WHAT ARE THE PITFALLS IN STRATEGIC PLANNING THAT MANAGEMENT IN AN...

127) What are the pitfalls in strategic planning that management in an organization should watch out for or avoid? Identify any five pitfalls.Answer: There are 13 pitfalls. Students should list any five of the following: 1) using strategic planning to gain control over decisions and resources; 2) doing strategic planning only to satisfy accreditation or regulatory requirements; 3) too hastily moving from mission development to strategy formulation; 4) failing to communicate the plan to employees, who continue to work in the dark; 5) top managers making many intuitive decisions that conflict with the formal plan; 6) top managers not actively supporting the strategic-planning process; 7) failing to use plans as a standard for measuring performance; 8) delegating planning to a "planner" rather than involving all managers; 9) failing to involve key employees in all phases of planning; 10) failing to create acollaborative climate supportive of change; 11) viewing planning to be unnecessary or unimportant; 12) becoming so engrossed in current problems that insufficient or no planning is done; and 13) being so formal in planning that flexibility and creativity are stifled.Diff: 2 Page Ref: 17Objective: 1.05 Describe the benefits of good strategic management.Learning Outcome: Define strategic management and identify its basic concepts