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Essay text:
SMC must consider elements in developing the five-year plan such as technological advances, globalization, diversity, e-business and ethics.
The ultimate goal at SMC Corporation is continued growth. One aspect that will determine SMC's success is to predict what labor will look like over the next five years. By looking at the demographics of the Shaker Heights labor force along with the available work force of the surrounding area, a forecast of potential employees can be produced. SMC must look for new inventive ways for the current staff to increase productivity. These actions give SMC the ability to empower their employees to think on their own and present ideas that increase productivity without increasing headcount...
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