Management Development - Career Management and Development, Human Resource Management | Human Resource Management - B Com PDF Download

Management Development
Management’s development is a systematic process of growth and development by which the managers develop their abilities to manage. So, it is the result of not only participation in formal courses of instruction but also of actual job experience. it is concerned with the improving the performance of the managers by giving them opportunities for growth and development, which in turn depends on organization structure of the company.

ROLE OF THE ORGANIZATION
''The role of the company in management development is to establish the program and the development opportunities for its present and potential".

"Executive development is eventually something that the executive has to attain himself. But he will do this much better if he is given encouragement, guidance and opportunities by his company.

Who is the Manager and What does he do?
The word manager has been used to mean people of different levels of hierarchy. To some, the term means only the top man at the top rung of the corporate ladder. To other, a manager is any person who supervises others. But in fact to be called a manager, one sciperform all or some of the basic functions of management to some degree regularly or occasionally can be called managers. Needless to say, that their actions have significant impact on the performance of the part or whole of the organization. So a scientific who keeps himself to the laboratory is as much a manager as s foreman who supervises a group of workers. Even a worker may be considered a potential manager for the purpose of management development, one of the objectives of which is to create management succession.
 

Knowledge and Skills of the Manager
Though the composition of the skill is the same for all managers at all levels, their contents proportion differs depending on the level at which a manager is and also the nature of the work he does, a fore man requires more technical skills and human skills. He must be able to teach his men the technical aspects of the products and processes. He must also be good at human relations in order to motivate, co-ordinate and direct his subordinates.

Technical skills are less important whereas the conceptual skills are especially important at the top level. Human skills are important at all levels. It should also be remembered that at the same level, skills required of a production executive differ from that of marketing executive.

Objectives of Management Development
The management development programs are organized with a view to achieving specific objectives, they are;

1. To overhaul the management machinery.

2. To improve the performance of the managers.

3. To give the specialist on overall view of the functions of an organization and equip them to co-ordinate each other’s effort.

4. To identify person’s with the required potential and prepare them for senior position.

5. To increase morale of the morale of the members of the organization management.

6. To increase versatility of the management group.

7. To keep the executives breast with the changes and development in their respective field.

8. To create the management succession that can take over in case of contingencies.

9. To improve thought process and analytical ability.

10. To broaden the outlook of the executives regarding his role position and responsibilities.

11. To understand the conceptual issues relating to economics, social and technical issues.

12. To understand the problems of human relation and improve human relations skills and stimulate creative thinking.

Achievement stated above is very difficult as some factors inhibit the management development process.

Need for Management Development Programs

1. Techno-management like basic chemical engineers, mechanical engineers, information system engineers need to be developed in the areas of managerial skills, knowledge and abilities.

2. Efficient functioning of public utilities, transport, communications etc, depends on professionalization of management in the sectors.

3. Professionalization of management at all levels particularly in service organizations needs the development of managerial skills and knowledge particularly at lower and middle class.

4. Transmission of communist/socialistic societies into the capitalistic economies changed the structure of the principle of business. These changes along with the liberalization and globalization of business changed the principle. Hence, development of the present managers in these new principles areas is highly necessary.

5. Human resources development of the managers in multiple areas necessitates the executive development programs.

6. The need for management development arises due to providing technical skills and conceptual skills to non-technical managers and managerial skills and conceptual skills to technical managers.

7. The intensive competition and consequently upon employment of various grand strategies by various business organizations necessitates the development of managers.

8. The emergency of new concept in management like total quality management, enterprises resources planning, business process re-engineering empowerment etc., necessitates the management to offer developmental programs.

9. Entry of multinational and transnational corporation brought new trends and strategies for domestic companies also. These factors necessitated the domestic companies to take developmental programs.

Principle of Management Development.

The top management of a company should follow certain principle to make the management development programs effective.

1. The management should assess the development needs of its managers at different levels through performance analysis and development methods.

2. Management should decentralize the responsibilities of developing the managers of different department and make the head of the department unit responsible.

3. Management should integrate career planning and development of the organization with the management development programs.

4. Every manager of the organization should be motivated and empowered to take up developmental programs.

5. Management development program is a continuous process.

6. Management should encourage the manager to take up programs on their own in addition to the company sponsored programs.

7. The content of the programs should be needed based for the individual manager and the organization.

8. The physical, social and psychological climate for the programs should be conducive.

9. All managers should be encouraged to undergo development programs in order to avoid executive obsolescence.

10. Management development programs should concentrates on the latest management concepts and principles.