premeeting intelligence for:

Ted Decker

,

Chair, President & CEO at The Home Depot

Ted Decker

Chair, President & CEO at The Home Depot
Decisive
Assertive
Fast-Paced
Determined
Persuasive
Ambitious
Dynamic
Visionary
Spontaneous
Pioneering
Adventurous
Casual
Enthusiastic
Personable
Adaptable
Optimistic
Inventive
Approachable
Warm
Hospitable
Intuitive
Friendly
Accommodating
Diplomatic
Composed
Thoughtful
Agreeable
Careful
Modest
Consistent
Conscientious
Perceptive
Calm
Diligent
Meticulous
Collected
Accurate
Rational
Reserved
Strong-willed
Skeptical
Straightforward
Efficient
Candid
Steadfast
Focused
Vigorous
Persistent
Location:
Atlanta, Georgia, United States
Education:
Carnegie Mellon Univeristy - Master of Business Administration Finance
Overview:
  • Successfully transitioned from the role of President and COO to becoming the Chair, President, and CEO in March 2022
  • Played a pivotal role in the company's growth during his tenure as President and COO from October 2020 to April 2022
  • Leveraged expertise gained as Director of Business Valuation from February 2000 to February 2002 to inform decision-making processes
Quotes

ON BUSINESS SUCCESS ...

"Our plan last year was to grow by $4 billion and we ended up growing by close to $22 billion, so we just had a year to beat all years" source

ON STRATEGIC PLANNING...

"We literally had a white board out so we could look at who was the most pinched, where could we make it through if given the proper forecast" source

ON DATASCIENCE EXPANSION...

"We didn’t have Ph.D. data scientists at The Home Depot. Now, we have officer-level data scientists, as well as industrial engineers in store operations." source

DISC Type:
Captain (D)
DISC Type:
Driver (Di)
DISC Type:
Initiator (DI)
DISC Type:
Influencer (Id)
DISC Type:
Motivator (I)
DISC Type:
Encourager (Is)
DISC Type:
Harmonizer (IS)
DISC Type:
Counselor (Si)
DISC Type:
Supporter (S)
DISC Type:
Planner (Sc)
DISC Type:
Stabilizer (SC)
DISC Type:
Editor (Cs)
DISC Type:
Analyst (C)
DISC Type:
Skeptic (Cd)
DISC Type:
Questioner
DISC Type:
Architect (Dc)
How to communicate
Focus on their need for control and results, be direct and to the point.
Do
Provide specific details about the product's features and benefits
Highlight how the product will solve their problems and make their life easier
Don't
Beat around the bush or offer vague information
Be too pushy or salesy
When communicating with them, focus on being direct, confident, and results-oriented.
Do
Speak in a fast-paced, confident tone
Focus on the bottom line and how your product can help them achieve their goals
Don't
Use too much jargon or technical language
Waste time on small talk or irrelevant details
Focus on big ideas, big concepts, and fast action over analysis.
Do
Use a direct and assertive tone
Emphasize results and benefits over features
Don't
Use overly flowery language or too many details
Be pushy or aggressive
Communicate with energy and a lively approach. Engage them by communicating clearly and vividly.
Do
Use inspiring language and be enthusiastic
Show them how the product can enhance their social status or reputation
Don't
Be too technical or confusing
Focus solely on features without considering how it can improve their life
Communicate in a friendly, casual manner and highlight the benefits of the product. Avoid criticism or confrontation.
Do
Use a light-hearted approach to build rapport
Highlight how the product can benefit their life or work
Don't
Be overly critical or confrontational
Use overly technical or confusing language
Interact with them in a friendly, agreeable manner with a light-hearted approach. Avoid criticism and confrontation.
Do
Wrap your pitch with positivity and emotional language
Include personalized, warm greetings and sincere sign off
Don't
Use forceful or high-pressure language
Talk too much about past experience without explaining the important insights
Focus on building a personal relationship and finding common ground. Speak positively and offer reassurance about the product.
Do
Engage them in conversation and find out their interests and concerns
Offer personalized recommendations and highlight how the product can meet their needs
Don't
Push too hard or use aggressive sales tactics
Dismiss or minimize their concerns or objections
Provide detailed information and use a friendly, personal tone
Do
Explain how your product can meet their specific needs
Use stories or examples that they can relate to
Don't
Use technical language or jargon
Push for a quick decision without building rapport first
Provide a warm, friendly greeting and use positive, upbeat language. Focus on building a relationship and show acceptance for who they are.
Do
Use friendly, expressive language
Refer to common interests and associations
Don't
Use a serious, businesslike tone
Bring up your flaws before they do
Focus on building a relationship and connecting with them on a personal level.
Do
Use a warm, friendly tone
Ask about their interests and hobbies
Don't
Use overly technical language
Pressure them into making a decision
Be friendly and focus on building a relationship with them. Use a light-hearted approach and avoid criticism or confrontation.
Do
Focus on building a friendly relationship
Validate their opinions and approach with positive language
Don't
Use forceful or high-pressure language
Force an aggressive sales pitch
Use a straightforward and logical approach when communicating with them
Do
Provide data and logical reasoning to support your claims
Use clear and concise language
Don't
Use overly expressive or emotional language
Use lots of anecdotes or storytelling
Use a serious, businesslike tone and focus on details, data, and results.
Do
Focus on their toughest problems.
Send additional data to support your pitch
Don't
Bring up your flaws before they do
Be unrealistically optimistic
Focus on providing logical reasoning and factual information. Be patient and answer their questions with clear and concise responses.
Do
Provide data-driven reasons for your product
Answer their questions with a well-thought-out response
Don't
Use overly expressive language
Speak in an overly casual manner
Focus on concrete data, specifics, and logistics. Avoid fluffy language and hype.
Do
Provide clear data and statistics to support the product
Present a clear, logical argument for why the product is worth investing in
Don't
Spend too much time on abstract concepts or big ideas
Get sidetracked with small details or anecdotes
When communicating with them, focus on being clear, concise, and results-oriented.
Do
Provide clear and concise information about the product and its benefits
Focus on results and practical details
Don't
Use overly descriptive or flowery language
Waste time on social chatter or small talk
Executive priorities
  • Drive revenue growth through strategic expansion and enhanced customer experiences.
  • Foster innovation in product offerings and digital platforms to stay ahead in the competitive retail landscape.
  • Streamline operational efficiencies to optimize resources and enhance profitability.
  • Prioritize sustainability initiatives to meet environmental goals and align with consumer values.
Media
PYMNTS

