Strategic Management Research Journal

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.

Write a 550 word response to the following prompts in your journal entry:
Assess whether Caterpillar Inc. is using the appropriate measures to verify its strategic effectiveness.
Summarize Caterpillar Inc.’s organizational structure.
Determine whether Caterpillar Inc.’s organizational structure is considered a traditional organizational structure or a Holacracy.

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Justify why it’s important for Caterpillar Inc.’s leadership team to study and understand the company’s internal and external environments.
Evaluate Caterpillar Inc.’s competitive position and how they have responded to shifts in the external and internal environments.
Recommend strategies in operational changes to support Caterpillar’s strategic plan, future business decisions, and improvement in business performance.

SAMPLE SOLUTION

Strategic Management Research Journal
One of the easiest and thorough ways to determine whether a strategy is effective in a firm is by connecting the strategy with a series of objectives, in addition to considering the plan to realize these goals via specific means. After taking care of all these considerations, an approach becomes effective if the invested resources are used in an appropriate way to assist the organization to attain the objectives of | PLACE YOUR ORDER NOW AT writtask.com | Caterpillar, Inc., the strategy used to realize growth that is the primary goal is the allocation of more resources on business areas presenting high values. This is realized through the Operating and Execution model. According to Robertson (2015), the Operating and Execution Model is effective since, the company gets to realize the potential opportunity for growth, which ought to be capitalized…