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Question:

Discuss the limitations of planning and how they can be overcome.

Answer:

Planning, despite its advantages, has several limitations:

  1. Rigidity: Plans can restrict flexibility. This can be mitigated by allowing room for adjustments in response to changing conditions.
  2. Uncertainty: Plans are based on forecasts, which may not always be accurate. Managers should develop contingency plans to address unexpected situations.
  3. Time-consuming: Planning can be a lengthy process that delays action. To avoid this, organizations should streamline the planning process and ensure timely decision-making.
  4. Costly: Planning often involves considerable financial and time investments. To manage this, organizations should balance the cost of planning with the potential benefits it offers.


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  • Answered by Ekta Mehta
  • 4 months ago

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