MGT 498 Wk 3 – Apply: Signature Assignment: Strategic Management Research Journal Part 3

Review the Strategic Management Project Background document.

Review the following terms and concepts discussed this week to prepare for this assignment:

• Organizational structure
• Organizational culture
• Inertia
• Holacracy
• PESTEL model

Create a Microsoft® Word document and title it Strategic Management Research Journal Part 3.

Write a 525- to 700-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.
• 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.

Include references per APA format.

Note: You will use information from this entry in your presentation due in Week 5.

Submit your assignment.