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The aim of management development should be to increase workgroup and organisational effectiveness which, in turn, is a function of the interaction between characteristics of the organisation, its environment and people. Management Development Programmes (MDP) provide participants with the opportunity to refocus, to immerse themselves in the latest thinking about best practice in management, and provide them with personal and professional tools to strengthen their effectiveness as a manager and leader. This paper helps us to understand MDP in better prospective and also focuses view. Managers are provided with different trainings in order to enhance their skills. A developmental program will focus more on developing the skill set of managers to get better results and achieve the organizational goals. Different types of training modules are implemented in the organization depending on the current need and the future analysis.
In the rapidly changing working environment, Management Development program is very important from organizations point of view. In order to implement this, organization are using different techniques and tools to manage their employees and improve the organizational behaviour. To enhance the skills and improve the knowledge, managers use Management development which is a structured program. This MDP results in benefiting the managers directly or indirectly and thus eventually which is beneficial for the development of whole organization the work for. This program helps the employees in reducing the stress and thus gives work satisfaction to the employees. Which in turn increases the productivity of employees and of the organization. The important need of MDP is it helps employee to identify their skills and techniques which they might not know. It builds confidence of the employee and it helps in retention of the employees. MDP encourages the less active employees to take up the higher projects and tasks. Employee who are performing well are further motivated to boost up their skill set. This increases the efficiency of the employees. An important objective of management development program is to hold on the most valuable employees of the organization. Along with enhancing the skills and techniques, conceptual knowledge is an important objective of this program. This program aims at providing the best quality managers to the organizations who will meet the future need of these organization. The training provided at MDP helps them to be ready for any kind of change in the organizational behaviour. Thus having a Management development program is very crucial for an organization success.
