Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Business
Pulte Homes – Reimagining The Homebuilding Industry, Daniel Chaffin, Susan Jensen
Pulte Homes – Reimagining The Homebuilding Industry, Daniel Chaffin, Susan Jensen
Mountain Plains Journal of Business and Technology
In 2016, William J. (Bill) Pulte, founder, and Pulte Homes’ largest shareholder called for the resignation of CEO Richard Dugas. In his letter to the board of directors, Bill stated the value creation strategy first proposed by Dugas in 2005 had been a major failure. Dugas had a bold vision and intriguing rationale for radically reshaping what he termed the “sleepy” homebuilding industry. Drawing from Toyota and Walmart’s strategies, Dugas argued that Pulte Homes could create greater value by scaling purchasing, improving construction processes, and collaborating with suppliers to lower overall costs while simultaneously refashioning and updating Pulte Home’s product …