Methods of Management Development
What is management?
Simply it is the art of getting work done through people, the way you would have done it yourself and with the available resources. Optimum utilization of resources is the first rule of management. Making the best out of whatever is available with you is a management art. It involves four major functions viz planning, organizing, staffing and controlling/coordinating. What is development?
As the word suggests, it is progress i.e. a growth or success over a period of time. For a business, it can be expansion and diversification and for an individual may be a promotion or a salary hike. So, what is management development?
If we put the two together, it simple means one’s improved abilities to manage businesses or self. It is a conscious effort, planned in nature, which makes a person capable and increases their capacity to manage an organization, its people and also their own self. Best explained, it is the process by which managers discover as well as improve their abilities and skills, which would not only be advantageous to them but also to the organizations for which they work. The most common traits required in a manger are good communication skills, leadership qualities, problem identification and solving, and most importantly persuading and encouraging others to give in their best. These traits if not present in a manager or are dormant, can be identified and developed over a period of time through proper management development programs.
OBJECTIVES OF THE STUDY
• It is acknowledged as one of the determinants for organizational success having a direct impact on its economical benefits. • For organizations, making available such techniques to their managers helps the company to hold on to their prized employees. • It also helps the organization to serve their customers better. • The productivity of the managers as well as employees increases. • Leadership and risk taking ability of the manager is enhanced, making the overall working environment of an organization, challenging. • It helps in exploring skills of a manager and the employees which were till now not active or unresponsive.
Simply put, this is a sort of test carried out in order to check a person’s mental stability and whether or not he has any psychological disorder. This can also help in assessing a person’s mental strength and ultimately also guides us whether or not the individual needs to undergo a psychological training program. As the words suggests, it means undergoing a professional training program for both personal progress and career enhancement. Under this, the manager is also made aware of the functioning of the organization. Some of the most common methods include. • Case study learning
• Lesson study
• Technical assistance
Some others include
• Competency evaluation
• Training and development
Under this, a senior person in the same organization guides the manager, as to develop their skills and solve the organizational problems. They teach them out of their own experiences. He also helps in building up the confidence of the manager, by asking questions and providing them challenges while also providing the necessary assistance and encouragement. It gives the manager a chance to look more closely at themselves, their issues and what they want in life. It makes them self aware, responsible and gives a direction to their life. Action Learning
Individuals are given the freedom to solve a problem according to their understanding and technique they think best. This lets them to attempt varied approaches to solve various issues and problems. This approach recognizes that individuals learn best from experience so that the process is structured. Internal Training Programs
The organization itself develops...