Benefits,Limitations, Pitfalls and Challenges Essay

Benefits,Limitations, Pitfalls and Challenges - Essay Exampleore, through strategic planning, the organization is able to place the influence of changes in the environment on the organization and their directions. In addition, strategic planning creates awareness of potentials, strengths, weaknesses, opportunities and threats in the organization.Other benefits include provision of necessary schooling to support decision-making and enhancement of the growth process. In fact, through a strategic plan, poor performing are identified in order to improve the venue of control concerning operational problems. It also facilitates development of effective communication within and outside the organization (Taylor, 1984). Lastly, it offers a roadmap that indicates the directions for the company to follow and explains the way to achieve miscellaneous objectives through development of substantial coordination.On the other hand, there are challenges experienced in the process of strategic plan ning such as ensuring the committedness of top-level management. This is due to the nature of strategic planning, whereby it contributes to reduction of executive decision-making power. Moreover, it facilitates involvement in the organization thereby empowering people to engage in decision-making (Hax & Majluf, 1996). Consequently, this can result to decision-making piece from the executive to the employees and stakeholders. Therefore, strategic planning can lead to impediment of changes and discourage disruptive considerations by the organization. On the other hand, it discourages creativity and innovation given that it fails to detainment these