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

Objectives of Management Development
The core objective of manager development programs is to make sure that managers are ready to take on the responsibilities and contribute effectively towards the growth and development of an organization or company.

To be more specific, here are some of the major objectives of these programs:

1. Increasing the capabilities of managers
Typically, managers are required to carry out a number of activities, including supervising, organizing, planning, leading, communicating, motivating, etc. All these functions and more require capabilities, knowledge, and skills. The objective of these programs, therefore, is to induce these capabilities in the managers to make them more efficient than before.

2. Fostering team work
Team work is one of the essences of managerial success. Programs designed for development of managers help develop mutual trust, feelings of cooperation, and mutual understanding. All these foster team work and will contribute to the success of the organization.

3. Improves decision-making
Development manager programs are intended towards improving decision-making abilities of managers. The success or failure of any organization depends on the decisions taken by managers. Similarly, other areas that are dependent on the decisions taken by managers include customer satisfaction, relation with employees, and relation with vendors, profitability and productivity of the organization, etc.

These programs help budding managers realize the importance of accurate decision-making and enable them to take more of those in the years to come.

4. Ensuring personal growth
It is important to increase the tenure of managerial employees in an organization. To ensure this happens, there has to be a personal growth of managers. Therefore, it is important for organizations to shape the future of every manager and give him the space to grow. Managerial programs help a great deal in this regard.

5. Aiming for succession planning
In an organization, future managerial positions can be created by market expansion, attrition, internal mobility etc. Also, it is risky and unpredictable for organizations to hire managers externally. Therefore, manager programs help design and develop succession plans to generate future managers within the organization.

Types of Management Development Programs
There are two types of development programs available for managers – off the job and on the job.

1. Off the job programs
In this type of management program, managers are required to attend seminars or classes outside their office space. According to the believers of this program type, managers tend to learn more and comfortably, especially when there is no job stress involved.

Typically, these programs can be conducted as in-house classroom instruction sessions or in educational institutes that specialize in managerial development.

2. On the job programs
In this type of development program for managers, different levels of competency, knowledge, and skills are imparted at their work place to go along with the daily responsibilities. All the technical training required for managers are given through this program type.

This program type is generally supervised by expert supervisors under whom budding managers learn the nuances of managerial tasks. The supervisors work on the weak areas of budding managers and guide them wherever necessary.