160Personnel Management Concepts
Box 10.1: Features of Executive Development
It is a planned effort to improve executives’ ability to handle a variety of assignments
It is not a one-shot deal, but a continuous, ongoing activity
It aims at improving the total personality of an executive
It aims at meeting future needs unlike training, which seeks to meet current needs
It is a long term process, as managers take time to acquire and improve their capabilities
It is proactive in nature as it focuses attention on the present as well as futurerequirements of both the organisation and the individual
10.3PURPOSES AND OBJECTIVES OF MANAGEMENTDEVELOPMENT
Objectives of management development programmes can be better understood in thecontext of changing requirements of the environment which constantly interact with thebusiness. Many Indian organisations have now been exposed to the problem of majorrestructuring to respond to the economic liberalisation programmes of the government.Such programmes of the government are now compelling the Indian managers to facethe challenge of competition, survive under economic uncertainty, take decisions, movequickly, shoulder the risk, improve the quality of work-life, making their organisationmore socially responsive and transparent, etc. Market globalisation is also compellingIndian Organisations to update their technology. Management philosophies also areconstantly changing, particularly in the context of development of the concept of totalquality management (TQM), which inter alia calls for employee empowerment, totalparticipation, small group activities like quality circles, attitudinal change of the managerscutting across structural barriers, etc. Change in public policies, increased consumerawareness, increased social and institutional requirements (pollution control, etc.), labourrelations, etc., are also compelling the organisations to introduce management developmentprogrammes for their managers and executives for renewing their knowledge and skills.The primary objective of management development programme, therefore, is to makethe executives and managers vis-à-vis the organisations socially responsive andmanagerially competent to survive in an atmosphere of uncertainty.In addition, management development programmes also aim at achieving the followingobjectives:
To make available managers and executives with requisite knowledge and skill tomeet the present and anticipated future needs of the organisations.
To encourage managers to develop their full potentiality for handling greaterresponsibility.
To improve the functional competence of the managers, making them moretransparent and responsive to the changing needs of the organisation.
To sustain good performance of the managers throughout their career by, notallowing them to develop managerial obsolescence.
To develop managers for higher assignments, duly replacing the elderly executives.