Why is it said that organisations are not always able to accomplish their objectives?
Why is it said that organisations are not always able to accomplish their objectives?
Organisations are not always able to accomplish their objective. Although planning is important tool of management, yet it is not remedy for all types of problems. The limitation of planning are.
(i) Planning involves huge cost: It usually involves a lot of time, effort and cost of the managers. Collection of data, boar droom meetings, investigations and discussions with experts involve a lot of expenditure of the organisation. Sometimes, the cost incurred may not justify the benefit derived from the plans.
(ii) Planning is a time-consuming process: Sometimes, the plans to be drawn up take so much of time that there is not much time left for their implementation. This leads to failure of planning.
(iii) Planning does not guarantee success: Success of planning rests on its implementation. Lack of proper implementatio n may lead to failure of planning. Even if a plan has worked earlier, it may not work again, due to changes in the external environment.
(iv) Unforeseen events: Natural calamities like floods, earthquakes, etc, are beyond the control of managers, that cause failure of plans.
(v) Political outlook : Political outlook towards industries and their intervention also affects the company's plans.
Organisations are not always able to accomplish their objective. Although planning is important tool of management, yet it is not remedy for all types of problems. The limitation of planning are.
(i) Planning involves huge cost: It usually involves a lot of time, effort and cost of the managers. Collection of data, boar droom meetings, investigations and discussions with experts involve a lot of expenditure of the organisation. Sometimes, the cost incurred may not justify the benefit derived from the plans.
(ii) Planning is a time-consuming process: Sometimes, the plans to be drawn up take so much of time that there is not much time left for their implementation. This leads to failure of planning.
(iii) Planning does not guarantee success: Success of planning rests on its implementation. Lack of proper implementatio n may lead to failure of planning. Even if a plan has worked earlier, it may not work again, due to changes in the external environment.
(iv) Unforeseen events: Natural calamities like floods, earthquakes, etc, are beyond the control of managers, that cause failure of plans.
(v) Political outlook : Political outlook towards industries and their intervention also affects the company's plans.
