Describe the challenges faced by managers to sustain the planning function domestically?
Papua new Guinea context
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Mar 19
1. Changing market conditions: Managers must constantly adapt their plans to changing market conditions, such as shifts in consumer preferences, technological advancements, and competitive pressures.
2. Resource constraints: Managers often face limitations in terms of budget, manpower, and other resources, which can make it difficult to sustain the planning function effectively.
3. Resistance to change: Employees and other stakeholders may resist changes to existing plans, making it challenging for managers to implement new strategies and initiatives.
4. Lack of alignment: Ensuring that all departments and employees are aligned with the organization's overall goals and objectives can be a challenge, as different teams may have conflicting priorities.
5. Uncertainty and volatility: In today's fast-paced business environment, managers must navigate uncertainty and volatility, which can make long-term planning difficult.
6. Regulatory compliance: Managers must ensure that their plans comply with relevant laws and regulations, which can add complexity and constraints to the planning process.
7. Communication and coordination: Effective planning requires clear communication and coordination among different departments and stakeholders, which can be challenging to sustain over time.