Limitations of Planning

Despite of many advantages of planning there may be some obstacles and limitations in this process. The follow are some of the planning.
1. Lack of Reliable data: Planning is based on various facts and figures supplied to the planners, which are difficult to procure absence of accurate data will upset the plan.
2. Expensive: Planning is an expensive process. The gathering of information and testing of various courses of action, setting up the planning machinery, require huge amount of money. Small companies can not afford to prepare plans.
3. Time consuming exercise: As planning involves a number of steps, a lot of time has to be devoted to plan before actual operations start.
4. Lack of workers initiatives: Under planning exercise worker has to act mechanically. It robs him of his interest in the work.
5. External factors may reduce utility: Besides internal factors, there are external factors is which adversely affect planning. These factors may be economic, social, political, technological or legal.
6. Psychological Hurdle: Human psychology also to an extent, places some hurdles in the success of planning. There is a certain degree of conservation in people which implies resistance to change.
7. Sudden emergencies: In case certain emergencies arise then the need of the hour is quick action and not advance planning. There situations may not be anticipated.

Posted in: Planning,Principles of Management