Program Manager

Topics: Six Sigma, Strategic management, Business process Pages: 34 (8350 words) Published: December 9, 2012
Cat Inc. is the world’s largest manufacturer of construction and mining equipment, diesel and natural gas engines, and industrial turbines. It is also a technology leader in construction, transportation, mining, forestry, energy, logistics, and electric power generation. Its corporate world headquarters is located in Peoria, Illinois. Cat Inc is comprised of 26 business units. Cat Inc. is rated number 1 or 2 in every major S&P 500 and Dow Jones Index tracked category in the Construction, Agriculture, and Machinery industry against its industry competitors. Cat Inc. had a record $30.25 billion in sales and revenues in 2004, an increase of 33 percent over 2003. The 2004 record profit of $2.03 billion is 85 percent higher than the 2003.

What Caterpillar is best in the world at making:
Track-Type Tractors.
Track-Type Loaders.
Wheel Loaders and Integrated Tool carriers.
Motor Graders.
Backhoe Loaders.
Paving Products.
Agricultural Tractors.
Forest Machines.
Wheel Tractors and Compactors.
Telescopic Materials Handlers.
Engines/on highway trucks/Generator set.

Other Products (Diversification)
Caterpillar Financial
Remanufactured Products
Caterpillar Logistics

Board of Directors

Caterpillar’s Board of Directors is composed of 14 members. The Governance Committee of the Board of Directors selects the directors via a detailed process. The Governance Committee makes recommendations to the board regarding the size and composition of the board. The Governance Committee also monitors and makes recommendations regarding the board's performance. Attributes sought of potential board members include: integrity, honesty, and accountability; successful leadership experience and strong business acumen; forward-looking, strategic focus; collegiality; independence and absence of conflicts of interests; ability to devote necessary time to meet director responsibilities; and ability to commit to company stock ownership.[5] Historically, board directors have played very passive roles in the development and implementation of corporate strategy. Caterpillar’s board members have a firm understanding of the industry and the critical role they play in the company’s success. As such, the board members’ level of involvement and engagement in planning, development, execution, and measurement of corporate strategy are very active.

Current Board Members are:

James Owens Frank Blount
Chairman/Chief Executive Officer CEO
(CEO) JL Ventures, Inc.

Dr. John Brazil
President, Trinity University John T. Dillon
Former CEO, International

Eugene Fife Gail Fosler
Managing Principal Vice President, Chief
Vawter Capital LLC Economist of Conference
Former CEO, Illuminis, Inc. Board/Director Unisys Corp

Juan Gallardo David Goode
Chairman, Grupo Embotelladoras Chairman/CEO Norfolk
Unidas S. A. de C. V. (Mexico) Southern Corporation

Peter Magowan William Osborn
Former Chairman/CEO Safeway Inc. Chairman/CEO Northern Trust

Gordon Parker Charles Powell
Former Chairman, Newmont Mining Chairman, Sagitta Asset Corporation Management Limited and Louis Vuitton U.K. Ltd.

Edward Rust Jr. Joshua Smith
Chairman/CEO, Stat Farm Mutual Chairman/Managing Partner Automobile CompanyCoaching Group, LLC

Organizational Structure

Caterpillar employs a matrix organizational structure to support its 26 business units (BUs). Caterpillar’s matrix structure is a cross between the functional/divisional and geographic organizational structures. Five Group Presidents oversee and provide direction...
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