Why Firms Not Do Strategic Planning?

&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad1" id&equals;"quads-ad1" style&equals;"float&colon;left&semi;margin&colon;0px 0px 0px 0&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<p>6&period; Experienced Managers belong having self belief on their intuition will not go for the strategic planning because it may eliminate or challenge their decisions&period; Being overconfident or overestimating can bring demise&period;<&sol;p>&NewLine;<p>7&period; People are not motivated and willing for the strategic planning because of their bad experience in the past&period; However&comma; the reason of failure could be impractical&comma; cumbersome&comma; lengthy plans&period;<&sol;p>&NewLine;<p>8&period; If there are flaws in the existing system then the people getting benefits out of it will never go for strategic planning and always consider the new way of planning as a threat rather than opportunity&period;<&sol;p>&NewLine;<p>9&period; We might lose our jobs if the strategic planning will be implemented&period; Employees not trust management&period;<&sol;p>&NewLine;<p>10&period; An organization don’t has budget for strategic planning as they assume it as an expensive activitiy&period;&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad2" id&equals;"quads-ad2" style&equals;"float&colon;none&semi;margin&colon;0px 0 0px 0&semi;text-align&colon;center&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad3" id&equals;"quads-ad3" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;