Management Development

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Definition: Management Development

Management Development can be best understood as a process from which managers learn and improve their skills aimed at not only benefitting them personally but also their employing organizations in the long run. It comprises of the various ways in which the organizations help employees develop their personal and organizational skills.

Often in a Management development module, managers are exposed to learning opportunities real-time on-job. This formalization of an informal learning process is considered to be management development.

 

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Browse definitions and meaning of more concepts and terms similar to Management Development. The Management Dictionary covers definitions and overview of over 7000 business concepts from 6 categories.



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