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Director Enterprise Strategy Development

The pay range is $131,000.00 - $236,000.00

Pay is based on several factors which vary based on position. These include labor markets and in some instances may include education, work experience and certifications. In addition to your pay, Target cares about and invests in you as a team member, so that you can take care of yourself and your family. Target offers eligible team members and their dependents comprehensive health benefits and programs, which may include medical, vision, dental, life insurance and more, to help you and your family take care of your whole selves. Other benefits for eligible team members include 401(k), employee discount, short term disability, long term disability, paid sick leave, paid national holidays, and paid vacation. Find competitive benefits from financial and education to well-being and beyond at https://corporate.target.com/careers/benefits.

About us:

Working at Target means helping all families discover the joy of everyday life. We bring that vision to life through our values and culture. Learn more about Target here.


Leading the retail revolution as Target’s champions of bold strategic thinking the Enterprise Strategy Development team seeks to drive profitable enterprise growth by exploring new opportunities (e.g., markets, formats, channels, and guest segments), driving strategic focus and accountability, and transforming Target’s business.  We accomplish this through our values of building inclusive teams, connecting across the enterprise to foster relationships, and driving the organization towards bold strategic choices.

Position Overview:

As a Director of Enterprise Strategy Development, you will lead a team of business strategists, applying your strengths in strategic thought leadership, passion for team building, and strong leadership presence to shape Target’s long-term strategic direction.

This includes:

  • Lead multiple project teams on strategy consulting-like engagements that identify and seek to harness enterprise or business unit growth opportunities.

  • Understand 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.

  • Collaborate cross-functionally and effectively influence without authority to drive business decisions and advance long-term strategic efforts.

  • Coordinate and collaborate with partners across other Insights, Strategy and Growth teams to maximize strategic impact of work.

  • Be responsible for long-term development of and advocacy for Direct Reports.

  • Coach and develop project team members (Principals, Leads, and Sr. Analysts).

  • Act as a core member of the Enterprise Strategy Development leadership team, prioritizing resources, setting overall team direction, and representing the team’s professional and inclusive culture.

  • Work closely with SVP, Insights, Strategy & Growth and Sr. Director, Enterprise Strategy Development in plotting future strategic opportunities for company growth.

About you:

  • 4-year or advanced degree as well as post graduate degree (MBA preferred)

  • Minimum of 7 years of work experience after graduate school in strategic project and people leadership roles or equivalent of 10+ years of strategic management experience including people leadership, assessing business strategies, leading advanced analysis and problem solving, and developing multi-year business strategies.  

  • 4-5 years of prior experience, inclusive of executive-level 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 work on multiple, disparate projects at the same time, simultaneously managing working team, partner, and senior executive relationships.

  • Track record of developing and owning critical stakeholder relationships (VP/SVP/EVP-level) across the enterprise to help influence and guide strategic recommendations.

  • 5+ years of people management experience required, including leading and coaching leaders of people, with demonstrated success in motivation and leadership, including strong people leadership and team building skills.

  • Directly lead and/or coach teams through a systematic approach to structured problem solving such as problem disaggregation, data and competitive analysis, financial opportunity sizing, and consumer research. 

  • Ability to champion a team culture of bold strategic thinking and Target’s values of Inclusivity, Connection and Drive; inclusive of hiring, training, coaching, and influencing.

  • Excellent written and verbal communication skills, including presentation and leading strategic dialogue for SVP/EVP-level leaders.

  • Ability to take risks, challenge the status quo, and work under ambiguous circumstances.

This position will operate as a Hybrid/Flex for Your Day work arrangement based on Target’s needs. A Hybrid/Flex for Your Day work arrangement means the team member’s core role will need to be performed both onsite at the Target HQ MN location the role is assigned to and virtually, depending upon what your role, team and tasks require for that day. Work duties cannot be performed outside of the country of the primary work location, unless otherwise prescribed by Target. Click here if you are curious to learn more about Minnesota. 

Benefits Eligibility

Please paste this url into your preferred browser to learn about benefits eligibility for this role: https://tgt.biz/BenefitsForYou_F

Americans with Disabilities Act (ADA)

In compliance with state and federal laws, Target will make reasonable accommodations for applicants with disabilities. If a reasonable accommodation is needed to participate in the job application or interview process, please reach out to candidate.accommodations@HRHelp.Target.com.

Application deadline is : 04/17/2025
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Average salary estimate

$183500 / YEARLY (est.)
min
max
$131000K
$236000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Director Enterprise Strategy Development, Target

Target is on the hunt for a visionary Director of Enterprise Strategy Development to join our dynamic team at 1000 Nicollet Mall, Minneapolis, MN. In this exciting role, you will be leading a vibrant group of business strategists dedicated to identifying and harnessing growth opportunities for our enterprise. We believe in strategic thought leadership that not only promotes profitable growth but also aligns with our core values of inclusivity and connection. You'll get to collaborate with cross-functional teams, influencing decisions that steer our long-term strategic direction while actively shaping the retail landscape. With your extensive experience in strategic project leadership and a knack for building strong relationships at all levels, you'll play a pivotal role in transforming Target’s business. Your insights into retail trends and ability to coach and mentor your team will directly contribute to our mission of helping families enjoy everyday life. Target offers a competitive salary range of $131,000.00 - $236,000.00, alongside industry-leading health benefits and a supportive working environment designed to help you grow both personally and professionally. So, if you're a strategic thinker with a passion for leadership and are ready to drive change in the retail sector, we’d love to hear from you!

