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Leadership And Management Development

   

Added on  2022-08-19

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Leadership and Management Development
STUDENT DETAILS
2020
Leadership And Management Development_1
LEADERSHIP AND MANAGEMENT DEVELOPMENT 1
Table of Contents
Introduction................................................................................................................................2
LMD Benefit to Organisation....................................................................................................2
Employees involved in LMD.....................................................................................................3
Approaches and Techniques to identify Employees..................................................................4
Evaluating LMD and Employee Choice....................................................................................6
Conclusion..................................................................................................................................6
References..................................................................................................................................8
Leadership And Management Development_2
LEADERSHIP AND MANAGEMENT DEVELOPMENT 2
Introduction
The organisations are required to focus on the improved efficiency so that they can achieve
set goals and objectives within the industry. The introduction of the international trade has
resulted in the increased competition within the industry, due to which the organisation is
focusing on the implementing the leadership and management development programs (LMD)
within the organisation so that the skills and capabilities of the employees can be effectively
improved within the organisation and the organisational efficiency can be achieved (Thorpe,
2016).
The LMD program within the organisation requires that the management focuses on
effectively analysing the organisation and the industry requirements; accordingly develop
policies to improve the organisational leadership and managerial efficiency. The LMD results
in having a positive impact on the organisational performance within the industry and helps
in achieving a competitive position within the industry (Gold, et al., 2010). The analysis is
focused on analysing the benefits of LMD within the Private-sector organisation and
effectively focusing on the approaches through which the management can focus upon
selecting employees to be involved within the process. The organisation deals with clients
internationally therefore it requires effective leaders and management within the organisation.
LMD Benefit to Organisation
Leadership and management development program within the organisation are implemented
with a focus towards positive impact over the organisation, as the organisation incurs cost
over the program development as well as its implementation; therefore, it is required that the
program results in providing benefit to the organisation. The major benefits that the
organisation gets through the implementation of the LMD programme are the increased
productivity, as with such programs the employees can develop their skills and accordingly
contributes towards the increased performance of the organisation. Helps in retaining people
within the organisation, increases employee engagement and also results in effective decision
making within the organisation (Courtney, 2015).
The leadership and management development within the organisation is focused on
improving the efficiency of the organisation within the industry and focus on four major
contexts such as globalisation, diversity within the organisation, structural change and
knowledge-based economy. As with the recent developments within the industry it is
Leadership And Management Development_3

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