Principal Enterprise Growth Initiatives (Full-Time Remote or Hybrid)

Employer
Target
Location
Minneapolis, Minnesota
Posted
Sep 21, 2022
Closes
Oct 03, 2022
Employment Status
Full Time
Description:
Principal Enterprise Growth Initiatives (EGI) (Full-Time Remote or Hybrid)

Exempt

08/22

About Us:

As a Fortune 50 company with more than 350,000 team members worldwide, Target is an iconic brand and one of America's leading retailers.

Working at Target means the opportunity to help all families discover the joy of everyday life. Caring for our communities is woven into who we are, and we invest in the places we collectively live, work and play. We prioritize relationships, fuel, and develop talent by creating growth opportunities, and succeed as one Target team. At our core, our purpose is ingrained in who we are, what we value, and how we work. It's how we care, grow, and win together

Target is one of the world's most recognized brands and one of America's leading retailers.

Insights, Strategy, and Growth Overview:

On pace with one of the world's best-loved and most recognized retail brands, Target's Insights, Strategy & Growth team is focused on the fueling both present, and the future. We are at the center of developing and enabling how Target evolves to meet the changing needs of our guests while winning a competitive global retail marketplace. Here, you will partner with internal contacts and external firms in a wide variety of role. Do you love the idea of helping to shape Target's long-term strategy development? Are you a champion for rigor and process to ensure successful strategic planning? Can you bring your energy and ideas to the table to build momentum to drive new growth? Then bring your talent to the game and join us in bringing to life a portfolio of initiatives designed to move Target forward.

Team Overview:

A role within Enterprise Growth Initiatives means helping Target build beyond the core and create future focus for the organization. You will be part of a team of hybrid thinkers, actively leveraging each other's skills and knowledge, with a bias to deliver timely business impact. From exploration to activation, you will accelerate and prove new concepts that differentiate the guest experience and generate new revenue streams. Whether exploring new business models designed to meet guest needs, engaging with start-ups with an aim on testing and accelerating their products or commercializing and integrating new growth back into the organization...you will ensure success by rapidly applying your expertise and fostering an entrepreneurial culture while leveraging the benefit of a large organization's knowledge and resources.

Position Overview:

Provide bold vision, sound strategic judgment, day-to-day team leadership and development, structure, and project management through often ambiguous bodies of work. Responsibilities include but are not limited to:
  • Scope innovation projects, connect them to a clear business need, identify key senior and functional stakeholders, and articulate sharp and specific measures of success
  • Think boldly about opportunities, applying creativity and non-linear thinking to imagine new possibilities and inspire others
  • Evangelize to and align senior executives, internal functional leaders, and external resources as needed to get buy-in, create clarity / align expectations, secure resources, and provide transparency / visibility
  • Lead cross-functional "pod teams" to validate concepts, including business designers (strategists), experience designers, and engineers
  • Apply design thinking, lean startup, and other innovation methodologies (e.g., provocation-based research, low-fidelity prototyping, jobs-to-be done assessments, etc.) to projects; facilitate team alignment on approaches to research and methodology, actively teach these skills to team members, and continuously update the NVA toolkit for how to approach our work
  • Help teams define a "learning plan" for the work that includes industry, market, UX, or provocation-based research as needed
  • Drive teams to define and create prototypes of varying fidelity to support both research and live, in-market experiments
  • Define and execute in-market experiments to generate proof / disproof of desirability / feasibility / viability of concepts; define key performance indicators and metrics for each experiment; ensure these are statistically significant and that the appropriate signals are being measured given the stage of concept development
  • Project manage across generally ambiguously defined bodies of work; create clear structure, timing, action plans, meeting cadence, and support creation of recaps, presentation materials, ad hoc analyses, and other supporting materials as needed
  • Own project management tools (i.e. Trello, work plans, etc.) to ensure priority alignment across the New Ventures cross-functional team and other internal and external stakeholders
  • Create and maintain weekly, monthly, and quarterly KPI reporting and communicate this out regularly to key stakeholders
  • Identify new processes and tools that need to be created or implemented to help the team achieve its goals


About You:
  • BS / BA
  • 10+ years working experience, with specific experiences in an experiment-driven / entrepreneurial environment helping launch new products, services, experiences or businesses
  • Consumer-facing domain expertise in a key functional area (store operations, human centered design, ecommerce, etc.) with a successful track record of bringing experiences to market
  • Proven ability to navigate and influence internal and external networks; ideally brings a strong horizontal internal Target network (but not required)
  • Experience coaching and developing team members, providing feedback and day-to-day guidance
  • Strong executive project management skills. Must be able to provide structure, be proactive, navigate ambiguity, manage stakeholders, hold others accountable without authority, and lead creation of appropriate professional collateral (e.g., decks, white papers, design briefs, RFPs, project plans, etc.)
  • Exceptional communication, active listening, critical thinking, and presentation skills, with experience presenting to executive leadership
  • Team player with ability to interact with multiple levels of the organization and external partners.
  • Humility, learner's mindset, with a high tolerance for ambiguity


This position may be considered for a Full-Time Remote or Hybrid work arrangement based on Target's needs. A Hybrid work arrangement means the team members core role will be a blend of virtual and onsite at a Target location. A Full-Time Remote work arrangement means the team member works full-time from home or an alternate location that's not a Target location, does not have a desk at their primary HQ work location and may travel to HQ up to 4 times a year.

Colorado, Connecticut or Nevada Residents Only: The salary range for Colorado, Connecticut or Nevada residents is $119,500 - $215,100. Pay is based on several factors including but not limited to education, work experience, certifications, etc. In addition to your salary, Target cares about and invests in you as a team member, so that you can take care of yourself and your family. Find competitive benefits from financial and education to well-being and beyond.

Americans with Disabilities Act (ADA)

Target will provide reasonable accommodations (such as a qualified sign language interpreter or other personal assistance) with the application process upon your request as required to comply with applicable laws. If you have a disability and require assistance in this application process, please visit your nearest Target store or Distribution Center or reach out to Guest Services at 1-800-440-0680 for additional information.

Qualifications:

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