Management development: Difference between revisions

Revision as of 18:07, 1 October 2013

Revision as of 03:32, 12 October 2013

Line 3:

{{Citation style|date=March 2013}}

}}

'''Management development''' is best described as the process by which managers learn and improve their skills to benefit the individual as well as the employers.<ref name="Cannell.M" 2008">Cannell.M. [http://www.cipd.co.uk/subjects/lrnanddev/mmtdevelop/mngmntdevt.htm Management Development factsheet.] London. CIPD (November 2004 - rev 2008)</ref> In [[organisational development]] (OD), the effectiveness of [[management]] is recognised as one of the determinants of organisational success. Therefore, investment in management development can have a direct economic benefit to the organisation.

Managers are exposed to learning opportunities whilst doing their jobs; if this [[informal learning]] is used as a formal process, then it is regarded as management development.