Management development is the management improve, efficiency and skills function. Management development requires to achieve an organizational success. The effective management to the advantage of both individuals and organizations performance. So therefore, management development can have a direct economic advantage for the firms.
Definition
According to Robbins, “Management development is more future- oriented, and more concerned with education, than is employee training or assisting a person to became a better performer.”
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According to Skinner, “Management development refers to the process of educating and developing selected personnel, so that they have the knowledge, skills, attitudes, and understanding needed to manage in future positions.”
According to Weihrich , “Manager development refers to long term, future –oriented programs and the progress a person makes in learning how to manage.”
Importance of management development
- To achieve objective
- Adaption with changes
- Introduce new method
- Develop efficiency
- Versatility
- Attain job satisfaction
- Proper utilization of resources
- Research and development
- Develop talented executive
- Establish cordial labor management relationship
- Obsolescence management
Process of management development program
- Analysis of organization frame-work and objectives
- Develop program planning
- Analysis of current management resources inventory
- Determination of individual development needs
- Making the main development program
- Appraisal of individual progress
- Comparative analysis of program
- Final evaluation of program
Method of management development
On the job developing method
- Under study method
- Action learning project
- Job rotation
- Coaching method
- Committee assignments
- Appointment as an assistant
- Selected readings
Off the job development methods
- Transactional analysis
- Special course
- Special project
- Special meeting
- Lecture
- University courses
- Business tour
- Seminar, workshop and conference
Skill requires for manager development
- Human relation skill
- Technical skill
- Organizational skill
- Diagnostic or decision skill
- Communication skill
- Information communication technology skill
- Analytical skill
- General knowledge
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