__________ occurs when strategic plans are formulated in a vacuum by top managers who have little understanding or appreciation of current operating realities.
A) Reasoning by analogy
B) Strategic fit
C) Planning under uncertainty
D) Ivory tower planning
E) Cognitive bias

Question

Quizplus · Accepted Answer

Ivory tower planning refers to the phenomenon of strategic plans being formulated in isolation from the realities of the operational environment. This can occur when top-level executives have limited understanding of how the organization operates on a day-to-day basis, leading to plans that are unrealistic or disconnected from the needs of the business.

__________ Occurs When Strategic Plans Are Formulated in a Vacuum