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{{more citations needed|date=February 2017}}
'''Management development''' is the process by which managers learn and improve their management skills.<ref name="Cannell.M 2008">Cannell.M. [http://www.cipd.co.uk/subjects/lrnanddev/mmtdevelop/mngmntdevt.htm Management Development factsheet.] {{Webarchive|url=https://web.archive.org/web/20090922011133/http://www.cipd.co.uk/subjects/lrnanddev/mmtdevelop/mngmntdevt.htm |date=2009-09-22 }} London. CIPD (November 2004 - rev 2008)</ref> In [[organisational development]], management effectiveness is recognized as a determinant of organisational success. Therefore, investment in management development can have a direct economic benefit to the organisation.
==
In the 1940s, Professor [[Reginald Revans]] coined the term [[action learning]] to describe an educational model whereby the managers study their own actions and experiences in order to improve performance. Action-learning based management development model can be seen today in many leadership and organization development initiatives. <ref>{{cite web|url=https://www.iim-edu.org/thinktank/papers/ceo/executive-action-learning.htm |title= Action-Learning Based Management Development - International Institute of Management Training}}</ref>. Many management qualifications now have an [[action learning]] element. Action learning asserts that individuals learn best from hands-on experience.
In [[organisational development]], management effectiveness is recognized as a determinant of organisational success. Therefore, investment in management development can have a direct economic benefit to the organisation. In 2004, the money spent per year per manager on management and leadership development was £1,035, an average of 6.3 days per manager.<ref>Chartered Management Institute</ref>▼
One of the biggest growth areas in UK education since the early 1980s has been the growth of university-level management education.{{citation needed|date=February 2017}} In addition to weekly part-time attendance at college/university, many students employ [[distance learning]]. The number of UK [[business
* [[Dysfunction analysis]]▼
▲In
== Approaches ==
* [[Mentoring]]
* [[Coaching]]
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* [[Professional development]]
* [[Business workflow analysis]]
*
* [[Executive education]]
* Supervisory [[training]]
== Purpose
Managers are an integral part of the decision-making processes of organizations.<ref>{{cite web |url= http://www.hup.harvard.edu/catalog.php?isbn=9780674328037 |title= The Functions of the Executive: 30th Anniversary Edition| publisher = Harvard University Press|access-date= May 6, 2012}}</ref> Therefore, management development is a crucial factor in improving their performance. A management development program may help reduce employee turnover, improve employee satisfaction, better able a company to track manager performance,<ref>{{cite journal |last1=Choi |first1=Youngsoo |last2=Dickson |first2=Duncan R. |title=A Case Study into the Benefits of Management Training Programs: Impacts on Hotel Employee Turnover and Satisfaction Level |journal=Journal of Human Resources in Hospitality & Tourism |date=8 December 2009 |volume=9 |issue=1 |pages=103–116 |doi=10.1080/15332840903336499|s2cid=154859131 }}</ref> improve managers' people management skills, improve management productivity and morale, and prepare managers for technological change.<ref>{{cite book |last1=Hu |first1=Deyu |title=Proceedings of the 2017 ACM SIGUCCS Annual Conference |chapter=Building an In-house Leadership and Management Development Program |date=October 2017 |pages=15–18 |doi=10.1145/3123458.3123484|isbn=9781450349192 |s2cid=24784339 }}</ref>
== Coaching ==
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Coaching is a teaching, training or development process in which an individual is supported while achieving a specific personal or professional result or goal. Coaching is an effective learning tool that affects the bottom line and productivity, as well as intangible benefits. It aids in the improvement of individual performance, tackles underperformance, and aids in the identification of personal learning needs.
==
A study of oil-industry middle-management in Iran
▲One of the biggest growth areas in UK education since the early 1980s has been the growth of university-level management education.{{citation needed|date=February 2017}} In addition to weekly part-time attendance at college/university, many students employ [[distance learning]]. The number of UK business schools grew from two in the early 1970s, to over one hundred providers.
▲A study of oil-industry middle-management in Iran suggests advantages in selecting middle managers on the basis of [[Self-reliance (disambiguation) | self-reliance]], [[self-efficiency]], building [[Trust (social science) | trust]], and [[legal attitude]].<ref>
{{cite journal
| author1 = Alborz Maghtader Mansouri
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</ref>
== Programmes ==
Large corporates and management institutes conduct management-development programmes in order to enable current and prospective managers to develop an understanding of [[management concept]]s, practices, approaches, and perspectives.<ref name="Management Development Programmes">{{Cite web|url= https://www.gse.harvard.edu/ppe/program/management-development-program-mdp|title= Management Development Program (MDP)|publisher= www.gse.harvard.edu|access-date= February 23, 2017|archive-date= July 5, 2023|archive-url= https://web.archive.org/web/20230705231417/https://www.gse.harvard.edu/ppe/program/management-development-program-mdp|url-status= dead}}</ref> (MDP)<ref name="MDPs">{{Cite web|url= http://indiatoday.intoday.in/education/story/iim-a-mdps/1/366139.html|title= IIM Ahmedabad: 11 new Management Development Programmes|publisher= indiatoday.intoday.in|access-date= February 23, 2017}}</ref><ref name="MDP">{{Cite web|url= https://www.unisa.ac.za/sites/sbl/default/Programmes/Short-learning-programmes/Management-Development-Programme-(MDP)|title= Management Development Programme (MDP)|publisher= www.unisa.ac.za|access-date= August 20, 2020}}</ref>
The participants receive an immersive learning experience, are encouraged to provide insights on situational problems, and are exposed to the views of other participants in their group. Through this process, they gain [[problem solving | problem-solving]] skills and [[Analytic reasoning | analytical-thinking]] abilities. == See also ==
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