What is management development? To put it simply, it is the developmental process of managers. It has been seen quite often that companies promote people on the basis of their performance in their last role. These newly promoted managers are then expected to deliver the same results in their new role but without going through any kind of orientation. More often than not, they fall flat on their face. The result is loss of productivity for the organization and loss of face for the newly promoted manager. What companies fail to understand is that doing one's own work is one thing and managing others is a complete different aspect of work. A formal management development program is a must for management development of the new managers.
What does management development include? What do people learn in a management development program? Companies that invest in these programs empower their employees to learn things like people skills, interpersonal skills, leadership styles, personal and leadership communication, innovation and delegation, coaching and time management and very importantly, stress management. Managing others is not about barking orders. It is a complex process that involves a lot of human relations skills. And this is what is taught in management development programmes.
There are companies that have their in house trainers who take others through a formal management training program on management development. However, the trend today is to hire a professional management education vendor. There are plenty of such organizations in the country. Some companies even hire famed business schools like Harvard to send their representatives to conduct a management development program for the employees of the organization. While the latter option is definitely more expensive, the credibility of the program is much higher. Any employee would love to go through a program conducted by someone from Harvard.
Management development is not applicable for new managers only. Even those who have been in the role for a while need to go through a management development program. There are constant updates, new theories and applications in management that managers need to be aware of. All this can only be delivered through a management development program.
If you are looking for manager development of your employees, you have plenty of options available in terms of a formal management development program. Get your research done and have the program conducted without delay. You will be doing great service not only to your employee but for yourself as well.
Are you looking at management development of your employees? Invest in a management development program and have their productivity and people skills enhanced to a new degree.