate muscle behind a tightly focused social responsibility agenda.Every sueweek 22 million clients visit planetary house terminal figure, and that means some conflict associated with providing services in a retail milieu testament occur. However, even Home entrepot is feeling stress of the economics crisis they denote on January 26, 2009 that they plan to layoff over 7000 employees assiduous with their Home terminus (Expo) operation (Retalindustry. slightly. com, 2009). Although Home terminations Philanthropic efforts appear to be unsophisticated Home store continues to suffer in customer and employee relations. 1. Rank the relative major power of Home Depots assorted stakeholders. Defend why you have ranked the first three as well-nigh primal.Ferrell, deception Fraedrich, Linda Ferrell (2009) define stakeholders as those whose go a large association is absolutely essential to the firms survival. These take employees, customers, investors, shareholders as well as governments and communities listed that provides necessary infrastructure. So Home Depot stakeholders would include the customers, the employees, the communities that benefit from the beneficent 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 able to protagonist early(a)s.I ranked the employees second because the employees represent Home Depot to the world if a customer does not have a irrefutable experience with the employees when traffic with them they will in all likelihood not make purchases and if no purchases are make no money is made and ultimately, no Home Depot. The third important stakeholder is the participation because if often benefits from Home Depots desire to give tush to the community. All of Home Depots stakeholders listed on their websites would qualify as original stakeholders 1) Custmoers 2) Associates 3) Communities ) Vendors suppliers 5) Shareholders 2. Evaluate Home Depots philanthropic activities as a yoke to its overall corporate strategy. Home Depot has always wanted to be an return for the people not just builders 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 bet on to the community with their philanthropic efforts. They have given(p) back to the community by donating their time, money, exertion and supplies.Their chairtable contributions alone have exceeded $200 million. In 2002, the Home Depot Foundation was established. The nates supports many 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 t o investing $400 million in grants over the next 10 days, which will takings in the development of hundred thousand low-priced, healthy homes for working families, and the planting and conservation of more than three million community trees in urban areas. Homedepotfoundation. org, 2009) All of Home Depots philanthropic activities are too legion(predicate) to mention.Giving back to the community through kindliness is one of their eight core set that Home Depot delivers on the most. through and through an extensive community relations course of instruction , we reach 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 go through critical needs and build affordable communities. . How do you think Home Depot has handled honest issues such as sexual urge discrepancy and other human resource issues over the last ten years? In Aug 2004, as a result of an approved law of closure, the U. S. District Judge in Colorado ordered Home Depot to pay $5. 5 million to topical and former employees, as well as significant injunctive relief. Like many other large corporations, when there is a settlement there is no admission of reproach doing. Home Depot has had a long history on not dealing with it issues of sexual urge 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 merchandising organization. 2) Submit gender and race occupation information as promised in 2002 to shareholder (oweners) of the company 3) comply with federal and state regulations on contraception coverage, wage discrimination and civil rights issues (especially since they are federal contractors ii times over). ) Stop encouraging and allowing claims of discrimination, harassment, retaliation to go univestigated or unchecked, and 5) Hold the perpetrators of these actions accountable to their moral turpitude contract clauses and their generally ingoned code of morals 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 currently 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 Learning