Final answer:
Managers do not need to be very formal in strategic planning because formality can actually hinder flexibility and creativity.
Step-by-step explanation:
Formality fosters flexibility and creativity in strategic planning. False. Managers do not need to be very formal in strategic planning because formality can actually hinder flexibility and creativity. In strategic planning, it is important to have a balance between structure and flexibility, allowing for the exploration of different ideas and the ability to adapt to changing circumstances. By being too formal, managers may limit innovative thinking and miss out on valuable opportunities.