Homework: Strategic Management Research Journal
Familiarize yourself with the following terms and concepts discussed this week in preparation for completion of this homework: organizational structure, organizational culture, inertia, Holacracy, PESTEL model.
Create a 700 to 1,050 words 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:
a) Identify and assess the two most important factors/issues of Caterpillar's internal environment.
b) Identify and assess the two most important factors/issues of Caterpillar's external environment.
c) Evaluate Caterpillar Inc.'s competitive position and how they have responded to shifts in the external and internal environments.
d) Identify Caterpillar's organizational structure and determine whether this should be considered a traditional organizational structure or a Holacracy. Discuss your impression of Caterpillar's culture, including any changes you think may be needed.
Format your homework according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.