Strategic Management Journal Part 1-organizational strategic planning principles
Review the resources listed at the end of this assignment along with the terms and concepts discussed this week to prepare for this assignment:
- strategic management
- competitive advantage
- strategic plan
- mission statement
- vision statement
- core values statement
Justify the guiding principles required for preparing effective statements that describe the mission, vision, and the core values of an organization as covered in the assigned reading.
2. Compare whether Caterpillar Inc.’s mission, vision, and core values conform and support organizational strategic planning principles.
3. Assess what Caterpillar Inc.’s current competitive advantages and disadvantages are by considering their business partners, allies, and general operations.