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Definition of Management Development Assignment Help

Assignment Help: >> Developing Managers - Definition of Management Development

Definition

Executive or management development is a systematic, planned and constant process of learning and development by which managers build up their conceptual and analytical abilities to manage. It is the outcome of not only participation in formal courses of instruction but also of real job experience. It is chiefly concerned with developing the performance of managers by giving them stimulating chance for development and growth.

Box: Features of Executive Development

 

  • It is a planned effort to develop executives' ability to handle a variety of assignments
  • It is not a one-shot deal, but a constant, ongoing activity
  • It aims at improving the overall personality of an executive
  • It aims at meeting future requirement unlike training, which seeks to meet present needs
  • It is a long term procedure, as managers take time to obtain and improve their capabilities
  • It is proactive in nature as it target attention on the present plus future requirements of both the organisation and the individual
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