Importance and Factors Influencing Executive Development

Question

What are the Importance and Factors Influencing Executive Development?

Answer 1

Executive development is additional concerned with future. It is more concerned with education than is employee training. Because of the following reasons Executive development is important for:-

1. To train and develop professional managers Executive development programmes are required

2. It supports managers to improve skills to face cut throat competition.

3. Related to technology and institution, it enables managers to face problems.

4. It helps in developing better relations with the labours.

5. To understand and adjust to changes in socio-economic changes, Executives need training and education

6. To broader the outlook of managers, executive development is required.