Business Studies, asked by koushiksharma3296, 10 months ago

What is Management Development? Explain the importance of Management Development.

Answers

Answered by Vaibhavverma73
2

Hey mate!

I am here with your answer!

Management development is the overall concept that describes the many ways in which organizations help employees develop their personal and organizational skills, either as managers in a management job or with an eventual management job in mind.

Management development is important to businesses who want to take a proactive approach to growth. Training opportunities increase employee retention and motivate employees, resulting in a knowledge and driven workforce. If your business is to grow, you need to invest in the most asset, your employees, and upskilling is an essential growth strategy which can be successfully initiated with our help.

Hope this will help you!

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