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Management Development is best described as the process from which managers learn and improve their skills not only to benefit themselves but also their employing organizations. 
In organisational development (OD), the effectiveness of management is recognised as one of the determinants of organisational success. Therefore, investment in management development can have a direct economic benefit to the organization.
Managers are exposed to learning opportunities whilst doing their jobs, if this informal learning is used as a formal process then it is regarded as management development.
In 2004 the spend per annum per manager on management and leadership development was £1,035, an average of 6.3 days per manager. 
What management development includes:
- structured informal learning: work-based methods aimed at structuring the informal learning which will always take place
- formal training courses of various kinds: from very specific courses on technical aspects of jobs to courses on wider management skills
- executive education: which might range from courses for (perhaps prospective) junior managers or team leaders
The Management Charter Initiative (MCI) originally set out management competencies for management S/NVQ’s, these competencies are now part of the National Qualification Framework (NQF), it is from these competencies that managers can be assessed and development needs determined.
To enhance the skills, knowledge and abilities to improve organizational mechanisms.
Many management qualifications now have an action learning element. Action Learning recognises that individuals learn best from experience, so that process is structured. Action Learning sets allow individuals to try out different approaches to solving issues and problems..
- An effective learning tool
- Impact on bottom line/productivity
- Intangible benefits
- Aids improvement of individual performance
- Tackles underperformance
- Aids identification of personal learning needs
One of the biggest growth areas in UK education since the early 1980’s has been the growth of university level management education. As well as weekly part time attendance at College/University many students are also undertaking distance learning. Whereas there were only two business schools in the early 1970’s, there are now over a hundred providers offering undergraduate, postgraduate and professional courses.
Approaches to Management Development Edit
- Business workflow analysis
- Dysfunctions analysis
- Executive Education
- Job rotation
- Professional development
- Supervisory training
- Upward feedback
See also Edit
- Leadership development
- Training & Development
- Business management systems p2p
- Management effectiveness
References & BibliographyEdit
- Capability Development & Organisational Development Experts 
- Governance Focus issues in governance worldwide, in English & Español
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