How does planning restrict creativity ?

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Director, Information Security in Education, 1,001 - 5,000 employees
I don’t think it inherently does, unless the planning is done by a micromanager or otherwise deemphasizes the input of the people doing the work.

Ideally, the goal of planning would be identifying requirements and deadlines plus determining what approach works best for the teams/individuals whose work is being planned out.
VP of IT in Media, 10,001+ employees
It can unconsciously lock you in to a certain approach that may be limited
Director of IT in Software, 201 - 500 employees
It depends on the level of granularity in the planning process.  Have you defined phases and high-level activities or you are doing deep dive where every single action/task is strictly defined? If it's the former then the creativity should not be impacted, if the latter then you are containing it to a predictable outcome and it can be affected significantly.

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CTO in Software, 201 - 500 employees
Without a doubt - Technical Debt! It's a ball and chain that creates an ever increasing drag on any organization, stifles innovation, and prevents transformation.
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