Why Strategic Planning fail
Reasons Why Strategic Planning ಫೈಲ್ಸ್
Failure to understand the customer
Why do they ಬಿ
Is there a real need for the product
Inadequate or incorrect marketing research
Inability to predict environmental reaction
What will competitors do
Fighting brands Price wars
Will government intervene
Over-estimation of resource competence
Can the staff, equipment, and processes handle the new strategy
Failure to develop new employee and management skills Failure to coordinate Reporting and control relationships not adequate Organizational structure not flexible enough Failure to obtain senior management commitment Failure to get management involved right from the start Failure to obtain sufficient company resources to accomplish taskFailure to obtain employee commitment New strategy not well explained to employees No incentives given to workers to embrace the new strategy Under-estimation of time requirements No critical path analysis done Failure to follow the plan No follow through after initial planning No tracking of progress against plan No consequences for above Failure to manage change Inadequate understanding of the internal resistance to change Lack of vision on the relationships between processes, technology and organization Poor communications Insufficient information sharing among stakeholders Exclusion of stakeholders and delegates Failure to focus Inability or unwillingness to make choices which are true to the strategic mission (i.e. to do fewer things, better), leads to mediocrity, inability to compete
