Question

State any three limitations of planning

State any three limitations of planning function of management

State any five limitations of Planning function of management

Describe any five limitations of planning

State any five limitations of planning

State any four limitations of planning. 

Answer 1

Following are some of the limitations of planning which may result in the abandoning or reconsidering the organisational objectives:

1. Rigidness: In case of any unforeseen conditions, the changes which can be made to a plan are limited. A major change to the already created plan is neither possible nor would do any good in the interest of an organisation. This rigid nature of a plan creates hurdles at times of unforeseen changes. The managers may, sometimes, require a certain degree of flexibility so as to cope with the changes in an appropriate manner. Rigidity in plans sometimes causes huge loses to the organisation creates obstacles to the completion of the objectives.
2. Unfavourable for a dynamic environment: Nothing is constant in a business environment; it is dynamic in nature. Planning, on the other hand, completely depends on the anticipation of future happenings. As a result, both do not go hand in hand. Planning cannot foresee such sudden changes in the business and fails of uncertainties. This may lead to failure in the accomplishment of objectives. An organisation must adapt its functioning to the changing environment; a long-term planning will make this dynamic environment less effective.
3. Gigantic costs: Planning involves analysis, research and scientific calculations which requires huge cost and time. As planning is based on future predictions, it requires a lot of thinking and analysing. It involves scientific calculations along with the figures and the facts, which are to be used in formulating the course of action. Companies, thus, need to hire professionals who would formulate plans. This involves high costs. Moreover, sometimes, it might also happen that the benefits derived from planning fall short of the costs incurred.
4. False security: A good planning does not guarantee success. The probability of attaining success once the plans have been put into action is odd. Often, managers rely on previously tried and tested successful plans. However, the business environment is dynamic in nature, and a pretested plan may or may not work in the future. Managers tend to overthink that planning can prevent problems from occurring. However, they neglect the fact that planning just provides a base for predicting the future and does not give straight away solutions to the problems.
5. Time-consuming: Formulating a plan involves analysis, research and scientific calculations which consumes too much of time. It is a boon while facing a definite situation. However, the sudden unforeseen situation cannot be tackled; there is no short-term planning procedure. The time taken to formulate a complete plan may cause a delay in the decision-making process.
6. Change Resistance: Organizational stakeholders may resist proposed changes due to fear of the unknown, job security concerns, or disagreement with recommended strategies. Overcoming this resistance may require additional effort to ensure successful plan execution.
7. Planning is overemphasized: Plan-focused businesses may experience analysis paralysis or bureaucracy. Excessive planning without execution and adaptability can result in missed opportunities, inefficiencies, and inability to shift quickly.