Business StudiesNEB 2081
Mention the pitfalls of Planning.
1Answer
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.
Discussion
Loading…