Review the Strategic Management Project Background document.
Review the following terms and concepts discussed this week to prepare for this assignment:
Organizational structure
Organizational culture
Inertia
Holacracy
PESTEL model
Create an APA formatted Microsoft® Word document and title it Strategic Management Research Journal Part 3.
Write a 600- to 700-word response to the following prompts in your journal entry:
Derermine the performance measures used by Caterpillar Inc. and whether they verify its strategic effectiveness.
Summarize Caterpillar Inc.’s organizational structure based, in part, on its organizational chart.
Make the determination whether or not Caterpillar Inc.’s organizational structure would be considered traditional or an Holacracy.
Justify the need for Caterpillar Inc.’s leadership team to study and understand the company’s internal and external environments.
Evaluate Caterpillar Inc.’s competitive position and its responses to shifts in its external and internal environments.
Recommend operational change strategies to support Caterpillar’s overall strategic plan, future business decisions, and improvement in business performance.