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The reasons for keeping top talent: Mission and vision of the company The modern office, because of the growth of virtual technology, has altered dramatically since the company's birth during the 1980s. Developing future leaders that can use the Internet to sell products and make the company's products and services more innovative and technologically responsive will be a critical aspect of Office Depot's growth and development. As the modern office changes with the times, Office Depot must remain one step ahead of the competition, and its employees must lead the way in actualizing its goals and communicating the company's values to customers.
"Delivering winning solutions that inspire worklife" is the stated mission of Office Depot. The centrality of acting as a facilitator of the success of others in the company's mission statement is why it is so critical that Office Depot employees understand the needs of customers. Inspiration and winning are important values of the company, not simply making work 'happen.' The company stresses the need to take the everyday nature of the customer's workday to the 'next level' of success and excellence.
Growth of the company and succession
At present, Office Depot an international purveyor of office supply products: its outreach extends as far as the Czech Republic and Japan. The company was incorporated in 1986 and it sells its products through retail stores, as well as online and directly to other enterprises. In 2009, Office Depot sold $12.1 billion of products and services to individual consumers and businesses (Company facts, 2010, Office Depot).
Develop future leaders for the organization
References
Company facts at Office Depot. (2010).Office Depot Corporate Homepage. Retrieved September
14, 2010 at http://www.officedepot.com/specialLinks.do?file=/companyinfo/companyfacts/index.jsp&template=companyInfo
Our vision. (2010).Office Depot Corporate Homepage. Retrieved September 14, 2010 at http://www.officedepot.com/specialLinks.do?file=/companyinfo/companyfacts/ourvision.jsp&template=companyInfo
Strategic and Financial Analysis of Office Depot Company Overview Office Depot Strategic Analysis Porter 5 Analysis Office Depot Strategies Office Depot Profitability Annotated Bibliography In a contemporary business environment, a strategic planning is one of the effective tools that an organization employs to achieve competitive market advantages. This paper carries out a strategic analysis of Office Depot, and identifies Office Depot as one of the Fortune 500. While Office Depot has recorded a consistent increase in total
Office Depot is a retailer of office supplies, operating in 53 countries around the world, but with a primary focus on the American market. The company is relatively young, having been founded in 1986 in Fort Lauderdale (OfficeDepot.com, 2011). The company competes as a "category killer" in office supplies, with a focus on a cost leadership business model (QuickMBA, 2010) that relies on high volumes and low margins for success.
Office Depot is one of the largest suppliers of office products and services in the world. Office supplies is in fact a niche in the retail industry and Office Depot is one of the two dominant players in this sector, with Staples being the other. The Company retails office supplies, commercial machines, computers, computer software and office furniture, in addition to copy, duplication, replica, mailing and delivery services to small
secondary literature and a survey of practitioners concerning the fact that Defense Logistics Agency (DLA) acquisition costs are often excessive because first article testing (FAT) requirements are often misapplied to DLA contracts. This study was guided by three objectives: (a) to determine the frequency of misapplication of First Article Testing requirements to Defense Logistic Agency contracts; (b) to determine Engineering Support Agency and Defense Logistics Agency employee interpretations of
An example of this can be seen with the Gray Matter Ethics Game at Lockheed Martin. This is a simulation that will take the employee through a host of ethical situations that they could be facing. Where, employees and managers will be able to learn how to apply the standards to various ethical issues that are being faced. This is significant, because it shows how the company is continually
Activity 1: Human Resource Management (HRM) HP Corporate Objectives Profit: Recognizing that profit constitutes the single most effective measure of the organization's contributions to the community, in addition to being the most basic source of business strength. Attaining maximum possible levels of profit in line with other business goals is the aim. Striving for constant advancement in company offering (i.e., services and products) quality, value, and utility (Hewlett-Packard, 2016). Field of Interest: Focusing efforts