Week 5 MGT 498
Week 1
· Bullet#1
Determine how AFI strategy framework acts as an integrative facilitator for strategic management planning.
· Bullet #2
Identify the guiding principles used for preparing effective statements that describe the mission, vision, and the core values of an organization.
· Bullet #3
Review the mission statement in Chapter 1 of Strategic Management: Concepts (p. 13), and determine whether the Caterpillar Inc. mission statement conforms to the description in the text. State the reasons the mission statement conforms or does not conform.
· Bullet#4
Research public information, such as news releases, financial reports, and marketing analyses. Based on your research evaluate the alignment between what Caterpillar is currently doing and their mission, vision, or values statement.
Week 2
· Bullet #1
Describe the role of strategic planning in achieving a competitive advantage.
· Bullet #2
Assess Caterpillar Inc. to determine whether their top focus is accounting profitability, shareholder value creation, or economic value creation.
· Bullet#3
Assess whether Caterpillar Inc. leverages the appropriate value and cost drivers for their business strategy.
· Bullet #4
Analyze the strengths and weaknesses of Caterpillar Inc’s competitive advantages.
· Bullet #5
Evaluate the influence of ethics, social responsibility, and legal considerations on strategic planning.
· Bullet #6
Discuss the value of corporate social responsibility (CSR), and determine if Caterpillar Inc.’s CSR meets those values.
· Bullet #7
Analyze the role of ethics and social responsibility in developing Caterpillar Inc.’s strategic plan while considering stakeholder needs and agenda.
Week 3
· Bullet #1
Assess whether Caterpillar Inc. is using the appropriate measures to verify its strategic effectiveness.
· Bullet #2
Summarize Caterpillar Inc.’s organizational structure.
· Bullet #3
Determine whether Caterpillar Inc.’s organizational structure is considered a traditional organizational structure or a Holacracy.
· Bullet #4
Detail why it is important for Caterpillar Inc. leadership to study and understand the company’s internal and external environments.
· Bullet #5
Evaluate Caterpillar Inc.’s competitive position and how they have responded to shifts in the external and internal environments.
Week 4
· Bullet #1
Identify Caterpillar Inc.’s short-term versus long term goals.
· Bullet #2
Evaluate how mergers and acquisitions in the past 5 years have contributed to Caterpillar Inc.’s performance.
· Bullet #3
Assess Caterpillar Inc.’s global strategy (international, multi-domestic, global-standardization, or transnational).
Discuss the types of innovation Caterpillar Inc.’s uses such as radical incremental, disruptive, and architectural innovation. Identify types of innovation Caterpillar Inc. has used over time.