Management development: Difference between revisions

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'''Management development''' is best described as the process by which managers learn and improve their management 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.

==Background==

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.

In [[organisational development]] (OD), the effectiveness of [[management]] 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>

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>

==Approaches to management development==

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==Action Learning==

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

Many management qualifications now have an [[action learning]] element. Action learning recognises that individuals learn best from hands-on experience rather than traditional instruction so the process is structured to be interactive. Action learning sets allow individuals to try out different approaches to solving issues and problems.<ref name="Cannell.M" 2008"/>

Many management qualifications now have an [[action learning]] element. Action learning recognises that individuals learn best from hands-on experience rather than traditional instruction so the process is structured to be interactive. Action learning sets allow individuals to try out different approaches to solving issues and problems.<ref name="Cannell.M" 2008"/>

==Coaching==