Scribd
Upload
56 views

HW-1: What Do You Mean by Management Development? Answer:: 1. Annual Estimate of Expected Vacancies

Management development is the process by which managers learn and improve their skills and knowledge to benefit both themselves and their organizations. It involves systematic training and growth so that managers can effectively and efficiently manage work. Management development has become important for organizational competitiveness in today's competitive environment. Companies that align management development with strategic planning are more competitive than those that do not.

Uploaded by

Ariyan Mahmud
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
56 views

HW-1: What Do You Mean by Management Development? Answer:: 1. Annual Estimate of Expected Vacancies

Management development is the process by which managers learn and improve their skills and knowledge to benefit both themselves and their organizations. It involves systematic training and growth so that managers can effectively and efficiently manage work. Management development has become important for organizational competitiveness in today's competitive environment. Companies that align management development with strategic planning are more competitive than those that do not.

Uploaded by

Ariyan Mahmud
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 2

HW-1: What do you mean by management development?

Answer:
Management Development is described as the process from which the managers learn and improve
their skills & knowledge not only to benefit themselves but also their employing organizations.

Management Development is a systematic process of training and growth by which managerial


personnel gain and apply skill, knowledge, altitude and insights to manage the work in their
organization effectively and efficiently. In other words, "Management Development is an educational
process utilizing a systematic and organized procedure by which managerial personnel learn
conceptual and technical knowledge for general purpose."

Management Development has become very important in today’s competitive environment. According
to a survey, those companies that align their management development with tactical planning are
more competitive than the companies who are not. It has also been indicated that 80% of the
companies report MDP, compared with 90% that provide executive leadership training. For most of
the companies 37% of the training budgets go to management development and learning programs.
Therefore, it is important to consider management development as an important part of
organizational competitiveness.

HW-2: Human resource planning methods- briefly discuss.


Answer:
Four methods are used to determine the requirements of personnel:

1. Annual estimate of expected vacancies:


In this step, analyze the current manpower supply in the organization through the stored information
about the employees in terms of their experience, proficiency, skills, etc. required to perform a
particular job.

Also, the future vacancies can be estimated, so as to plan for the manpower from both the internal
(within the current employees) and the external (hiring candidates from outside) sources. Thus, it is
to be ensured that reservoir of talent is maintained to meet any vacancy arising in the near future.

2. Long range estimate of expected vacancies:


It is necessary to estimate the number and kinds of employees that are expected to be with the
organization after one year, two years, three years and so on. Such projections should be based on
careful assessment of organization’s current human resources and consideration of employee
movement through retirement, resignation, etc. in future.

The human resource planner must compare the forecast demand for human resources with the
projected internal supply of human resources before coming to any conclusion. This exercise should
be carried out department and skill wise to know the deficiencies or surplus of various types of
personnel in future. The possibilities of transfer of personnel from one department to another and
promotion of personnel to higher jobs must also be considered to determine net human resource
requirements in the organization as a whole.

3. Man Specification Requirements:


The man specification is a description of the qualifications, skills, experience, knowledge and other
attributes (selection criteria) which a candidate must possess to perform the job duties.

Page 1 of 2
The specification should be derived from the job description and forms the foundation for the
recruitment process. You will use the person specification as a basis for your selection decisions at
shortlisting, presentation/test and interview stages.

4. Job Requirements:
As per Gary Dessler, it is a list of job duties, responsibilities, reporting, relationships, working
conditions and supervisory responsibilities - one product of the job analysis.

It is a broad, general, and written statement of a specific job, based on the findings of a job analysis. It
generally includes duties, purpose, responsibilities, scope, and working conditions of a job along with
the job's title, and the name or designation of the person to whom the employee reports. Job
description usually forms the basis of job specification.

Page 2 of 2

You might also like