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This 2 page Document was uploaded by an elite notetaker on Monday December 21, 2015. The Document belongs to a course at a university taught by a professor in Fall. Since its upload, it has received 6 views.
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Date Created: 12/21/15
Formal Management Program- A recipe to Success It’s generally said managerial quality is inherent and is not made. But in the present time of cut -throat competition, there is requirement of managers who are made. The complex business dealings and employee development are some of the words that have brought drastic change in the world of business. Companies today look for a good management development program to help them to achieve organizational goal easily. This is where the managerial development comes into picture. Today, companies invest heavily in management development program and other kinds of programs to ensure that managers are able to perform task given to them in an adequate way. Before jumpstarting further, let’s understand the meaning of Developmental Process of Managers-It simply means to develop the managers in a way that they are able to compete in the market and provide company edge over the competitors. Moreover, the leadership skills of newly developed manager are still in infancy and hence they may fall flat. The ultimate result is loss in productivity and poor company performance. But what company doesn’t understand doing one’s own work is quiet different from managing others. The primary aim of these programs is developing the Management Skills of the managers. Moreover, these programs are not only meant to overhaul the new manager, but these programs go a long in improving the skills of the present manager. What’s more! It keeps them abreast of the latest technology and changed patterns. What does management -training program include and what to do people try to learn from these programs? Well, this is the question that most people think of. Companies that invest in these programs not only empower the employees, nut also help them to develop skills, interpersonal skills, leadership, innovation, and most importantly coach the employees about the things that are happening all across the globe. The management training programs is not only limited to just the training aspect, but its all about embarking on how to develop the employee in a way that it improves efficiency of the organization. The leadership development program lets them to gain insight that leadership is not all about barking orders on others rather it is way beyond that. It is a process that involves lot of interpersonal skills. And this is what is just of any management development programs. The successful leadership training is all about conducting in house training through formal management program. There are several in house trainers that help them in formal management program on overall management development. Management skills training is something that can be provided by trainers or companies hire person from outside to impart required training. There is plenty of such organization that is willing to do so. However, Training a Manager is not all an easy cup of tea, hence it is in your best interest to hire a company that is backed by rapport and credibility. Some companies even hire the business schools to conduct presentations or case study to help them to understand how to face problem in a brazen manner.
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