Type: Management
Pages: 6 | Words: 1663
Reading Time: 7 Minutes

Target Corporation is one of the most successful and world’s famous companies. It is viable in all the sectors as well as their relationships with the society in general. Target Corporation has a lasting custom of consolidating relatives and societies through advanced packages and enterprises. Since 1946, Target has funded five percent of their yearly national taxable revenue to sustain families besides societies. Currently, Target Corporation remains one of the precise corporations that uphold the level of persistent giving. Target Corporation also springs two million dollars per week to the groups that do business. Their giving is fixed both by Target Corporation plus the Target Foundation, all with precise regions of emphasis and assurance. Target Corporation also funds families and societies in prime areas as education. Target is devoted to playing a dynamic role in supporting schooling from a child’s birth to college. Target is also devoted to aggregating the prominence and availability of art and ethnic proficiencies to families. This is done through sponsorships of programs, exhibitions as well as presentations.

Target Corporation has also a viable leadership strategy that helps the company meet its objectives. For instance, their leadership strategy has improved over the years. It provides superior, elegantly designed items and all the prerequisites of life. These items are exhibited in a clean, schematized and hospitable atmosphere. The extreme contribution comes from the leadership department, store pedigrees and commitment to inordinate prices besides fashionable inventions. The endurance of this leadership strategy has certified the company to recurrently endeavor for distinction, both from within and from outside the state. Target Corporation also became a preferred retailer amid a range of demographics from the elegant teen to university students alongside the hard-working CEO. Target has managed to plea to the commonalities without trailing quality in products and services. Target Corporation also encourages the use of corporate blogging as a vivacious implement for amplified accomplishment. Recently, there have been vast trends amid the general populace alongside Target consumers. The leadership skills displayed in the website as well as the weblogs posts useful information to the public and other companies (Rowley, 2003). These blogs have subverted social fronts from the perspective of personalities universally, and also initiated its way productively into companies around the world.

The management approach of Target Corporation varies widely. It has a highly controlled venture risk management process with devoted managerial resources. The other strategies are more basic and inert approaches that tackle risk as an addendum. This is primarily used to observe major expenditures, or through a SWOT (Strengths Weaknesses, Opportunities and Threats) analysis. More so, Target Corporation is viable on maintaining the organizational culture. Target Corporation endures by the effectual expenditure of the influences of production and other abilities of the civilization. This process puts the workers in a codependent relation with the management, the public at large besides the environment. This interdependence gives rise to a sequence of wider tasks to society in general. The social accountabilities are both internal and external to the Target Corporation. Currently, there is an aggregate apprehension with the community errands of Target. This is replicated in parts by the scope of government action besides regulation. For example, the occupation protection, equivalent opportunities, company’s acts as well as consumer law effect to product obligation and preserving the situation. This is based on the communal tasks of Target, which is turned into an authorized requirement.

The working environment also determines the viability of Target Corporation and the success of their business. Target Corporation makes both temporary and durable objectives, which determine the progress of the company. Target Corporation also emphasizes on the short-term goals as they aid in the return of the profit besides the investment of the company. The inclination of Target to this model of operation is based on the notion that short-term goals dominate their company’s stance hence, their cultural viewpoints end up being subordinated in the long run. This model of operation subjects the middle managers in the Corporation under pressure with the idea of positive results as the main target. The inhibition of the set goals is out of consideration in Target. This is referred to as ethical decision making, which has seen the accomplishment of this Corporation for an extensive period. The boards of directors along with board committees of Target Corporation classically receive considerable information on periodical presentation. They also receive the information on annual basis and longer-term plans, which is accompanied by the committee-specific information.

The management at Target Corporation also ensures it has the services of experts’ advisers. This is meant to get the advice in diverse areas of their business such as the accounting department, the finance as well as their decisions to merge with other businesses. Through such strategies, the board is able to evaluate all the executives of the company by the use of a variety of standards as well as metrics. The philosophical and the evaluation mechanisms are usually designed by Target Corporation to be able to determine the executives as well as the organization’s objectives. The management responsibility also includes deciding on whether to accept the stockholders requests or turn them down. The management has to assess its situation in the corporation and make a decision whether the tender is good for the prospect of the corporation or not. This decision is reached by determining and comparing the company’s operations as well as the policies and whether they link to the tender and the cash being offered.

