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Role Of Management Development Institute In Nigeria

2580 words - 11 pages

INTRODUCTION

For over a hundred years now, during which period science and technology has been revolutionizing all aspect of human life and experience, modern management has not only gone through a series of metamorphosis but it has also played a strategic role in that resolution. The continuous process of identifying human needs and wants and applying human knowledge and skills in converting available resources or raw materials into what is required to satisfy the felt needs and wants of each society has been made possible only through the art and science of managerial and entrepreneurial leadership and improved technology. It can be said that the major distinctive characteristic between ...view middle of the document...

The demand of this managerial function becomes more difficult as the collectivity managed gets larger and more complex. Therefore in the face of rapid development and expansion of size and technology of the public and private organizations in many less developed countries, the under-developed managerial capability of most leaders has been stretched beyond limits. This quality must be up-graded.
Every government of these less developed countries like Nigeria has therefore accepted the responsibility for overcoming the obstacle of poor management within its domain, in Nigeria there are three bodies involved with the capacity building in the country;
a) The Universities charged with the responsibility of providing education
b) Management Development Institutes - providing training.
c) Research Institutions - conducting studies or investigations
Government has set up a number of management development institutes MDIs to better train mangers and accelerates development in all sector of the economy, some of which are;

1. CIBN – Chartered Institute of Bankers of Nigeria
2. ICAN – The Institute of Chartered Accountant of Nigeria
3. NIM - Nigerian Institute of Management
4. CIPM – Chartered Institute of Personnel Management
5. CMD – Center for Management Development
6. ITF – Industrial Trust Fund etc.
MANAGEMENT DEVELOPMENT INSTITUTE IN NIGERIA
Management Development Institutes (MDIs) is primarily concerned with production of managers who can formulate as well as translate government policies effectively, efficiently and economically. Generally Management Development Institute provides the following services:
i) Managerial Development (long term progress that assist managers learn how to function better.
ii) Managerial Training (short term progress that help managers do their jobs better.
iii) Organizational development (systematic approach that assists individuals, groups or the whole organization to improve operation.
In addition to providing training be it on the job training, training-the-trainer, training of women or training of entrepreneur, management development institute conducts research into problem of management and administration. Similarly, management development institutes offers consultancy services in the area say, identification of training needs. Managerial development institute provides consultancy on issues bordering on policy, organization and procedures. Management development institutes also provide advisory services to both the public sector and the private sector of the economy.
The set up of the various Management Development Institutes is geared towards rapid development in the country in the area of;
a) The real sector development
b) Fiscal operation and policy development
c) Balance payment
d) Monetary and exchange rate policies implementation
For the purpose of this write-up we shall be looking at the contributions of some of these MDIs in the managerial development in Nigeria
1. ICAN (The...

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