Define management development programme. Explain the process of MDP.
Answers
Management development is a systematic process of management training and growth by which individuals (aspiring to rise on the ladder of management) gain and apply knowledge, skills, insights, and attitudes to manage managers, workers and work organisations effectively.
Management development program (MDP) is concerned with improving the performance of managers in their present roles and preparing them to take on greater responsibilities in the future. It has been described by Mumford and Gold (2004) as 'an attempt to improve managerial effectiveness through a learning process'.
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Answer:
Explanation:
Management development or executive development is a systematic process of growth and development by which the managers develop their abilities to manage. It is the result of, not only participation in formal courses of instruction, but also of actual job experience.