Why do people in general and business managers in particular need to plan ahead? What are the side effects of not planning?

Why do people in general and business managers in particular need to plan ahead? What are the side effects of not planning? I. Introduction No one wants to think about a time when you have to face with difficulties. So planning ahead for this possibility often gets put off. Your options are often limited by lack of information. Therefore, planning ahead allows you to have more control over your future.