MANAGEMENTMANAGEMENTDEVELOPMENTDEVELOPMENT

Management Development

Management development is a systematic process of growth and development by which the managers develop their ability to manage.

Management Development Programme (MDP)

Education + training = Development

A systematic process of growth and development by which the managers develop their abilities to manage.

It is mainly concerned with improving the performance of managers by giving them opportunities for growth and development

The role of the organization or company is to establish the programme & development opportunities for its present and potential managers

OBJECTIVES OF MDP Stimulate creative thinking Identification of managers with required potential

and prepare them for potential responsibilities Management Succession To give the specialists an overall view of the

functions of an organization. To keep the executives abreast with latest

Management Thoughts

Objective of Management Development

To overhaul the management machinery To improve the performance of manager To increase the versatility of management

group To improve thought process and analytical

ability To broaden outlook of executives regarding

his role and responsibility

To understand conceptual issue To increase morale To understand the problem of human

relation and improve human relations skill To improve thought process and analytical

ability

Need for MDP

Managers with Technical educational background need to sharpen their managerial skills.

Human Resource Development of the managers in multiple areas need MDPs

Emergence of new concepts in management like Quality Circles, TQM,ERP,BPR Empowerment etc necessitates the need for above

Changes in the Organization Structures and Strategies

To avoid Managerial level obsolescence

Essential Ingredients for Management Development

Analysis of organisational present and development need

Appraisal of present management talent Inventory of management manpower Planning of individual development Establishment of development programme Evaluation of programme

Basic requisites for success of management development

Top management should accept the responsibility and initiate and implement MD

Every manager must accept the direct responsibility for developing officer under his control on the job

MD must be geared to need of the company and individual

The policy of promotion from within is necessary incentive for managers to develop the organization

The selection of right people for MD. The realistic time table in accordance with the company’s

need

Principle of Management

Development Management should assess the needs of its

managers at different levels Integration of career planning & development of

the organization with the MDP It is a continuous process It could be organized in house and externally by

making use of outside agencies like IIMs, XLRI etc

The content of the programme should be need based for the individual manager and the organization

EVALUATION OF MDP

Whether objectives of programme met or not The evaluation of the MDP should be done by some

senior person in the organization The evaluation official must be clear about goals and

objectives of evaluation Continuous and specific Areas of evaluation include managerial

skills,knowledge,technical skills, and knowledge Evaluation may be conducted on training methods

used Evaluated area may depend on content of each MDP