In this chapter, we talked about how firms do strategic, functional, and operational planning. Yet some firms seem to be successful without formal planning. Do you think planning is essential to a firm's success? How might planning hurt an organization? Under what cir- cumstances do you believe that formal planning is and is not important to an organization?

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter17: Organizational Planning And Controlling
Section17.5: Formal Organizational Planning In Practice
Problem 3CC: Which people in the organization should be involved in planning, and what are their roles?
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In this chapter, we talked about how firms do strategic,
functional, and operational planning. Yet some firms
seem to be successful without formal planning. Do
you think planning is essential to a firm's success? How
might planning hurt an organization? Under what cir-
cumstances do you believe that formal planning is and
is not important to an organization?
Transcribed Image Text:In this chapter, we talked about how firms do strategic, functional, and operational planning. Yet some firms seem to be successful without formal planning. Do you think planning is essential to a firm's success? How might planning hurt an organization? Under what cir- cumstances do you believe that formal planning is and is not important to an organization?
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