Digital Experience, Trade Credit Mark Home Depot’s B2B Strategy

The Home Depot is renewing its focus on building a streamlined ecosystem for professional builders, CEO Ted Decker told investors on an earnings call.

Youtube

Home Depot CEO Ted Decker: We are operating really well

Home Depot CEO Ted Decker and CNBC's Courtney Reagan join 'The Exchange' to discuss how the company is preparing for Black Friday, the state of the consumer, and more.

Sustainability Magazine

How The Home Depot Became a Leader in Sustainable Forestry

Through its journey towards sustainability, The Home Depot has demonstrated that responsible business practices and environmental stewardship are not only compatible but essential for long-term success.

Personality traits
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Build rapport
  • Be concise and to the point
  • Ask what they want from the call
  • Speak with confident language
Gather information
  • Get through the most important questions up front
  • Learn what their competition is doing
  • Learn about their team's current efficiency
Discuss budget
  • Allow some room for them to negotiate
  • Explain how they can save more money in the future
  • Compare your pricing with competitors
Drive action
  • Focus on the advantages they will gain
  • Point out the challenges they will face
  • Explain how taking action will help them make progress
Negotiate
  • End the discussion and revisit it later if they are being too firm
  • Articulate your personal and mutual goals clearly
  • Challenge both parties to come up with a better solution
Work together
  • Provide a deadline for when you need an answer
  • Ask yes/no questions about the current status
  • Resist the temptation to apologize for being assertive
  • Prepare specific questions to ask

Home Depot

The Home Depot is a multinational home improvement retailer, offering a wide range of products and services to both DIY enthusiasts and professional contractors.
Industry:
Retail Home Improvement
Headquarters:
Atlanta, Georgia, United States
Revenue:
$132.10B
Employees:
475,000

How to negotiate

Keep the discussion casual, but be prepared for candid pushback, at times.
Keep your demo concise and to the point
Keep your demo concise and to the point
Keep your demo concise and to the point
Company Milestones
  • 1978: Founded in Atlanta, Georgia.
  • 1981: Opened its first stores outside Georgia.
  • 2002: Acquired Hughes Supply, expanding into industrial distribution.
  • 2015: Achieved $88.5 billion in annual sales.

Demo your product

Notice how he uses your product and let him have fun trial-and-erroring on his own.
Keep your demo concise and to the point
Keep your demo concise and to the point
Top Products
  • Building materials
  • Tools and hardware
  • Home appliances
  • Gardening supplies
  • Installation services
Key Executives
Company Stock Performance
Key News
npr

Home Depot Responds To Calls For Boycott Over Co-Founder's Support For Trump

Facing a backlash, Home Depot sought to distance itself from billionaire co-founder Bernie Marcus after he pledged to back President Trump.

July, 2019

The Wall Street Journal

Home Depot Braced for Covid Pain—Then Americans Remodeled

In the spring of 2019, shoppers filled Home Depot Inc. aisles to grab deals on mulch, patio furniture, and more.

August, 2020

CNBC

How bad are global shipping snafus? Home Depot contracted its own container ship as a safeguard

Home Depot has reserved its own ship, bought merchandise on the spot market and flown in power tools as it copes with supply chain headaches.

June, 2021

AP

Home Depot tops expectations again, but signs of spending pullback by Americans continues to emerge

Home Depot topped profit and sales expectations in its most recent quarter, but sales continued to decline.

August, 2023

Competitive Landscape
Annual Revenue:
$132.10B
  • Trusted by over 300 million customers globally
  • Surpassed 120 million active users on HomeDepot.com
  • Generated $650 billion in revenue in 2024, marking a 7.5% year-over-year revenue growth
  • One-stop solution for all home renovation and maintenance needs
Annual Revenue:
$86.40B
  • Serving over 800 million customers globally
  • Surpassed 110 million users on Lowes.com
  • Achieved $86.4 billion in revenue in 2023
  • Lowes caters to all consumer needs, from DIY enthusiasts to professional contractors
Annual Revenue:
$611B
  • Serves over 240M customers worldwide weekly
  • Generated $611B revenue in 2023
  • 6.03% revenue growth year-over-year
  • Emphasis on customer satisfaction and employee welfare
Annual Revenue:
$574.785B
  • Serving 310M customers worldwide
  • Generated $574B revenue in 2023
  • 11.83% revenue growth year-over-year
  • Strong emphasis on customer service

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