Target Stores (TGT) – Discovery Version of Kring Strategy Map

Years ago, I started work in a new position at the headquarters of a major retailer. The retailer is a competitor to Target Stores (TGT). Within the first few weeks of work I built a series of business strategy maps. I built a high-level one for the company I was working at. I built a detailed one for the product I was working on. And I built a discovery version of the KSM for Target Stores (TGT).

The strategy map I built for TGT I used to understand both the competitive landscape, and additional more specific detail regarding a competitor.
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Leadership, Strategy & Change Management

I was just part of a conversation regarding leadership, strategy and change management. The conversation felt very much like ones that I have had and have read about for decades.

A bunch of isolated bits of wisdom that didn’t seem to anchor to anything larger. Fragments that felt like they could swirl around forever without building toward a greater knowledge. And unless things change, these are the types of conversations we will continue to collectively have, until the end of time. Unless we end this nonsense.
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Getting The Most, Out Of Your Most Valuable Asset

Business people often say “our people are our greatest asset”. But often also don’t know how all of their people fit together. How the business flows from potential to profitability. How marketing strategies, finance strategies, operational strategies and the customer’s strategies all fit together.

If you don’t know how it all fits together, can you really know how to best leverage your greatest asset?
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