cat trade press
cat trade press

Caterpillar's Strategy

At Caterpillar, our purpose is clear: we build a better, more sustainable world. We are further guided by our mission of solving our customers’ toughest challenges.

Our strategy for long-term success requires us to profitably grow sales volume, lead in advanced technology, and transform how we work.

Where We're Focused

Our strategy is built on three growth pillars:

Commercial Excellence

We are collaborating more closely with our customers through engagement with key accounts, an ongoing commitment to services, and tailored go-to-market solutions.

We will evolve and grow how Caterpillar and dealers reach and serve our customers.

service technician
service technician

Advanced Technology Leader

We are leading the way in digital and technology – integrating advanced solutions across our product lines – to make our machines smarter and our solutions more connected, safe, productive and efficient. We help customers achieve their sustainability goals at every stage of their journey.

mining truck
mining truck

Transform How We Work

We win with our people by investing and empowering them to drive innovation and growth.

Through the use of technology, including AI, we are modernizing manufacturing and maximizing efficiencies.

two people using virtual reality
two people using virtual reality

Operational Excellence

We are dedicated to growing our business profitably while ensuring a focus on quality, expanding Lean methodologies, maintaining competitive costs, and increasing operational speed. 

By using our Operating & Execution (O&E) Model to guide our investments and ensure our customers come first, we are powering progress across industries and communities—today and for the future.

 


Lean

We pursue efficiency, simplicity and speed across design, manufacturing and support – reducing waste and delivering faster, smarter offerings.

 


Competitive and Flexible
Cost Structure
Disciplined cost management keeps us competitive while we invest in innovation and customer success. Built-in flexibility in our operations lets us adapt quickly to market shifts and deliver sustainable value.

 


Velocity

Our customer-back mindset empowers us to act with urgency, delivering products and services quickly.



 

 

Our Values in Action

Our Values drive everything we do. They guide our behaviors and build trust with our stakeholders.

  • Safety: Care. Learn. Prevent
  • Integrity: Do the Right Thing
  • Teamwork: Win Together
  • Excellence: Be the Best
  • Commitment: Own the Outcome
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Our Behaviors reflect the actions we take to execute our strategy in alignment with Our Values.

  • Customer-Back Mindset: From product centric to customer centric
  • Open and Direct Communication: Build trust and clarity
  • Act with Urgency: Respond promptly and prioritize action
  • Think Differently: Empower innovation and release the constraints of old ways of working
  • Accelerate Early Wins: Progress over perfection

See What Drives Us

Every day, we empower our customers with innovative products, services and digital solutions.

Our Purpose & Mission
wheel loader
wheel loader