A study by K.A. Ringbakk determined that plans fail when:
- Corporate Planning is not integrated into the total management system.
- There is a lack of understanding of the different steps of the planning process.
- Management at different levels in the organization has not properly engaged in or contributed to planning activities.
- Responsibility for planning is wrongly vested solely in the planning department.
- Management expects that plans developed will be realized with little effort.
- In starting formal planning, too much is attempted at once.
- Management fails to operate by the plan.
- Financial projections are confused with planning.
- Inadequate inputs are used in planning.
- Management fails to grasp the overall planning process.
For support in planning and converting your plans in to reality, you may contact: