Justify why it’s important for Caterpillar Inc.’s leadership team to study and understand the company’s internal and external environments.

Q: SWOT analysis of Marriott International Inc?

A: SWOT analysis is a reliable framework which enables an organization such as Mariott to set and…

Q: How can managers effectively plan and execute organizational development initiatives, such as…

A: Organizational development initiatives, such as restructuring, mergers and acquisitions, and…

Q: What is Strategic Planning and Leadership ? Please provide knowledge of Strategic Planning and…

A: Strategic management refers to a process of formulation, implementing, evaluating, and controlling…

Organizational Strategy

Organizational strategy is an activity to achieve a long-term goal with effective planning and practice. In an organizational strategy, the company takes the initiative to prepare a strategic plan with the involvement of all levels of employees to ensure the proper functioning of a business. The organizational strategy depends on culture, staff involvement, values, and an organized system of an organization. In a marketing and sales company, there must be an organizational strategy to promote a brand effectively.