Strategic Management Research Journal Part 3

Review the following terms and concepts discussed this week to prepare for this assignment:

• organizational structure
• organizational culture
• inertia
• Holacracy
• PESTEL model

Create a Word doc and title it Strategic Management Research Journal Part 3. Be sure to review and follow the template that I provided (attached) for you. Use a Title page and a References page with at least three references. No running head is required, but do use headings to separate portions of your paper, and remember to cite your sources in the main body of your paper

Write a 550-word response to the following prompts in your journal entry:

1. Assess whether Caterpillar Inc. is using the appropriate measures to verify its strategic effectiveness.
2. Summarize Caterpillar Inc.’s organizational structure.
3. Determine whether Caterpillar Inc.’s organizational structure is considered a traditional organizational structure or a Holacracy (be sure to explain why, or why not, these terms apply and use citations).
4. Justify why it’s important for Caterpillar Inc.’s leadership team to study and understand the company’s internal and external environments.
5. Evaluate Caterpillar Inc.’s competitive position and how they have responded to shifts in the external and internal environments.
6. Recommend strategies in operational changes to support Caterpillar’s strategic plan, future business decisions, and improvement in business performance.

Be sure to have 3-5 sentences per paragraph and include an introduction and conclusion.

Resources:

• Caterpillar Inc. website