Executive development refers to the programs in place to help develop an executive employee’s, or potential executive employee’s, performance, skills, or competencies. Most commonly, executive development programs are specifically for leadership skills, meaning they are usually employed for executive-level members of the managerial team, or possibly simply the highest level member of management, regardless of whether they qualify as executive. Occasionally, executive development programs are employed before the employee is hired, and the state of their application depends on the result of the development plan. While the term â€œexecutiveâ€ is often used vaguely, it technically only refers to the top 5 or 10% of an organization.
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