Homework: Resource Journal
Review the following terms and concepts discussed this week to prepare for this homework:
o organizational structure
o organizational culture
o inertia
o Holacracy
o PESTEL model
Create a Word doc and title it Strategic Management Research Journal.
Write a 525 to 700 words response to the following prompts in your journal entry:
o Assess whether Caterpillar Inc. is using the appropriate measures to verify its strategic effectiveness.
o Summarize Caterpillar Inc.'s organizational structure.
o Determine whether Caterpillar Inc.'s organizational structure is considered a traditional organizational structure or a Holacracy.
o Justify why it's important for Caterpillar Inc.'s leadership team to study and understand the company's internal and external environments.
o Evaluate Caterpillar Inc.'s competitive position and how they have responded to shifts in the external and internal environments.
o Recommend strategies in operational changes to support Caterpillar's strategic plan, future business decisions, and improvement in business performance.
Format your homework according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.