The pay range is $125,600.00 - $226,100.00

Pay is based on several factors which vary based on position. These include labor markets and in some instances may include education, work experience and certifications. In addition to your pay, Target cares about and invests in you as a team member, so that you can take care of yourself and your family. Target offers eligible team members and their dependents comprehensive health benefits and programs, which may include medical, vision, dental, life insurance and more, to help you and your family take care of your whole selves. Other benefits for eligible team members include 401(k), employee discount, short term disability, long term disability, paid sick leave, paid national holidays, and paid vacation. Find competitive benefits from financial and education to well-being and beyond at https://corporate.target.com/careers/benefits.

About Us: 

Working at Target means helping all families discover the joy of everyday life. We bring that vision to life through our values and culture. Learn more about Target here.

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.   

A core pillar of Target’s winning strategy has been a deep and sustained investment in Differentiating with Owned Brands. Our robust and growing portfolio of owned brands continues to be a core driver of Target’s success – both in terms of profitable growth and guest loyalty. As of today, Owned Brands account for 1/3rd of Target’s sales and nearly half of its profit with an enviable growth trajectory into the future. That portfolio includes 10 $1Billion+ brands with 4 of them achieving $2Billion+ including powerhouse brands like Cat & Jack, Good & Gather, and Threshold.  You will be part of a team that is pushing the boundaries on possibilities for Target, building world class brands and unlocking new ways of working across the organization. This role will give you an amazing opportunity to learn from the best in retail, intersect retail and brand management disciplines, and experience managing brands through every aspect of the lifecycle.

About the Role: 

As the Director of Portfolio Management, Portfolio Health within Target’s Brand & Portfolio Management Function, you will be responsible for developing, managing and implementing a brand portfolio roadmap and accompanying management routines that will enable Target’s Brand portfolio to deliver on ambitious growth plans. You will also play a critical role in developing project prioritization criteria and integrating prioritization routines within Enterprise business and cross functional partner processes. This role will require exceptionally close collaboration with the Brand Management pyramid leaders along with an array of cross-functional partners such as Insights, Enterprise Strategy, Finance, Merchandising, Marketing, Merch Capabilities, Product Design, and Product Operations. You will lead and navigate horizontal priorities and portfolio initiatives across disparate businesses of varying size and scale across a wide array of retail Owned Brands within a complex, matrixed organization with many stakeholders, all while scaling a new capability for Target. 

Core Responsibilities and Key Results: 

Scale the Portfolio Health capability

• Implement up a new Portfolio Health capability within an existing Brand & Portfolio Management Function. Leverage existing capability hypotheses and proof of concept work to shape and implement a scalable solution that drives impact, clarity of choice and efficiency in ways of working for Core Merchandising and Brand Management.

• Define foundational elements such as: team mission, roles & responsibilities, ways of working, processes & routines, goals & objectives.

• Implement change management best practices to set the team up for success.

• Foster productive relationships with key stakeholders across the enterprise to drive enrollment and advocacy.

• Oversee Portfolio Routines

• Lead portfolio strategic planning routines to deliver Brand & Portfolio Management outcomes according to our Long Range Plan and portfolio roadmap.

• Lead Brand & Portfolio Management prioritization routines to create cross functional leadership alignment, team connection and operational efficiency. 

• Collaborate with Director of Portfolio Strategy to implement and manage portfolio priorities that cross categories and / or brand portfolios.

• Facilitate cascade of key deliverables to relevant stakeholders and cross-functional teams via connectivity of Portfolio Routines to other core business processes.

Lead Portfolio Prioritization and Communication of Portfolio Roadmap 

• Establish Portfolio Heath key performance indicators, goals and measurement systems to facilitate prioritization using a defined set of criteria. 

• Manage Portfolio and Brand Roadmap to provide visibility to scope and timing of internal brand portfolio workstreams, including timing of consumer facing impact.

• Manage Portfolio Calendar, including roster of brand led, consumer facing communication priorities and key details regarding each individual priority (e.g., Audience, scope, impact).

• Lead annual and quarterly communication cascade of Portfolio and Brand Roadmap and Portfolio Calendar. Establish and integrate within existing business processes and routines to align priorities with key partners, including Merchandising leaders, Marketing, Design and Product Operations.

• Team Leadership

• Coach and develop high-performing team; elevate skillsets at the individual and team level.

• Invest in building Target’s culture of “Care, Grow, and Win Together”

• Demonstrate team leadership within Diversity, Equity, & Inclusion actions and behaviors

Core responsibilities of this job are described within this job description.  Job duties may change at any time due to business needs.

About You:

• Four-year degree required or equivalent experience; advanced degree preferred

• 12+ years of relevant experience

• Strategic thinking, collaboration, and planning skills; proven ability to prioritize & allocate resources

• Strong analytical skills; skilled at mining and identifying compelling, nuanced, and actionable insights

• Experience in building, leading, and motivating high-performing teams 

• Able to influence and communicate effectively across all levels and functions within an organization

• Cultivates calm, clarity, and focus through periods of uncertainty and change

• Thrives in new, ambiguous and evolving environments, demonstrating adaptability and determination

This role will report directly to Target’s Senior Director of Portfolio Management

This position will operate as a Hybrid/Flex for Your Day work arrangement based on Target’s needs. A Hybrid/Flex for Your Day work arrangement means the team member’s core role will need to be performed both onsite at the Target HQ MN location the role is assigned to and virtually, depending upon what your role, team and tasks require for that day. Work duties cannot be performed outside of the country of the primary work location, unless otherwise prescribed by Target. Click here if you are curious to learn more about Minnesota

Americans with Disabilities Act (ADA)

In compliance with state and federal laws, Target will make reasonable accommodations for applicants with disabilities. If a reasonable accommodation is needed to participate in the job application or interview process, please reach out to candidate.accommodations@HRHelp.Target.com.