This report deals with the training and development of full time managers and executives and of persons in departmental or technical posts who have, or may be given, managerial responsibilities, either in their own specialties or in general management. The first major section presents the common features of effective management training and development schemes--assignment of responsibility, job analysis, assessment of present and future needs, recruitment and selection, record keeping, and program appraisal--and offers guidance on the best use of individual or group projects, course work, and other means and facilities for inhouse and external training. The following section gives initial guidance to training boards on ways in which their grant schemes can contribute to management development in their industries. Finally, conclusions and recommendations on grants, reimbursements, program planning, and educational responsibility are summarized. (ly)