Convoco

Deals

Convoco

Convoco

Relationship command center

⌘K
ConversationsPeopleDeals
HomeTalksPeopleDeals

Something on your mind?

Share Feedback
Menu
DashboardConversationsPeopleDeals
Social
LinkedInMedium

© 2026 Everyone Needs a Copilot. All rights reserved.

Home Services Market Assessment

Handoff
WonHome DepotJudith Davis$175,0006 weeksMarket Assessment

Branched from Judith · Home Services Assessment: Kickoff · Jun 22, 2025

Problem Statement

Completed a comprehensive market assessment of the Home Services landscape for Home Depot following the SRS acquisition. The engagement uncovered a critical customer segmentation gap, the fastest-growing Home Services segment is urban renters aged 25-40, not the assumed suburban homeowner demographic, which fundamentally reshaped the division's growth strategy and directly contributed to the creation of a VP-level strategy role.

What's Next

Escalating: Budget Freeze Limiting Innovation

Intensity 6/10 — External

Escalating: Executive Committee Q2 Deadline for Lab ROI

Escalating: Big Four Encroachment on Mid-Market Advisory

Conversations

4
Alignment
Discovery
Home Services Assessment: Kickoff

Kickoff session for the Home Services Market Assessment engagement. Judith secured a $85K budget for a 6-week market landscape analysis after the SRS acquisition shifted competitive dynamics. We aligned on scope: competitive positioning analysis, customer segment mapping, and growth opportunity identification. Judith brought David Frank into the conversation for the first time, he will be the operational counterpart managing internal data access.

Jun 22, 2025
Workshop
Stakeholder Interviews & Synthesis

Working session to synthesize findings from the first two weeks of stakeholder interviews and data analysis. The biggest revelation was a customer segmentation gap: leadership assumed the core Home Services customer was a suburban homeowner aged 35-55, but the data shows the fastest-growing segment is urban renters aged 25-40 using on-demand services. This fundamentally changes the growth strategy. Judith and David were both energized by the finding, it gives them a differentiated narrative for leadership.

Jun 22, 2025
Negotiation
Proposal
Market Assessment Findings Review

Presented the full market assessment findings to Judith and David. Key deliverables included a competitive landscape map, customer segment analysis with the urban renter discovery, growth opportunity matrix, and a recommended strategic direction. Judith plans to use the findings in her pitch for the VP role and the broader Home Services investment case. David asked detailed questions about implementation feasibility, a sign he is thinking about execution, not just strategy.

Jul 22, 2025
Closing
Closing
Assessment Wrap-up & Recommendations

Final session wrapping up the Home Services Market Assessment project. Reviewed the complete deliverable package and discussed implementation recommendations. Judith shared that the COO responded positively to the initial findings preview and the VP role conversations are progressing. The project delivered on all objectives and Judith hinted at a larger strategic engagement once she has the VP title and budget authority. David expressed appreciation for the structured approach and said it changed how he thinks about strategy work.

Jul 22, 2025

Documents

No documents created yet.

The Cast

2
JD
Judith DavisChampion

VP Strategy, Home Services Division at Home Depot

No contact in 330 days

4 convs

Jul 22, 2025

DF
David Frank

Director, Project Management at Home Depot

No contact in 330 days

4 convs

Jul 22, 2025

Forces

5
9
Everyone Knows But Won't Say: Strategy Team Sidelined

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.

8
Leadership Says Home Services, Resources Go to Pro

There is a fundamental disconnect between Home Depot leadership's stated priority of growing the Home Services division and the actual allocation of resources (headcount, engineering, marketing budget) which continues to favor the established Pro division. This creates organizational tension that undermines Home Services' ability to execute on its $5B growth target.

7
Key Person Dependency on Judith

The Home Services division's strategic direction, executive sponsorship, and organizational momentum are heavily concentrated in Judith Davis. If Judith were to leave, burn out, or lose political capital, the entire Home Services growth initiative could stall. There is no clear second-in-command or strategic backup.

7
Competitor Gaining Ground in Pro Segment

Lowe's is investing heavily in its Pro loyalty program, and Amazon is expanding into the home services marketplace. This competitive pressure on both the Pro and Home Services fronts means Home Depot can't afford to under-invest in either division, complicating the resource allocation tension.

6
Flat Growth Amid Growth Expectations

Home improvement spending has flattened post-pandemic, yet Home Depot is setting aggressive growth targets. The gap between market reality and internal expectations creates pressure that flows down to divisional teams, particularly Home Services which is expected to be the new growth engine in a challenging macro environment.

Lifecycle

Status Actions

This deal has been closed won.

Lifecycle Timeline

6
Deal created

Started at Alignment

Jun 5, 2024 · 2 years ago

Alignment → Scopestage

Jun 12, 2024 · 2 years ago

Scope → Contractstage

Jun 20, 2024 · 1 years ago

Contract → Signedstage

Jun 28, 2024 · 1 years ago

Signed → Handoffstage

Jul 1, 2024 · 1 years ago

Active → Wonstatus

Jul 22, 2024 · 1 years ago

Created Jun 5, 2024Updated Jul 22, 2024