Limitations of planning function of management are as follows:
(i) Leads to rigidity: Planning can create rigidity for the business during some changes in circumstances, requiring quick decisions that may go against the set rules and procedures of a business.
(ii) Time Consuming: Planning is a timeconsuming process involving a significant amount of time and effort to collect and analyse information, find relevant alternatives and ideas along with allocating relevant resources for the business.
(iii) May not work in a dynamic environment: Natural calamities like floods, famines and earthquakes are beyond the control of managers which can significantly disturb existing plans and the overall planning process.