CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
2
You visited us 2 times! Enjoying our articles? Unlock Full Access!
Question

If planning involves working out details for the future, why does it not ensure success?

Open in App
Solution

The success of an enterprise is possible only when the plans are properly made and then implemented. In order to achieve goals, plans need to be translated into action otherwise they become meaningless.

Managers usually rely on previously tried and tested successful plans and like to use them in every similar condition/ situation because of the view that the plan has worked before too. But, business environment is dynamic and rigid plan is not a guarantee of success.


flag
Suggest Corrections
thumbs-up
7
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Importance of Planning
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon