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. 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.â€s organizational structure.
Determine whether Caterpillar Inc.â€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 companyâ€s internal and external environments.
Evaluate Caterpillar Inc.â€s competitive position and how they have responded to shifts in the external and internal environments.
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