Limitations of planning are:
(i) Leads to rigidity - Planning leads to rigidity because once a well defined plan is drawn, the manager may not be in a position to change it with the changed circumstances.
(ii) May not work in dynamic environment - Planning may not work in the dynamic environment as the environment in which business operates keep on changing and planning may not foresee everything.
(iii) Involve huge cost- Huge costs are induced in formatting the plan and sometimes incorrect cost may not justify the benefit derived from plan.