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Preferred term

management development  

Definition

  • Management development is the organized approach to prepare individuals to better achieve career and collective goals by working with and through human and nonhuman resources in order to continually add value to the world and its stakeholders. Managers who do things fast and rapidly achieve career and organizational goals demonstrate effectiveness; those who achieve their goals by controlling their human and nonhuman resources without exhausting or wasting them demonstrate efficiency. [Source: Encyclopedia of Business in Today's World; Management Development]

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https://concepts.sagepub.com/social-science/concept/management_development

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