Management Development In The Private Sector Management Development • • • • • • • Change culture Management style Development key decision makers Prepare for future business Merge two or more cultures Link to new competencies Promoting the organisation Document Reproduction Company (Line Management Development) • “Learn From Experience” – Aim to drive for operational excellence and retention – Series of knowledge briefings – Various subjects, e.g. coaching, motivation, performance management, change management and leadership – Various locations in the company Engineering Company (Organisational Development) • Traditional Development Centre – 360 degree feedback appraisal – Myers Briggs Type Indicator Personality Questionnaire – Emotional Intelligence Questionnaire – Financial Appraisal Analysis – Competency Based Interview – Business Subject Presentation Financial Services Company (Leadership Development) • To encourage excellence and rid themselves of the tolerance of mediocrity? • To identify and develop ways to improve decision making, in particular financial decisions? • To create an organisation which works with pace, confidence, passion - and style? • To mobilise teams to improve business performance? • To develop the will to improve the organisation, improve it some more, and then improve it AGAIN? Leadership Competencies • • • • Set Direction Mobilise Groups Make Decisions Drive Improvements Leadership Day 360 Degree Feedback Personal Development Plan Leadership Learning & Development Generic Routes • Belbin Team Profiles • Coaching • Mentoring • MBA • 360 Degree Appraisals • Emotional Intelligence Approaches • In house • Consultants • Profession institutions Personal Development Plans • • • • Formal/Informal Guided/Unguided Open/Close Ownership/Support » » » » » Area for development When to be developed by What is involved Who is to be involved To be achieved by Best Practice • • • • • • • Communication is key Involvement Ownership Linkages to other business objectives Benefits for the individuals concerned Career opportunities within the organisation Continuous support Practical Exercises • Objective setting • Outside comfort zone • Belbin team profiles