Project's Profiles:
Cool's
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Methodology
Our
goal was to produce a timely, informative and professional product to be
presented to our customers, Dr. Carol
Larson Jones, Michelle Reymundo, TA, and our MHR301 classmates. Our team
project is about Dayton Hudson Corporation, which changed its name to Target
Corporation in January 2000. As a result, throughout this report we will
refer to Dayton Hudson as Target Corporation. In the March 1, 1999 and
February 21, 2000 issues of Fortune Magazine, Target Corporation was ranked
number two in the category of General Merchandisers. For ranking purposes,
Fortune Magazine uses eight key attributes of a company’s reputation. The
attributes include Quality of Management, Quality of Products/Services,
Innovativeness, Long-Term Investment Value, Financial Soundness, Employee
Talent, Social Responsibility, and Use of Corporate Assets. (Fortune Magazine,
March 1999 & February 2000)
For
the purposes of our project, our team elected to conduct research and report
about Social Responsibility and Quality of Management. We chose these two
attributes because of their respective ranking order as listed in Fortune
Magazine and because we thought these were important and interesting attributes.
Target’s highest ranking was for Social Responsibility, which ranked 16
out of 100. And Target’s lowest ranking was for Quality of Management,
which ranked 100 out of 100. Our team wanted to learn why those rankings
occurred and how Target Corporation utilizes the management principles
we are learning, thereby reinforcing the importance of effective and efficient
management. (Fortune Homepage, September 28, 2000)
Our
strategy includes primary research using personal interviews with employees
at the Target Store in West Covina and a telephone interview with Mr. Paul
Singer, SVP/CIO at Target Corporate Headquarters in Minneapolis, MN. Secondary
research includes the use of the Internet, magazine articles and books
regarding management and social responsibility.
Our
first priority was to create a master plan, after which, we determined
the report should be broken down into specific sections and then team members
volunteered to take responsibility for a specific section. Two sub-teams
were established to conduct research on each attribute. Khuong Luu, Sandra
Sheffield, and Hung Tran took Social Responsibility, while Mary Forthun,
Tram Phan, and Janet Boydell took Quality of Management. The entire team
participated in a team building exercise that included developing an interview
questionnaire and actual interviews with Target employees. Sandra
Sheffield took responsibility for consolidating the results of the Target
store interviews and each team member wrote about what he or she learned
from the experience. Janet Boydell prepared the questionnaire and conducted
the telephone interview with Paul Singer, SVP/CIO at Target Corporation
Headquarters. Mary Forthun took responsibility for collating and typing
the experiential exercise that each team member completed. Khuong Luu and
Hung Tran took responsibility for development of the Power Point presentation
slides and the web site. Janet Boydell took responsibility for coordinating
all processes of the final report, and Mary Forthun prepared the Reference
List. Each team member took responsibility for reviewing the final report
prior to presentation. Our efforts are evident with this final document
and represent how working efficiently and effectively can produce a quality
product.
* Team 12 *
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