Managing Styles

During a professional retreat a few years ago I jokingly gave each attendee a magic 8 ball.  The idea behind the gift was that no one can predict the future and strategic planning is often seen as if one is attempting to get answers from a magic 8 ball.  So many managers out there seem to direct their company’s activities as if they are relying totally on a magic 8 ball.  Do you work for a boss who has this style of management?  What are some key behaviors?