Strategic Management Journal, Part 3 Management Essay

Essay Instructions:

Strategic Management Research Journal, Part 3 [due Mon] University of Phoenix
Review the Strategic Management Project Background.
Familiarize yourself with the following terms and concepts discussed this week in preparation for completion of this assignment: organizational structure, organizational culture, inertia, Holacracy, PESTEL model.
Create a 700 to 1,050-word entry in your strategic management research journal. You will use information from this entry in your presentation due in Week 5. Respond 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.
Detail why it is important for Caterpillar Inc. leadership 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.
Use the Grading Assignment Rubric as a guide to complete your paper.

Individual Assignment: Week 3: Apply Strategic Management Research Journal-Part 3 *Name:* *Content*	Met (100%)	Partially Met (60%)	Not Met (< 60%)	Comments:
Student. assess whether Caterpillar Inc. is using the appropriate measures to verify its strategic effectiveness. (10.0 Points)
Student Summarize Caterpillar Inc.’s organizational structure. (10.0 Points)
Student determine whether Caterpillar Inc.’s organizational structure is considered a traditional organizational structure or a Holacracy. (10.0 Points)
Student detail why it is important for Caterpillar Inc. leadership to study and understand the company’s internal and external environments. (10.0 Points)
Student evaluate Caterpillar Inc.’s competitive position and how they have responded to shifts in the external and internal environments. . (15.0 Points)
The journal entry is 700- to 1050- words in length. Cite references, including public information, such as news releases, financial reports, and marketing analyses. (5.0 Points)
		*Total Available*	*Total Earned*
		60
*Writing Guidelines*	Met (100%)	Partially Met (60%)	Not Met (< 60%)	Comments:
The journal entry—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets course-level requirements. (10.0 points)
Intellectual property is recognized with in-text citations and a reference page. (10.0 points)
Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper. (10.0 points)
Sentences are complete, clear, and concise. (5.0 points)
Rules of grammar and usage are followed including spelling and punctuation. (5.0) points)
		*Total Available*	*Total Earned*
		40
Assignment Total	#	100
Additional comments:

Essay Sample Content Preview:

CATERPILLAR Inc.
Name
Course
Date
Introduction
Caterpillar Inc. is a company which is an American Fortune 100 corporation. It was founded in 1925. The company designs, develops, manufactures, and sells construction and mining machinery and engines. The company has its headquarters at Peoria, Illinois. It is a multinational company and has over 500 manufacturing and servicing outlets in around 180 countries all over the world. It also referred to as CAT.
Strategic Effectiveness
CAT aims to provide solutions to assist its consumers and the community in building a better planet. It is also working to hasten economic growth by developing the infrastructure. To achieve this, it has measures that verify the effectiveness of its strategic management. The measures are met by setting goals for the company’s operations. These goals include; developing better systems by maximizing the use of technology and encouraging innovations that boost the sustainability of its products and services. Also, it ensures the safety of people dealing with the machines, reducing the cost by minimizing the use of raw materials like water, land, and energy used in the company’s operations. These goals, among others, provide a basis for verifying the company’s strategy effectiveness concerning its aims.
Organizational Structure
The company’s organizational structure has been reorganized into divisions that are improving its efficiency and enhancing the simplicity of operations worldwide. It also aims at meeting the interests of the company’s stakeholders by observing accountability, responsibility, and taking care of rules and regulations of the federal law. The company is putting efforts to incorporate an executive officer responsible for; digital and innovation skills and improve data analysis. The organizational structure is simple and is divided into three departments, namely, engineering, manufacturing, and accounting. The organization’s structure has been designed to make the company’s products reliable by improving the speed of delivery of products to its customers all over the world and rewarding its employees (Dyck, 2013).
The CAT’s organizational structure is viewed as Holacracy. This is because it has decentralized management and governance of it...

Updated on January 26, 2024

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Strategic Management Journal, Part 3 Management Essay

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