Frequently Asked Questions (FAQs) for Director Enterprise Strategy Development Role at Target
What responsibilities does the Director of Enterprise Strategy Development at Target have?

As the Director of Enterprise Strategy Development at Target, your primary responsibilities include leading a team of business strategists to identify growth opportunities across various channels and segments. You'll serve as a strategic thought partner to senior executives and manage multiple projects simultaneously, influencing key business decisions while contributing to the long-term strategic direction of the company.

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What qualifications are required for the Director of Enterprise Strategy Development position at Target?

To qualify for the Director of Enterprise Strategy Development position at Target, candidates should possess a 4-year or advanced degree, preferably an MBA. A minimum of 7 years of relevant work experience, including strategic project and people leadership roles, is required, along with experience in management consulting or corporate strategy at a Fortune 100 company. Strong communication and interpersonal skills are also crucial.

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How does the Director of Enterprise Strategy Development influence Target's business strategies?

The Director of Enterprise Strategy Development influences Target's business strategies by acting as a thought partner to senior leadership and engaging in strategic discussions that align with both enterprise and business unit goals. This role involves analyzing market trends, developing innovative business concepts, and making data-driven recommendations that shape the company's direction.

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What type of work experience is preferred for the Director of Enterprise Strategy Development role at Target?

Preferred candidates for the Director of Enterprise Strategy Development role at Target will have at least 4-5 years of executive-level engagement experience within a top management consulting firm or a Fortune 100 corporate strategy group. Experience in assessing business strategies and leading advanced analysis is highly valued.

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What kind of culture can the Director of Enterprise Strategy Development expect to find at Target?

The culture at Target is centered around inclusivity, connection, and bold strategic thinking. As the Director of Enterprise Strategy Development, you will be expected to champion these values within your team, fostering a professional atmosphere that encourages collaboration, innovation, and mutual respect among colleagues.

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Common Interview Questions for Director Enterprise Strategy Development
Can you describe your experience with strategic project leadership?

When answering this question, highlight specific projects you have led, emphasizing your role in guiding a team and making strategic decisions. Provide examples where you successfully influenced business outcomes and aligned project goals with the overall business strategy.

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How do you approach building relationships with senior executives?

Discuss your strategies for cultivating relationships with senior leaders, focusing on communication, transparency, and understanding their goals. Emphasize the importance of collaboration and how you tailor your communication style to fit different stakeholders.

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What methods do you use to analyze market trends and consumer behavior?

Outline the analytical tools and methodologies you utilize to assess market trends, such as competitive analysis, consumer research, and data analytics. Highlight your experience in interpreting data to drive business decisions and strategy development.

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How do you handle conflicting priorities across multiple projects?

Describe your organizational and prioritization skills. Explain how you assess project timelines, delegate tasks, and communicate effectively with your team to manage overlapping deadlines while maintaining quality.

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What strategies do you employ to mentor and develop your team?

Illustrate your approach to leadership by explaining how you identify individual team member strengths and areas for growth. Discuss the methods you use for coaching, providing feedback, and facilitating professional development opportunities.

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How do you ensure alignment with company values while driving strategic initiatives?

Explain your commitment to the company’s values and how you incorporate them into strategic planning. Provide examples of initiatives you have led that exemplify inclusivity, connection, and bold thinking while fulfilling business objectives.

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Can you provide an example of a time you had to take a risk in your strategic approach?

Share a specific instance where you took a calculated risk that led to a positive outcome. Detail your thought process, what factors you considered, and how you communicated this risk to your team and stakeholders.

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How do you adapt your leadership style to different team members?

Discuss your flexible leadership style and how you assess the needs of individual team members to provide tailored support. Highlight your methods for encouraging open communication and building trust within your team.

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What role does data play in your decision-making process?

Emphasize your reliance on data-driven insights to inform strategic decisions. Explain how you gather, analyze, and utilize data to validate your strategies and track progress against goals.

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Why do you want to work as the Director of Enterprise Strategy Development at Target?

Articulate your passion for retail and how Target’s mission aligns with your professional values. Express enthusiasm for contributing to a team that values strategic innovation and plays a key role in enhancing customer experiences.

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To help all families discover the joy of everyday life.

279 jobs
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CULTURE VALUES
Inclusive & Diverse
Rise from Within
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Diversity of Opinions
Work/Life Harmony
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EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
April 9, 2025

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