Building a Management Development Program: 9 Best Practices

There are a number of ways to build a successful management development program

. One strategy is to break it down into a list of the top best practices. The best HR certification programs should focus on these key ideas. Management training courses should also cover these topics. If you do an Internet search for "Building a Management Development Program" you should find resources that elaborate on the best practices outlined below.If your company is building, revising or overhauling a management or leadership development program, there are the best practices to consider on your way to success. An overview of the best management development practices characteristics is commonly found in successful management development programs.The current state of the economy creates a need for efficient management development training programs. Dizzying economic conditions, changing demographics, an impending "brain drain," and a need to enhance employee retention levels are just some of the issues driving organizations of all sizes to explore ways of ensuring the readiness and stability of their workforce. If your company hasn't yet embarked on a leadership or management development initiative, it's likely that you will in the near future.These programs are usually significant undertakings and therefore highly visible within a company. They may target existing, middle or new managers, emerging leaders, high-potentials or executives. Regardless of the intended audience, there are several characteristics common among successful management development programs. While every situation is unique and you'll need to find a solution that works best for your organization's culture and goals, there are several best practices that can be employed on your way to success. These best practices can be summarized by the following brief bullet points:1. Identify who is going to participate in your program. (Participants are generally high level employees and / or those with the most potential.)2. Base your program on a competency model. (Define the skills you want your employees to develop.)3. Involve senior management. (You will need full support to be successful.)4. Content is king. Blended learning should rule the day. (Provide relevant information for your participants.)5. Don't underestimate the importance of financial acumen. (Many managers and leaders need a more thorough understanding of financial terms and concepts.)6. Integrate feedback, development planning and coaching. (Take feedback and offer programs such as mentoring or one-on-one help to develop personal plans for the leaders of the company.)7. Leverage "action learning" as part of the process. (Groups of participants work together to address real issues facing the company.)8. Adjust, adapt and improve over time. (Adapt your program as you receive feedback and / or your needs change.)9. Measure and track outcomes. (Use tools to determine the usefulness of the program.)It is clear that these key points need more elaboration to be implemented successfully. Only a select few of the best HR certification programs have fully covered these nine best HR practices in depth. The top management training programs offer whitepapers that develop these ideas further. These whitepapers are available for download for free from the schools that offer those management training courses.

Building a Management Development Program: 9 Best Practices

By: David Shoemaker

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