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Reflection on Personal Development, Facts and Rules to be Applied in the Management of Companies

Author

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  • Vasciuc Cristina Gabriela

    (Valahia University Targoviste, Romania)

Abstract

The employees’ personal development is essential in the current management. The companies that perform have several competent managers and they manage to evolve and retain the talents, rewarding the services. By implementing a careful personal development strategy, they have a real competitive advantage, becoming a priority for companies. This helps their employees to establish a better relationship with themselves and others, a sign of personal and professional evolution. The personal development ensures the employees’ well-being, so that they increase their productivity. Personal development practices must integrate each branch of a company, from production to management, personal development now being part of managers’ tools, its purpose being to help managers get to know each other better and to control their interactions with others, pushing employees to respect the expected behavior of the organization. Thus, personal development becomes indispensable to the nowadays’ management, being advantageous for the company, because, not only does it improve communication within the company, but it also has an impact on its performance and productivity.

Suggested Citation

  • Vasciuc Cristina Gabriela, 2020. "Reflection on Personal Development, Facts and Rules to be Applied in the Management of Companies," HOLISTICA – Journal of Business and Public Administration, Sciendo, vol. 11(2), pages 140-150, August.
    • Handle: RePEc:vrs:hjobpa:v:11:y:2020:i:2:p:140-150:n:10
    DOI: 10.2478/hjbpa-2020-0024
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    More about this item

    Keywords

    personal development; management; managers; competitive advantage;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M51 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Firm Employment Decisions; Promotions
    • M52 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management
    • L5 - Industrial Organization - - Regulation and Industrial Policy

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