WHY IT’S ON THE LIST
The emphasis on talent development, especially mentoring, has served Target well as it continues its focus on diversity and inclusion, led by Kim Strong, Vice President of Diversity & Inclusion.
The executive diversity council has implemented strong methods of accountability for results, including requiring external recruiters to have diverse slates of executive candidates. Target also has had an increased focus on supplier diversity, and its use of its resource groups for leadership identification continues to be a strength.
But it is with its mentoring initiative—in which almost all of its employees, including those in stores, participate—that Target has really excelled. The company received DiversityInc’s award as Top Company for Mentoring last fall.
Senior leadership is involved in the mentoring relationships, which are frequently cross-cultural, and follow-up is mandatory. Mentoring success is part of performance-review evaluations, and the company is now also requiring formal sponsorship (political advocacy), especially for people from underrepresented groups.
Chairman, President and CEO
“At Target, nurturing an inclusive culture is core to building the credibility we have with our guests and our ability to stay relevant in their lives. The diverse backgrounds and viewpoints that our team members bring to work every day help enhance our company, strengthen our communities and enrich our brand.”
Vice President, Diversity & Inclusion
“Combining the unique talents and perspectives of our team with the expertise of external organizations, we’re better able to connect in our communities and create an environment where everyone feels welcome, respected and valued. Partnerships, sponsorships and volunteerism strengthen our team, and help us offer a meaningful experience to our guests.”
U.S. Headquarters: Minneapolis
Global Employees: 350,000
U.S. Employees: 334,843
OTHER DIVERSITYINC LISTS
- No. 4 Top 10 Companies for Mentoring
- No. 8 Top 10 Companies for LGBT Employees