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Strategic Objectives Of The Organization

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Strategic Objectives of the Organization Target Corporation was created by Doug Dayton in 1902. Originally known as Dayton Drygoods but was changed to Dayton Department Stores in 1902. Mr. Dayton created a mantra of giving back for his business. In 1946, The Dayton Company was solidified the practices of pushing 5% of its pretax profits back into the community. Fast forward to 1950, after Mr. Dayton 's death, his grandson, Donald C. Dayton, took his place as the company President. It was in 1960 that Target Stores were born and Dayton Department Stores moved into a "discount" store market. Although the move was considered quite risky, the family felt "by demonstrating visionary leadership, the company would be successful as they moved toward transforming the organization from a family-run department-store chain into one of the nation 's largest discount-store chains. The first store opened in 1962. To this day, still headquartered in Minneapolis Minnesota, Target employees almost a half million team members throughout its corporation. (Target History). Current issues that affect this job family are a decline in sales; should this trend continue, stores may begin downsizing and ultimately closing. According to the Washington Post, Chief Financial Officer, John Mulligan noted that while Target 's customers are slowly returning after the 2014 data breach, they are more "deal conscious" and aware of the money they are spending. (Washington Post). A much needed shift in the

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