HR Definitions
Management Development
What is Management Development?
Management Development is a primary focus for many organisations. It is the expansion of the Manager's competence, to be able to adapt to a wide range of Managerial situations, thereby increasing their utility to the organisation.
Management includes the range of decisions and actions directed at optimising the use of an organisation's resources towards the achievement of the purpose of the organisation.
It logically follows that good management will impact the efficiency, effectiveness, and ultimate successful achievement of the organisation's objectives.
Investment in Management Development should therefore yield a high return on investment and be high on the priority list for most organisations.
Managers may be developed through a combination of:
- Their own experience
- Formal Management programs delivered by a tertiary institution, such as MBA
- Measurement of their performance and effective feedback
- Attendance at seminars on a variety of topics
- Participation in management development programs conducted internally
- Reading the vast array of publications on Management Practice
- Researching various aspects of Management
- Secondment to jobs with diverse disciplines, either within the organisation or in other organisations.
HRworkbench provides management assessment tools to identify areas of the Manager's performance that require development.
This measurement is vital to ensure that the Manager becomes aware of their own performance and can make the decision to engage in development processes.
How can Management Development be used?
Management development should be a part of the performance management contract with all Managers in the workplace.
Best Practice for Management Development
The individual Manager should take personal responsibility for their own development, and this should be fully supported by the organisation.
Related Definitions
To discuss Best Practice in Management Development in more detail
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