Target Corp
Strategic Management
1. Briefly describe the major environmental issues facing Target Corporation. Use / reference the frameworks developed throughout the class, where appropriate. Support your assertions with logic, analysis and citations. Rank order the environmental issues with the most important first.
2. Briefly describe the major internal issues facing Target Corporation. Use / reference the frameworks developed throughout the class, where appropriate. Support your assertions with logic, analysis and citations. Rank order the internal issues with the most important first.
3. Using the environmental issues and internal issues from above, describe two alternative strategies that Target could pursue. Your explanation should effectively integrate the external and the internal, address the most important issues facing the firm, and include those important actions management must take to effectively implement your recommendation. The strongest recommendation will take advantage of multiple elements in a coordinated way. Note: you can address business as well as corporate strategy here.
4. Pick one of the strategies discussed above and present three ‘leading indicators' that management would be able to use to assess the success of your strategic action. Support the reasoning of why your leading indicator is a good early measure of the performance of your strategy.