What is planning??limitation of planning?

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Answer

Planning refers to thinking and deciding and advance about what is to be done how it is to be done when it is to be done by whom it is to be done.the limitations of planning are:-1.planning leads to rigidity. 2.Planning reduces creativity.3.planning may not work in a dynamic environment.4.planning may not guarantee to success.5.planning involves huge cost.6.planning is time consuming.7.lack of accuracy

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Planning is deciding in adv what is to be done ,how is to be done n who will do it....Limitations r Leads to rigidityDoes not guarantee success Overlapping of wasteful activityTym consuming processInvolves huge costsNot work in a dynamic envt.Hope this helps

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Planning is a set of mind which thinks in advance What to do, How to do and its create a bridge from where we are and where we want to be.

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Planning is deciding in advance what to do, how to do it, when to do it, and who is to do it Limitation of planning(1)  creates rigidity (2) Reduces creativity (3) Involves huge costs (4) Time consuming process (5) Planning does not guarantee success

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Planning is thinking in advance what is to be done when is to be done where is to be done and how is to be doneThere are few important of planning is..1planning provide direction2planning is reduce the risk of uncertaintyWhere as there are few limitations of planning are ...1. Time consumption2. Cost consumption etc

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Planning is deciding in adv. what to do, how to do, when to do,  by whom it is to be done...... Limitations of planning are.. time consuming..leads to rigidity..may not wrk in dynamic enviro. reduces creativity..involves huge cost..lack of accuracy..

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Planning is deciding in advance what to do how to do when to do where to do and by whom is to do it which means filling the gap between where we are ( present) and where we want to go ( future ) that is it is a future course of actionlimitations of planning - time consuming - costly affairs - rigid - reduces creativity- doesn't guarantee success- lack of accuracy

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Planning is deciding in advance what to do and how to do it.

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What is Planning?

Planning is a fundamental management function that involves setting objectives, determining the most effective course of action to achieve those objectives, and devising strategies to accomplish organizational goals. It is a systematic process of thinking, organizing, and deciding future activities.

Key Steps in Planning:

Planning involves several key steps that help organizations achieve their desired outcomes:

1. Establishing objectives: Clearly defining the goals and objectives that the organization aims to achieve in the future.

2. Identifying alternatives: Considering different options and courses of action that can be pursued to achieve the objectives.

3. Evaluating alternatives: Assessing the pros and cons of each alternative in terms of feasibility, cost, resources required, and potential risks.

4. Selecting the best alternative: Choosing the most suitable course of action based on the evaluation of alternatives.

5. Developing plans: Creating detailed plans that outline the specific tasks, timelines, resources, and responsibilities required to achieve the objectives.

6. Implementing plans: Executing the plans by allocating resources, assigning tasks, and monitoring progress towards the objectives.

7. Evaluating and controlling: Continuously monitoring and evaluating the progress of the plans, making necessary adjustments, and ensuring that the objectives are being achieved effectively.

Limitations of Planning:

While planning is crucial for effective management, it is important to recognize its limitations. Some of the key limitations of planning include:

1. Uncertainty: The future is unpredictable, and planning is based on assumptions and forecasts. Changes in the external environment or unforeseen events can render plans ineffective.

2. Time-consuming: Planning requires a significant amount of time and effort to gather information, analyze data, and develop detailed plans. This can be challenging in fast-paced and dynamic business environments.

3. Resistance to change: Employees may resist change associated with new plans, leading to resistance and difficulties in implementation.

4. Overemphasis on formal planning: Excessive focus on formal planning can result in rigidity and inflexibility, limiting the organization's ability to adapt to changing circumstances.

5. Costly: Planning can incur costs in terms of resources, personnel, and technology required for data collection, analysis, and plan development.

6. Lack of accuracy: Plans are based on assumptions and predictions, and they may not always accurately reflect future realities. This can lead to inefficiencies and deviations from planned objectives.

7. Plan duplication and overlap: In a complex organization, different departments or individuals may develop plans independently, resulting in duplication, overlap, and conflicting priorities.

Despite these limitations, effective planning remains essential for organizations to set direction, allocate resources, and achieve their objectives. By considering the limitations and continuously monitoring, evaluating, and adapting plans, organizations can overcome potential challenges and improve their planning processes.

Similar Commerce Doubts

Which of the following is a limitation of planning?

Can you explain the answer of this question below:Planning leads to rigidity? is a:A:Importance of PlanningB:Method of PlanningC:Limitation of planningD:Characteristics of planningThe answer is C.

Which one of the following is a limitation of planning?

Reliable communication limited scans the business environment and adapt itself to the changes in the environment, yet it becomes difficult to foresee the future trends. Which limitation of planning is related to the above statement?

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