The techniques for management need to reflect on diverse problems in all the businesses. This is due to the everyday modifications that take place in business and the modern society. The process of managing the frequent changes is often difficult since most people are not accustomed into the coping with the daily strategy. This brings tension to the employees hence; a professional would use some of the applicable strategies to cope with the above issues. One of the strategies involves introducing the changes gradually to the members of the organization. This helps lessen the shock of the new techniques introduced. The other way of effective management technique is to focus on training.

Target Corporation also highlights on flexibility and discretion and create adhocracy in their peripheral emphasis and apprehension for diversity. The instigation of the information age is an innovative approach established to compel the fast-paced also imprudent business atmosphere. The social, economic, and technological vagaries make older commercial approaches and tactics less competent. The completion of the company is proposed in terms of modernization and inventiveness with a prospect attitude. An entrepreneurial spirit sways where income lies in definition new opportunities to advance new products, services, besides associations. This is accomplished with diminutive probability that the strategy will endure. Target Corporation values elasticity, compliance, and prosperity in what could be viewed as unruly chaos in the former period of the company’s existence.

I would work for Target Corporation for the store capacity management since it is a good company. This implies that the Corporation is the best in the way they deal with their workers. The company also offers a better working environment to their employees that help them maintain their good reputation. Target Corporation considers the managerial changes that involve new actions, goals and processes for a group or team of people. They use workshops in order to achieve understanding, involvement, plans, measurable aims, actions and commitment. Target Corporation helps their management team to use workshops with their employees since the strategy helps to manage the changes in the Corporation.

Target Corporation also has a good human resource management department. For instance, offers the Target Corporation a wide opportunity to manage the company in the special way possible. For instance, the human resource manager manages the growth and application of human resources programs and strategies for dispensed departmental business. The accountabilities of the human resource manager encompass conducting undertakings to support the approaches. They also involve platforms that count the associate’s employment, reimbursement, performance appraisals and job appraisal. The human resource manager also gives the job descriptions as well as their benefits counting annual registration and organizational development of Target Corporation. Target Corporation’s human resource also involves the favorable action, equal employment opportunities as well as protest investigation.

The company is also good to work with since it has many aspirations of the future on its operations and market expansion. The overall leadership of the Chief Executive Officer as well the managerial crew has observed the progress of the trend analysis over the past years. This has been the pride of the company that enables it to deal with the challenges. The future of the company is held on the workers hands as well as the effectiveness of the total change in the company. Target Corporation Employees who rely on decision making and risk taking would not fit in Target Corporation Company since everything is strategic in advance. Therefore, the aptitude to trail the ideas of the firm is classified red, yellow or green. Target practices one of the best transmission processes one would wish to participate in. Their conference process aids to find the individuals that bout their culture as well as vision.

There is a proper image of people who work at Target Corporation reflecting the society in all dimensions. The turnover of the firm is high such that other corporations profit from it; Target employs the best individuals, who are equipped for positions of greater responsibility. Nonetheless, Target does not own a place for these individuals since they are not endorsed to make decisions. The employees also do not take risks outside of the prevailing leadership strictly watched by the Headquarters (Lane, 2010). The headquarters hold all the solutions and do not rely to heads at their Distribution Centers. Consequently, the virtuous leaders that were appointed later become executives carrying. Their responsibilities and vision should settle into dashing numbers besides a conventional opinion review. More so, the executives ought to leave their responsibility to their juniors so they can lead and make a difference from other corporations.

Copy-pasting equals plagiarizing!

Mind that anyone can use our samples, which may result in plagiarism. Want to maintain academic integrity? Order a tailored paper from our experts.

Get my custom paper
3 hours
the shortest deadline
original, no AI
300 words
1 page = 300 words
This is a sample essay that should not be submitted as an actual assignment
Need an essay with no plagiarism?
Grab your 15% discount
with code: writers15
Related essays
1 (888) 456 - 4855