The logical explanation behind it is lack of understanding of the important factors that may cause modifications in the planning systems itself. Normally, managers are given a standard strategic planning “package” and are asked to implement it.
What will be the impact to a company if the strategist of that company forget to plan or to be precise do what we call a strategic planning? Perhaps they think that planning is not important in running their business? Among the reasons for poor or no strategic planning are as follows2:-
- poor reward structures
- fire fighting
- waste of time
- too expensive
- laziness
- content with success
- fear of failure
- overconfidence
- prior bad experience
- self-interest
- fear of unknown
- honest difference of opinion
- suspicion
AN ART?
For some people planning is an art... displayed 300 characters
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Others will just follow through as it is one of the process to get things done. Planning or strategic planning is an art. Not many people have this talent. There are certain guildelines need to be followed to get whatever we have plan. The guidelines that need to be followed are3:-
Guideline A : Give adequate attention to all dimensions of strategic planning (rational, political and educational)
Guideline B : Balance specialized and fragmented planning inputs with overall qualitative analysis and judgments
Guideline C : Integrate strategic planning with complementary organizational systems
Guideline D : Maintain and upgrade the strategic planning
The above guidelines serves as a guideline to any company to follow but they are not meant to be followed blindly... displayed 300 characters
