Presented By

Sultan Abdul Khader Swathi

Education generally refers to acquiring knowledge without concern about immediate application. The extent of formal education is positively correlated with achieving managerial and leadership positions and with the level of leadership position attained. Most high-level leaders are intelligent, well-informed people who gather knowledge throughout their career. Management Education Management education is the acquisition of a broad range of conceptual knowledge and skills in formal classroom settings in degree-granting institutions Bachelors or Masters degree programs in business administration Executive education programs

Management Development
development is an organizations conscious effort to provide its managers and potential managers and leaders with opportunities to grow, learn, and change, in hopes of producing over the long term a cadre of managers / leaders with the skills necessary to function effectively in that organization Strategies used to develop managers include management education, management training, and on-the-job experiences. Management development activities account for approximately 30% of all funds budgeted for training by organizations.
Management

 Factors

that make any given experience potent in fostering leadership growth:

The people you work with The characteristics of the role (tasks)

Leaders

in any field tend to first stand out by virtue of their technical proficiency.
Competence or proficiency are factors that serve as basis

for emergence or selection of a leader.

 The

best experiences for leadership development are those that challenge the manager realistically. The goal of leadership development is to provide meaningful development opportunities, not to push managers to the point where they are most likely to fail. As the idea is reinforced by Richard Branson, failure can be developmental. An important part of capitalizing on challenging experiences is for the leader/manager to be given leeway in choosing how to resolve the problem.

Sources of Experience The two major developmental factors in any work situation are work associates and the task itself. Work associates can serve as positive or negative models. Work-related tasks give the leader an opportunity to become an effective and innovative problem solver.

Broad Experience- Many aspects of leadership are situational. Gaining experience in different settings is therefore advantageous. Multifunctional development is an organizations intentional efforts to enhance the effectiveness of future leaders by giving them experience in multiple organizational functions.

 Another

perspective on how experience contributes to leadership effectiveness is that certain pivotal eventsoffer occurring early in life- help people recognize a capacity to make things happen and gain the support of others. The pivotal experience might be an event or a relationship, sad or joyous, but it is always a powerful process of learning and adaptation

 Our

experience is strengthened through mentoring.

Informal

mentoring

Occurs when a protg and mentor build a long-

term relationship based on friendship, similar interests, and mutual respect.

Formal

mentoring

Occurs when the organization assigns a relatively

inexperienced but high-potential leader to one of the top executives in the company.

 Leadership

practitioners should look for opportunities to build mentoring relationships with senior leaders whenever possible. Coaching often comes from a mentor, a more experienced person who develops a protgs abilities through tutoring, coaching, guidance, and emotional support. A mentor is often a persons manager, but it can also be a staff professional or a co-worker. Mentoring is traditionally thought of as an informal relationship based on compatibility between two personalities. Yet current research says that about 40% of organizations use formal mentoring.

Impact

on Leadership.

A survey of large companies found that 96 percent of executives credited mentoring as an important developmental method, and 75 percent said mentoring played a key role in career success. High-level leaders sometimes use mentors as a way of obtaining useful feedback. The mentor can serve as a model of effective (or ineffective) leadership, and can coach the protg about handling leadership situations and understanding the political aspects of the organization.

THANK YOU