Identify the Six Main Criticisms of Formal Planning

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The Answer is One of the main arguments directed at formal planning is that it may create rigidity and lock an organization into specific goals to be achieved within specific timetables. Second, some argue that plans cannot be developed for a dynamic environment. Third, formal planning efforts typically involve a thorough investigation of the organization's capabilities and opportunities and a mechanical analysis that reduces the vision to some type of programmed routine. That approach can spell disaster for an organization. Fourth, formal planning has a tendency to focus on how to capitalize on existing business opportunities within an industry. It often does not allow managers to consider creating or reinventing an industry. Fifth, formal planning reinforces success, which may lead to failure. Finally, planning is not enough; at some point managers must begin doing.

Identify the Six Main Criticisms of Formal Planning

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