Building a Management Development Program - 9 Best Practices

There are a number of ways to build a successfulpractices can be summarized by the following brief
management development program. One strategy isbullet points:
to break it down into a list of the top best practices.1. Identify who is going to participate in your
The best HR certification programs should focus onprogram. (Participants are generally high level
these key ideas. Management training courses shouldemployees and / or those with the most potential.)
also cover these topics. If you do an Internet search2. Base your program on a competency model.
for "Building a Management Development Program"(Define the skills you want your employees to
you should find resources that elaborate on the bestdevelop.)
practices outlined below.3. Involve senior management. (You will need full
If your company is building, revising or overhauling asupport to be successful.)
management or leadership development program,4. Content is king. Blended learning should rule the
there are the best practices to consider on your wayday. (Provide relevant information for your
to success. An overview of the best managementparticipants.)
development practices characteristics is commonly5. Don't underestimate the importance of financial
found in successful management developmentacumen. (Many managers and leaders need a more
programs.thorough understanding of financial terms and
The current state of the economy creates a needconcepts.)
for efficient management development training6. Integrate feedback, development planning and
programs. Dizzying economic conditions, changingcoaching. (Take feedback and offer programs such
demographics, an impending "brain drain," and a needas mentoring or one-on-one help to develop personal
to enhance employee retention levels are just someplans for the leaders of the company.)
of the issues driving organizations of all sizes to7. Leverage "action learning" as part of the process.
explore ways of ensuring the readiness and stability(Groups of participants work together to address
of their workforce. If your company hasn't yetreal issues facing the company.)
embarked on a leadership or management8. Adjust, adapt and improve over time. (Adapt your
development initiative, it's likely that you will in theprogram as you receive feedback and / or your
near future.needs change.)
These programs are usually significant undertakings9. Measure and track outcomes. (Use tools to
and therefore highly visible within a company. Theydetermine the usefulness of the program.)
may target existing, middle or new managers,It is clear that these key points need more
emerging leaders, high-potentials or executives.elaboration to be implemented successfully. Only a
Regardless of the intended audience, there areselect few of the best HR certification programs
several characteristics common among successfulhave fully covered these nine best HR practices in
management development programs. While everydepth. The top management training programs offer
situation is unique and you'll need to find a solutionwhitepapers that develop these ideas further. These
that works best for your organization's culture andwhitepapers are available for download for free from
goals, there are several best practices that can bethe schools that offer those management training
employed on your way to success. These bestcourses.