HRM- Individual Report 1 Essay Example | Topics and Well Written Essays - 3000 words

HRM- Individual Report 1 - Essay Example However, the practice of the effective leadership process also involves the intervention of the learning method by the leader along with the evaluation of the organisational development (Collins, 2002). Likewise, Leadership and Management Development (LMD) have been witnessed as widely practiced by contemporary organisations to stimulate operational efficiency through enhanced use of the human resources. Hereby, the report tends to develop a critical understanding about the fundamental concept of LMD along with the objectives and purposes within an organisation. Moreover, the report also details the strategic process of LMD and explores its relationship with organisational performance from a critical perspective. The concept of LMD can be simply elaborated as a planned and integrated approach, which enables managers and leaders of a particular organisation to increase their operational controlling and management efficiencies. In relation to the rapidly developing business environment, the definition of LMD can be termed as an effective learning approach for the leaders and/or managers to develop their competency level in response to the changing opportunities and trends in the respective business industry (CIPD, 2010). The primary objective of LMD may consist of numerous practices that not only improves controlling and managing capabilities of the organisation, but also helps managers and leaders to strengthen their decision-making processes. The objectives of LMD can be observed to characterise few major aspects that can enable leaders and managers to improve their performances within an organisation (CIPD, 2010). Cropping or fertilising knowledge and managerial capabilities of the leaders is further ascertained as one of the major objectives of LMD. Moreover, enabling leaders to gain adequate managing capability of the organisational inheritance can