Friday, June 14, 2019

Caterpillars Resilience for Strategic Change Management Process Essay

Caterpillars Resilience for Strategic Change Management Process - Essay Example1) These above mentioned lines are not only mere critical jargon or illusion used by some well known academic scholars but the lines are truly reflecting the core essence of change over management. In such context, Zajac, Kraatz & Bresser (2000) pointed out that the question is not about whether an musical arrangement is able to change or not rather the focus should be whether the mentioned organization is able to successfully implement the change management mechanism in competitive environment or not. Palaniswamy and Sushil (2003) argued that going for change for organizations is always directed by external factors because no organizations would want to change the existing system equilibrium without any bankable reason. Well, the argument has point because historical analysis of data shows that without the social movement of certain reasons or the objective of achieving certain benefits, none of the o rganizations have invested its financial and non-financial resources to achieve change management (Zajac, Kraatz & Bresser, 2000). ... Caterpillar Inc- Business Dimension Caterpillar Inc or Cat is an American corporation which is global leader in manufacturing, construction and mining equipment, diesel-electric locomotive, industrial gas turbines and diesel and natural gas engines. The partnership was established in 1925 and at present, headquarter of the phoner is located in Peoria, Illinois, United States (Caterpillar, 2013a). The engineering giant offers wide range of products ranging from construction and mining equipment (the yellow equipment of the company has become symbolic icon for both(prenominal) industrial and retail consumers), customized industrial gas turbines which can lift heavy loads, natural gas engines which can body of work in low carbon emission state, remanufacturing services, end to end logistic services and even financial services (Gillett, stag & Bevin gton, 2010). As of 2012, Caterpillar Inc has gain revenue of more than US $65 billion from its global business operation while the company has reported asset worth around US$89 billion (Caterpillar, 2013a). As of 2008, the company has established presence in every continent while total employee base of the company exceeds 0.1 million (Gillett, Fink & Bevington, 2010). Now, the fact is that Caterpillar Inc never targeted retail customers or sell items to end users because from the starting days, the engineering targeted construction and mining companies or the dealers who sell construction equipment to both industrial and retail customers. In such business ideology, Caterpillar Inc has established global dealer distribution network crossing 185 partnerships across countries in Europe, mho America, Africa, North

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