coca cola
Planning defines where the organisation wants to be in the future and how to get there. Planning means defining goals for future organisational performance and deciding on the tasks and use of resources needed to attain them. At Komatsu, Japan’s leading manufacturer of construction equipment and heavy machinery, president Satoru Anzaki announced a long-range plan called ‘G’2000, which includes moving the company into high-tech initiatives such as lasers and 3D software, as well as pursuing more traditional goals such as advances in heavy machinery and finding more environmentally friendly technologies. Effective managers and staff make contingency plans by trying to imagine scenarios that many occur and being prepared for them.