The great greek philosopher Socrates stressed the development of managerial skills such as creating an atmosphere of information sharing and analysis.
By improving their management skills, managers are better able to carry out their duties. In order for employees to be effective managers in their current roles or with an eye on a future in management, the business needs to assist them to develop their interpersonal and organizational abilities. Training in management development skills is meant to increase organizational capabilities as well as employee capabilities.
Employees can become more productive and efficient at their work by making investments in their managerial skill development. When a company invests in its employees' knowledge and abilities, it sees a return on that investment in the form of increased productivity and effectiveness from those employees, which benefits the company's bottom line.
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