Management Development

Management Development Objectives, Importance and Methods

Management development is a long-term educational process utilising a systematic and organised procedure by which managerial personnel get conceptual and theoretical knowledge. It refers not to technical knowledge and educational concepts, but rather to technical knowledge and operational skills. It involves a broader education approach aimed at fostering long-term development.

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Succession Planning Meaning, Characteristics, Objectives

Succession planning is a process by which one or more successors are identified for key posts (or groups of similar key posts) and career moves and/or development activities are planned for these successors. Successors may be fairly ready to do the job (short-term successors) or seans as having longer-term potential (long-term successors).

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