To acquire skills
Executive development is to improve competencies and increase capabilities.It helps manager to enhance the their efficiency to work more effectively and to prepare them for future needs of organization
2. Outlines
• To acquire skills
• To improve competencies
• To increase capabilities
• To change behavioral patterns
• To enhance the efficiencies of managers to work more effectively
• To prepare managers for future needs of organization
4. Objective
Top
Management
Widen the horizon
of executives
Focus towards
upcoming issues
Attention on new
venture
Emphasis on
external agencies
Middle
Management
Expansion of
Individual Skills
Ability to increase
analytical skills
Ability to draw
multi-tasking
skills
Low Level
Management
Develop good
industrial
relations
Develop creativity
Stimulate
innovative
thinking
5. Process
Analysis of Development Needs
Confirmation of Present Managerial Talent
Detailed explanation of Executive Manpower
Planning Development Programmes
Constructing Development Modules &
Evaluation
6. Analysis of Development Needs
• To determine present and future needs
• To understand the requirement of organization in terms of departments,
executives and functions
• To do organization planning
• Investigation of skills and knowledge on the basis of organization's need
7. Confirmation of Present Managerial Talent
• To check the current ratio of executives in the organisation
• Comparison between existing competency of every executive with the
market standard
• Estimate the potential for development
8. Prepare Data & Plan Development Programmes
• Prepare data of age, education, experience, skills, & performance appraisal
• Formulate detail information of weakness and strength of existing
executives
• Prepare development Programmes for different set of individual
• Training Programmes is prepared in terms of interest and goals of
executive
9. Constructing Development Modules
• Structure a comprehensive and well convinced program
• Different modules are set according to leadership, decision making, and
human relations etc…
• Executive Development(ED) Programme by well-known institute of
management
• Opportunity to do the ED on cost to company
10. Evaluate ED Programme
• On the basis of desired result
• To check the relevance of ED Program
• According to short and long term result
• Evaluation is be done via:-
> Surveys
> Interviews
> Tests
> Quality Cost
> Productivity Changes
> Training behavior
> Rating of training elements
11. Highlights of the Programme
• Management should take initiative and implement it seriously
• Leaders should take responsibility to train associates
• ED Programme should be streamlined with requirement of executives
• Efficient and competent leader should be selected
• ED Policy should be made on grounds of organization’s mission and vision
• It should also protect obsolesce of talent
• It should focus on motivation
• Frequent feedback and communication is the key of success of Programme