Principal Strategist, Enterprise Strategy Development at Target

Minneapolis, Minnesota, United States

Target Logo
$131,000 – $236,000Compensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
RetailIndustries

Requirements

  • 4-year degree; post graduate degree (MBA) preferred
  • Minimum of 5 years of work experience after graduate school in strategic project leadership roles or equivalent of 7+ years of strategic project management experience including assessing business strategies, leading advanced analysis and problem solving, and developing multi-year business strategies
  • 3-4 years of prior experience, inclusive of dedicated engagement/project leadership experience, with a top management consulting firm (McKinsey, Bain, BCG, etc.) or in a Fortune 100-level corporate strategy group
  • An understanding of industry practices and the competitive retail landscape across channels and segments
  • Demonstrated ability to lead strategic project work, simultaneously managing working team

Responsibilities

  • Day to day leadership of project teams on strategy consulting-like engagements that identify and seek to harness enterprise or business unit growth opportunities
  • Build an understanding of retail trends, competitors, and consumers to develop new concepts and businesses that meet future needs in the fast-evolving multi-channel retail landscape
  • Become a strategic thought partner to senior executives, influencing decisions in line with business unit and enterprise strategy
  • Build relationships to collaborate cross-functionally and effectively influence without authority to drive business decisions and advance long-term strategic efforts
  • Project manage the coordination and collaboration with partners across other Insights, Strategy and Growth teams to maximize strategic impact of work
  • Provide day to day guidance, coaching, and development opportunities to project team members (Leads and Sr. Analysts)
  • Serve as a member of the Enterprise Strategy Development leadership team, proactively identifying and championing opportunities to improve team experiences, resources, and development
  • Champion continuous team improvement including advancing Belonging efforts, fostering connections and relationships across the enterprise, and demonstrating individual drive and initiative

Skills

Project Management
Stakeholder Management
Strategy Development
Executive Engagement
Business Strategy
Team Leadership
Strategy Consulting

Target

Retailer offering diverse consumer goods

About Target

Target Corporation is a retail company that offers a wide range of products, including clothing, electronics, home goods, and groceries, through nearly 2,000 stores and an online platform. Its "Design For All" philosophy allows it to provide high-quality, affordable products that cater to diverse customer needs. Target differentiates itself from competitors with its owned brands and the Target Circle loyalty program, which enhances customer engagement. The company's goal is to support sustainability and community initiatives by giving back 5% of its profits to local communities.

Minneapolis, MinnesotaHeadquarters
2005Year Founded
N/ACompany Stage
Consumer GoodsIndustries
10,001+Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Paid Sick Leave
Paid Holidays
Paid Vacation
401(k) Retirement Plan
Employee Discounts

Risks

Increased competition from online-only retailers like Amazon threatens Target's market share.
Rising labor costs due to new minimum wage laws could impact profit margins.
Supply chain vulnerabilities from geopolitical tensions may affect inventory and pricing strategies.

Differentiation

Target's 'Design For All' philosophy offers unique, high-quality products at affordable prices.
The Target Circle loyalty program enhances customer engagement and shopping experience.
Target's commitment to sustainability and community support sets it apart from competitors.

Upsides

Experiential retail and 'retailtainment' strategies can boost customer engagement and foot traffic.
Augmented reality integration offers immersive shopping experiences showcasing Target's unique designs.
Omnichannel retail strategies enhance customer experience by integrating online and offline shopping.

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