Management development
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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.[1] 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.
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.[2]
Approaches to management development
- Dysfunction analysis
- Mentoring
- Coaching
- Job rotation
- Professional development
- Business workflow analysis
- Upward feedback
- Executive education
- Supervisory training
Action learning
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.[1]
Coaching
Coaching, is a teaching, training or development process via which an individual is supported while achieving a specific personal or professional result or goal. Coaching is an effective learning tool that has an impact on the bottom line and productivity, as well as intangible benefits. It aids in the improvement of individual performance, tackles underperformance, and aids in the identification of personal learning needs.
Management education
One of the biggest growth areas in UK education since the early 1980's has been the growth of university-level management education. In addition to weekly part-time attendance at college/university, many students are also undertaking distance learning. Whereas there were only two business schools in the early 1970s, there are now over a hundred providers offering undergraduate, postgraduate and professional courses.
References
- ^ a b Cannell.M. Management Development factsheet. London. CIPD (November 2004 - rev 2008)
- ^ Chartered Management Institute
See also
- Chartered Institute of Personnel and Development
- Chartered Management Institute
- Institute of Leadership & Management
- Leadership development
- Training & Development
