31 October 2022
Benefits of Company Culture, DEIB, Employee Experience
A conversation with Chairman and CEO Brian Cornell.According to Brian Cornell, chairman and CEO at Target, investing in their people and in diversity is not just an initiative: “It’s part of how we lead, it’s part of our strategy, it’s part of our culture, it’s how we run the company. That’s why we’ve seen growth. I think that investment is paying back the shareholders each and every day.”
During the pandemic, Target grew their top line by $30B+ by investing in their people and ensuring that the company reflects its customer base. It has increased promotions for people of color by 62%, reduced turnover among people of color by more than 33%, and increased promotions of women to senior leadership positions by 16% — women now make up half of all leaders at Target.
In this discussion from the 2022 Great Place To Work® For All Summit™, Michael C. Bush, CEO at Great Place to Work, sat down with Brian to learn more about how Target puts its people at the center of its business.
In this video:
- Brian’s career advice to people who aren’t currently at a workplace they love
- Why Target invested an incremental $1 billion of operating income in team members
- What Brian looks at, beyond wages and benefits, to make sure Target is creating rewarding careers for its people
