Target Managerial Challenges

Satisfactory Essays

With the four principal management functions CEO Greg Steinhafel exhibited that of leadership. "Leadership is defines as motivating, directing, and otherwise influencing people to work hard to achieve the organization's goals." ( Kinicki & Williams, 2016, p.10). Mr. Steinhafel had to make decisions of how to handle the issues of what has just happened to their company and motivate and assure them that they will come out a more stronger and reliable company because of this breach. Of the seven managerial challenges Target is facing, challenge # 5 which is Managing for Ethical Standards. Hackers were able to get into Target's computers and gain access to consumers personal information. Target is handling this challenge by assuring the

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