Cats Organizational Structure - 1731 Words

Caterpillar’s Organizational Structure Caterpillar is a corporation that designs, manufactures and sells diesel and natural gas engines, construction, and mining equipment. Since the year 1905 Caterpillar has been a corporation that has evolved by making significant improvements to its machinery by taking advantage of the available technology, and it has had the ability to adapt to the dynamic changes and demands of the construction industry. Many significant events have occurred in this business to make this company what it is nowadays, a very prestigious and successful company around the world. In the year 1906 in San Francisco California, when one of the most significant earthquakes took place, the company made a remarkable use of its†¦show more content†¦A completely independent Board of Directors conformed by members outside the company (non-employees). The CEO oversees five group presidents. These groups of presidents supervise twenty-five vice presidents who are in control facilities, geographical regions, marketing regions and four service centers (see fig. 3). Fig. 3. Caterpillar’s Organizational structure. The Official Board. Orgeanizational Chart Caterpillar, April 3, 2012. lt;http://www.theofficialboard.com/org-chart/caterpillargt;. As we can see in the table, the corporation does not rely heavily in management levels; instead the chain of command is not very tall; which makes very dynamic the flowing of ideas and orders from Directors to line and production managers. This decentralized structure that took place in the early 1900’s was a key strategy to get closer to customers and satisfy more efficiently to their needs. The actual structure of the company is a clear insicator of how the company evolves constantly with the industy; the leadership understand the importance of being constantly involved with the employees at all levels. In the year 2004, the back then vice president of the company Christioano V Schena; shared an interesting story that demonstrated the effectiveness and results that good management can do for the Company.Show MoreRelatedFinancial Management : Key Performance Metrics10327 Words   |  42 Pagessection also speaks to same-day price reactions likewise. Of particular importance in the factors affecting market pricing changes is the news of structural or organizational changes within an organization, important personnel changes, particularly of key leaders, future corporate predictions and how those affect prices, and finally organizational and industrial developments and future plans that can have a positive or negative impact on the corporation and therefore prices. In Section 4 we discussRead MoreBus 210 Week 4 Swot Analysis Essay2473 Words   |  10 Pagesexperienced business Owners, (Shelly, and Keith Harwood) with plans for, adding an outsourcing of part-time Team of Multi-Level employee labor source. Labor and personnel plans are to include the organizational group of part-time cross-functional Team of employees under control of the hierarchical structure of; Senior and Multi-level outsource management during the busy season. The financial plan for implementation is the initial owner financing investment of $65k. The projected gross net profitRead MoreThe Effect of the Use of Social Networking Sites in the Workplace on Job Performance18692 Words   |  75 Pagesworkplace is a waste of time while others believe it leads to improvements in job performance. This study attempts to resolve this controversy by examining the use of social networking sites in the workplace and its effect on job satisfaction, organizational commitment, absenteeism, turnover intention, innovative behavior, and job performance. Based on literature, a research model and hypotheses were developed. The research model predicts that social networking site use intensity will influence employeeRead MoreCat - Make Dealer Your Partners8009 Words   |  33 Pagescomputer also tells him exactly which parts and tools he will need to make the repair. Then, with a touch of a key, the technician ties into Caterpillars worldwide information system, which links dealers. Caterpillars parts-distrihution facilities. Cats and its suppliers factories, and large customers inventory systems. He instantly determines the best sources of the parts and the times when each source can deliver them to the dealers drop-off point. Next, the technician sends a proposal toRead MoreSample Assignment28504 Words   |  115 Pagescompensable factors were explained and justified. Perhaps a better presentation could have been achieved – although there is the odd confusion between person and job based factors (e.g. p20). Similarly the discussion of the development of multiple structures on the basis of a single set of comp factors is not clearly explained. Phase 2 is probably the strongest section. Phase 3 would have benefitted from more detail†¦ Awareness of the link between proposals/practices and parties’ respective interests