First Meeting with Michael
with Michael Torres at Home Depot
Meeting #3 in the series
The central strategy team has been effectively excluded from Home Services strategic work, which is being handled by divisional leadership. This is an open secret: Michael Torres stated it directly, and Judith's surprise suggested she didn't realize how visible the dynamic was. The sidelining means Home Services misses out on cross-divisional strategic analysis and data the central team possesses.
Feels central strategy is excluded from Home Services work
A company-wide budget review following the SRS acquisition has created a de facto freeze on new initiative spending. While not a formal freeze, approval thresholds have been raised and timelines extended, effectively slowing down innovation and new program launches across the organization.
Mentioned budget constraints limiting new initiatives
