Stages involved in a management development program

Question

What are the stages involved in a management development program?

Answer 1

The stages involved in a management development program are:

(i) Organizational Planning and to find out the company’s present and future requirements

(ii) Managerial appraisal and to evaluate at regular intervals the abilities and performance of employees with a view to discover managers presenting a promise of further growth and meeting their training requirements.

(iii) Making program objective and to focus its effects on the most pertinent areas in organization.

(iv) Finding out the key positions requirements to focus on the basic needs of particular managerial positions.

(v) Replacement of skills record and to point out persons eligible for managerial replacements.