Honda was founded in 1948 by Soichiro Honda and Takeo Fujisawa. Honda's management focuses on planning, organizing, leading and controlling to accomplish goals efficiently. Honda establishes goals like supplying high-quality, reasonably priced products and reducing emissions. It analyzes strengths, weaknesses, opportunities and threats. Honda formulates strategies, implements them, and evaluates results annually. Motivating employees is also important, and Honda creates a trusting environment where workers can learn and develop. Honda manages operations efficiently using technology and focuses on customer service. Currently, Honda is producing more environmentally friendly vehicles and donating to relief efforts in Haiti.