What Are Management Development Programmes?
Peter Drucker, the “father of modern management,” formulated the concept of the “management revolution” in the ’50s. He espoused the need to embrace a professional and scientific approach to management through management development. The idea behind the concept was a need for skilled and competent executives to enable business success.
A step in this area was the evolution of Management Development Programmes (MDPs). An important field in human resource management, Management MDPs are focused on developing knowledge, skills, and competencies of people in managerial roles in order to improve their effectiveness and organisational alignment.
MDPs help organisations to develop their managers and build a stronger and more effective workforce. This has significant benefits for organisations through improved performance, talent development, and career progression. These programme transform managers at the intermediate management level into effective leaders. It also encourages employees at the managerial level to enhance their abilities to motivate those around them, helping them manage the teams more efficiently.
Objectives & Significance Of A Management Development Programme
As organisations look to survive and grow in a competitive landscape, the next generation of leaders would assume importance to meet the challenges of the future. MDPs are significant for organisations and their efforts in management development. Helping managers to adapt to a changing business ecosystem and keeping abreast of emerging trends is an essential component of any organisation’s strategy. On the other hand, the effectiveness of MDPs as a tool to attract and retain talent cannot be disregarded since it fosters employee development and career progression.
The objectives of an MDP are as follows:
- Foster the ability to lead, strategize, manage, and inspire the workforce by enhancing knowledge, skills, and talents.
- Promote teamwork by establishing a strong sense of trust, cooperation, and understanding among teams, and managers.
- Enhance the ability to make informed decisions regarding the productivity of the organisation, maintaining customer happiness, and harmonious relationships between co-workers and vendors.
- Strategise succession plans to create future managerial positions within the organisation.
- Design new business expansion strategies.
- Encourage high morale, enhanced confidence, and a good organisational environment to enhance productivity and profits.
The significance of a Management Development Programme:
- Encourages businesses to be proactive in their approach towards their employee training and development, and their contribution towards the company’s growth.
- Motivates and retains top talent to create a knowledge-driven and skilled workforce.
- Creates a robust team of innovative managers capable of driving productivity and company growth.
- Ensures the professional development of employees assisting them as they strengthen their skills through individual and company-wide training programmes.
- With the assistance of highly skilled and experienced managers, it is possible to gain a competitive edge over the company’s competitors.
- Encourages employee development and management succession planning, critical for the organisation to perform even during unprecedented times/situations.
- Assists in recruiting top talent in the management space.
SPJIMR
S. P. Jain Institute of Management and Research (SPJIMR), founded in 1981 in Mumbai, is a leading postgraduate management institute that believes that to create a better world, leaders and organisations must innovate and scale wisely while maintaining humility, inclusivity, and socio-environmental sensitivity. SPJIMR’s objective is to ‘influence managerial practise and promote value-based growth’ of students, graduates, organisations, their leaders, and society at large.
SPJIMR is an AICTE-approved Tier 1 MBA institute that is also accredited by The Association to Advance Collegiate Schools of Business (AACSB International) and the Association of MBAs (AMBA) in the United Kingdom. SPJIMR strives to develop responsible innovation that generates value-based growth for society through its programmes, research, and centres of practice.
Accelerated Management Programme
To help businesses and public sector organisations create a talent pool of future leaders, SPJIMR works with them to build specialised programmes. The SPJIMR faculty collaborates with businesses to design the best solutions to fulfil learning and development objectives relevant to the business world.
The SPJIMR Accelerated Management Programme (AMP) is a customised programme designed to cater to specific organisational needs. This programme is specifically for experienced professionals with a minimum of five years of work experience. The AMP helps them to enhance their leadership skills, strategic thinking, and decision-making capabilities.
To address organisational obstacles including succession planning, transformation sustainability, strategy rethinking, and any other concerns the partner organisation chooses to address, SPJIMR delivers strategically customised programmes, like the Accelerated Management Programme. Its world-class faculty creates custom learning solutions to successfully identify and solve the critical business challenges faced by our partner organisations, using their in-depth knowledge of the industry and thorough research.
SPJIMR’s custom programmes combine state-of-the-art infrastructure, and cutting-edge curriculum, with renowned scholars to help students and organisations develop the acquire skills required to thrive in a dynamic marketplace.
Objectives Of the Accelerated Management Programme
The AMP offered by SPJIMR provides rigorous and holistic management education that helps managers to face challenges and look at opportunities in a dynamic business environment. The programme draws from its several unique features to prepare managers for senior management roles and leadership positions in organisations. Some of the objectives of the AMP are:
- Educate exceptional Area Business Managers who can ensure that business theories are incorporated while designing growth strategies for the organisation, and making innovation feasible in the real world.
- Acquire the knowledge, abilities, management and leadership skills required for the next role at the senior level.
- Imparting understanding as to how to analyze different leadership styles to lead effectively, develop, and manage high-performance teams in the business environment.
- Help recognize the significance of tactical planning, customer-centric sales and marketing strategies to ensure a flourishing business.
- Develop an understanding of the roles and responsibilities of cross-functional teams to give managers the skills and leadership opportunities.
Pedagogy
SPJIMR’s customised programmes combine cutting-edge curriculum, state-of-the-art infrastructure, experienced faculty, and industry leaders to help organisations develop the key knowledge and skills required to stay competitive in today’s dynamic business environment. To give the most effective learning experience, the Accelerated Management Programme employs a unique practice-focused pedagogy that includes:
- Case Analysis
- Simulations
- Group Exercises
- Action Learning Projects
- Workshops
- Experiential Learning
- Interactive labs
- Coaching
Why An Accelerated Management Programme Offered By SPJIMR?
Experienced Faculty
Learn from a world-class faculty with extensive academic and industry experience.
Customised Solutions
Get customised solutions and insights for your training and development goals.
Practice-Focus Pedagogy
Gain the benefits of SPJIMR’s unique practice-focus pedagogy.
Peer Network
Expand your professional network with peers from diverse industries.
Immersive Learning
Immersive learning experiences are specially curated to facilitate holistic development.
Flexible Options
Upskill with flexible learning modes, including on-campus, online and hybrid learning.
Executive Alumni Status
Earn the prestigious SPJIMR executive alumni status.
Future-ready Skills
Gain a competitive edge to stay on top of your game with our customised, cutting-edge learning solutions.
Partnering for Success:
We’ve partnered with leading organisations and institutions across industries to assist them with their learning and development needs:
- Lupin
- Pricewaterhouse Coopers
- HDFC Life
- Saint-Gobain India
- The Reserve Bank of India
- Mondelez India Foods
- Larsen & Toubro Infotech
- Dr. Reddy’s Laboratories