Categories: Strategy

Why Firms Not Do Strategic Planning?

6. Experienced Managers belong having self belief on their intuition will not go for the strategic planning because it may eliminate or challenge their decisions. Being overconfident or overestimating can bring demise.

7. People are not motivated and willing for the strategic planning because of their bad experience in the past. However, the reason of failure could be impractical, cumbersome, lengthy plans.

8. 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.

9. We might lose our jobs if the strategic planning will be implemented. Employees not trust management.

10. An organization don’t has budget for strategic planning as they assume it as an expensive activitiy.

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