Caterpillar Inc.’s Organizational Structure and Holacracy

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The Measures of Verifying Strategic Effectiveness

After evaluating plans and Caterpillar as an organization, it becomes clear the measures applied are effective. The firm produces a wide range of products applicable in mining, construction, and production in different parts of the world. Essentially, the company specializes in equipment such as gas turbine, mining hardware, gas motors, and heavy plant machines. The company focuses on enhancing equipment to meet customer requirements across the world. It motivated by a technique known as operating and execution model, which augments value for customers at affordable prices. The use of appropriate methodologies keeps the leadership on check thus allowing the firm to maximize its development agenda. The main strategy is centered on providing quality products that customers depend on to better their lives (Caterpillar, 2020). The company improves operations by empowering and involving stakeholders in all its operations.

 Caterpillar Inc.’s Organizational Structure and Holacracy

The decentralized management system used by caterpillar corresponds with the Holacracy organizational structure.

References

Caterpillar. (2020). Caterpillar | Caterpillar Announces New Organizational Structure for Mining and Customer and Dealer-Facing Divisions; Focus on Innovation and Data Analytics Remains a Key Priority. Caterpillar.com. Retrieved from https://www.caterpillar.com/en/news/corporate-press-releases/h/caterpillar-announces-new-organizational-structure-for-mining-and-customer-and-dealer-facing-divisions-focus-on-innovation-and-data-analytics-remains-a-key-priority.html.

Caterpillar. (2020). Caterpillar strategy. Caterpillar.com. Retrieved from https://www.caterpillar.com/en/company/strategy-purpose/strategy.html.

Caterpillar. (2020). Second Quarter 2020 Financial Review. Retrieved from https://s25.q4cdn.com/358376879/files/doc_financials/2020/q2/2Q-2020-Caterpillar-Inc-Earnings-Presentation.pdf.

Dupin, C. (2014). Caterpillar on the road: With US infrastructure headed south, heavy equipment shipper sends 40 percent of cargo north. American Shipper, 56(2).

Magini, N., Goldsberry, S., & Brennan, R. (2017). Caterpillar Inc. (NYSE:CAT). https://tippie.uiowa.edu/sites/tippie.uiowa.edu/files/documents/krause/f17_cat.pdf

Morgan J. (2015). The 5 types of organizational structures: part 5, Holacratic organizations. Retrieved from https://www.forbes,com/sites/jacobmorgan/2015/07/20/the-the-5-types-of-organizational-structures-part-5-holacratic-organizations#5f6c872048a2.

By admin in Essays on January 27, 2023