Management development: Difference between revisions

Revision as of 18:02, 6 November 2020

Revision as of 12:57, 9 January 2021

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== Purpose of management development ==

Managers are a critical part of the organization's decision-making process, therefore, management development is a crucial factor in improving their performance. The purpose of management development lies in a few essential elements to the organizations: motivate managers by guiding them to achieve their professional growth goals, develop the full potential of manager's talents, train managers' capacity to lead and optimize workforce efficiency, support manager's planning and execution skills, and improve organizational results by developing high-performance professionals. <ref>{{Cite web|last=|first=|date=|title=Management Development: Most Effective Techniques and Main Programs|url=https://totempool.com/blog/management-development/|url-status=live|archive-url=|archive-date=|access-date=2020-11-06|website=Totempool|language=en}}</ref>

== Action learning ==

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== Management development programme ==

Management development programmes<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|accessdateaccess-date=February 23, 2017}}</ref> (MDP) are conducted by big corporates and management institutes<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|accessdateaccess-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|accessdateaccess-date=August 20, 2020}}</ref> in order to enable current and prospective managers to develop an understanding of management concepts, practices, approaches and perspectives. The participants gain an immersive learning experience and are encouraged to provide insights on situational problems and are exposed to the views of other participants of their group. Through this process, they gain problem solving skills and analytical thinking ability.

== See also ==