Business StudiesNEB 2081

Mention the pitfalls of Planning.

1

Answer

Pitfalls of Planning

  • Rigidity: Over‑emphasis on fixed plans can make an organization inflexible to unexpected changes in the market or environment.
  • Time‑consuming: Excessive analysis and detailed documentation delay action, causing missed opportunities.
  • Unrealistic assumptions: Plans based on inaccurate data or optimistic forecasts lead to unattainable targets.
  • Resource misallocation: Over‑planning may divert resources from critical operational activities.
  • Lack of employee involvement: When staff are excluded, commitment falls and implementation suffers.
  • Over‑reliance on control: Excessive monitoring can stifle creativity and initiative.

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