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Amit Kumar Sharma, Lovely Professional University Unit 13: Management Development

Unit 13: Management Development Notes

CONTENTS
Objectives
Introduction
13.1 Management Development Concepts

13.1.1 Knowledge and Skill of the Manager
13.2 Need and Importance of Management Development
13.3 Training for Executive Level Management
13.3.1 Components of Training for Management Development Programme
13.3.2 Approaches of Management Development

13.3.3 Selection of Techniques
13.4 Development Planning Process
13.4.1 Management Development Process
13.5 Company Strategies for Providing Development
13.6 Summary
13.7 Keywords

13.8 Review Questions
13.9 Further Readings

Objectives

After studying this unit, you will be able to:

 Recognize the need and importance of management development
 Discuss the approaches for training executive level management
 Explain the development planning process
 Describe the company strategies for providing development

Introduction

The long development of human resources – as distinct from training for a specific job – is of
growing concern to personnel departments. Through the development of present employees,
the personnel department reduces the company’s dependence on hiring new workers.
If employees are developed properly, the job opening found through human resource planning
is more likely to be filled internally. Promotions and transfers also show employees that they
have a career, not just a job. The employer benefits from increased continuity in operations and
from employees who feel a greater commitment to the firm.

Human resource development is also an effective way to meet several challenges faced by most
large organizations. These challenges include employee obsolescence, socio-technical changes,
affirmative action, and employee turnover. By meeting these challenges, the personnel
department can help maintain an effective work force.

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