Review the Strategic Management Project Background and your strategic management research journal entries from Weeks 1–4. Create a 10-slide presentation for Caterpillar Inc. leadership in which you...

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Review
the
Strategic Management Project Background
and your strategic management research journal entries from Weeks 1–4.







Create
a 10-slide presentation for Caterpillar Inc. leadership in which you summarize your key findings, propose recommendations, and provide rationale for your recommendations.







Respond
to the following prompts:



  • Summarize your evaluation of the alignment between what Caterpillar Inc. is currently doing and their mission, vision, or values statement. Would you propose any changes to Caterpillar Inc.'s mission, vision or values statements? Why or why not? (Refer to Wk 1, Bullet #4.)

  • Summarize your assessment of whether Caterpillar Inc. is leveraging the appropriate value and cost drivers for their business strategy. Would you propose any changes? Why or why not? (Refer to Wk 2, Bullet #3.)

  • Summarize your analysis of the strengths and weaknesses of Caterpillar Inc’s competitive advantages. Based on your analysis would you propose any changes? Why or why not? (Refer to Wk 2, Bullet #4.)

  • Summarize your assessment of whether Caterpillar Inc. is using the appropriate measures to verify its strategic effectiveness. Based on your analysis would you propose any changes? Why or why not? (Refer to Wk 3, Bullet #1.)

  • Summarize your evaluation of Caterpillar Inc.’s competitive position and how they have responded to shifts in the external and internal environments. Would you propose any changes in how Caterpillar Inc. responds to shifts in the external and internal environments? Why or why not? (Refer to Wk 3, Bullet #5.)

  • Summarize your evaluation of how mergers and acquisitions in the past 5 years have contributed to Caterpillar Inc.’s performance. Would you propose that Caterpillar Inc. pursue mergers and acquisitions in the future? Why or why not? (Wk 4, Bullet #2.)

  • Summarize your assessment of Caterpillar Inc.’s global strategy. Based on your assessment would you propose any changes? Why or why not? (Refer to Wk 4, Bullet #3.)







Citeat least 3 credible and relevant references.







Formatyour presentation consistent with APA guidelines.

Answered Same DayJan 06, 2021

Answer To: Review the Strategic Management Project Background and your strategic management research journal...

Abhishek answered on Jan 11 2021
132 Votes
Accounting
 Accounting
INTRODUCTION 
The assignment deals with the strategic management project background of the  Caterpillar Inc.
In this assignment a detailed study of the company will be done through the reports that have been found in the week’s journal.
 In this assignment, some questions have been discussed in elaborate manner to understand the eff
ectiveness and the working procedures of the company. 
The assignment deals with the strategic management project background of the  Caterpillar Inc. In this assignment a detailed study of the company will be done through the reports that have been found in the week’s journal. Through the reports of the week journals, the elaborate study of the  Caterpillar Inc. is done in the assignment. Various aspects have been shown including the mission statements, business strategies, strengths, weaknesses and the overall positioning of the company in the market. In this assignment, some questions have been discussed in elaborate manner to understand the effectiveness and the working procedures of the company. 
2
PROPOSAL OF CHANGES TO CATERPILLAR INC.’S MISSION, VISION AND VALUES STATEMENT 
The mission of  Caterpillar Inc. is to make sure that there is economic growth in the society and as well as the company
The company is ready to make the economic growth through the development of the infrastructural and energy development. The mission statement needs to be more updated along with the time
The company must throw some lights on the vision. The company does not seem to have a very high vision. A high vision is very important to motivate the employees so that their morale is always high (Aithal, 2016). The company must also propose some changes to the values statement
The value mission of the company must include the well being of the employee of the company as well. This is because the employees are the working force of the company. 
The mission of  Caterpillar Inc. is to make sure that there is economic growth in the society and as well as the company. The company is ready to make the economic growth through the development of the infrastructural and energy development. The mission statement needs to be more updated along with the time. The company must throw some lights on the vision. The company does not seem to have a very high vision. A high vision is very important to motivate the employees so that their morale is always high (Aithal, 2016). The company must also propose some changes to the values statement. Their values statement should not only be restricted to the stakeholders. The value mission of the company must include the well being of the employee of the company as well. This is because the employees are the working force of the company. 
3
APPROPRIATE VALUE AND THE COST DRIVERS FOR THE BUSINESS STRATEGY 
The organisation  Caterpillar Inc.is trying to earn profit through delivery of sustainable products and services
The company is implementing the appropriate amount of the values and the cost drivers in the business strategy
 In order to do so, the company has invested a huge amount of money. The company also focuses on the various kinds of the CSR activities
The CSR activities helps in driving the cost and also helps in bringing reputation for the company as well (Søndergaard,  Oehmen & Ahmed-Kristensen, 2016)
The organisation  Caterpillar Inc.is trying to earn profit through delivery of sustainable products and services. The company is implementing the appropriate amount of the values and the cost drivers in the business strategy. This can be said because of the investment of the...
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