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Executive Development

TRAINING AND DEVELOPMENT


SUBMITTED TO – PROF. CHAITANYA NIPHADKAR
SUBMITTED BY- EKTA R. GUPTA
EN. NO. - 19044311015
Introduction
O Executives - Part of administration who have the
responsibility to oversee the implementation of the
decisions of the management.
O Executive Development upgrading the knowledge of the
managers to give a fresh angle of thinking so that they
adjust themselves in the roles of the responsible
personalities effortlessly.
O Development and training are unlike because the
training only focuses on the short term goal whereas the
development focuses on the long term go of the
organization.
Characteristics of Successful Executive
Development Programmes

 Continuous Process
 Life Long Process
 Planned Activity
 Emphasis On Stress Environment
 Self Development
PRIMARY OBJECTIVES OF
EXECUTIVE DEVELOPMENT
O Modernize Management
O Increase the Versatility
O Increase Confidence And Self-Esteem
O Improve Performance
O Career Opportunities
O Establish the Latest Management Techniques
O Optimum Utilization of Managerial Resources
O Appreciate the New Talents
O Enhance the Business Strategy
NEED OF EXECUTIVE
DEVELOPMENT

O Increase In Complexity And Size


O Lack Of Trained Employees
O Technological Changes
O Escalating Competition
O Increase Professionalism
O Changes in Labour Management Relations
Executive Development
Process
EXECUTIVE DEVELOPMENT PROCESS
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Executive Development Process includes Six Steps :
STEP 1
ANALYSING DEVELOPMENT NEEDS

O Organizational Planning
O Preparing the Descriptions and Specifications of
different Executive Positions
O To rethink on filling the positions from within the
existing employees or to recruit the new
employees.
EXECUTIVE DEVELOPMENT PROCESS
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STEP 2
APPRAISAL OF PRESENT MANAGEMENT NEEDS

O Appraising the existing employees


O Determining their capabilities
O Comparing the expected and existing talent of
employees
EXECUTIVE DEVELOPMENT PROCESS
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STEP 3
INVENTORY OF EXECUTIVE MANPOWER

O Formulation of File of each executive to maintain


the specific records such as name, age, education,
experience, health, training courses completed etc.
O Identification of Strengths and Weaknesses of each
executive
EXECUTIVE DEVELOPMENT PROCESS
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STEP 4
PLANNING INDIVIDUAL DEVELOPMENT
PROGRAMMES

O Each executive possess unique set of physical,


intellectual, emotional characteristics from other thus,
is necessary to develop different training programmes
for different manager.
EXECUTIVE DEVELOPMENT PROCESS
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STEP 5
ESTABLISHING THE TRAINING AND
DEVELOPMENT PROGRAMMES

O Develop Well Conceived and Comprehensive


Programmes
O Approaching to the Best Institutes of Management
for the Training
EXECUTIVE DEVELOPMENT PROCESS
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STEP 6
EVALUATING DEVELOPMENT PROGRAMMES

O Change in behaviour, grievance reduction, cost


reduction, improved productivity and quality
O Comparing if the expected performance has been
achieved or not
FACTORS INFLUENCING THE
EXECUTIVE DEVELOPMENT -1
O The untrained managers will affect the organization
negatively.
O In the absence of trainees , the performing managers
get de-motivated and frustrated at work.
O Less knowledge of the market will lead into total loss
in productivity and culture.
O Shortage of trained managers give rise to the retention
strategies.
FACTORS INFLUENCING THE
EXECUTIVE DEVELOPMENT -2
O Development of Existing and New Products and
Services will be hamper.
O Continuous restructuring and reengineering

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