Personal development includes activities that improve awareness and identity, develop talents and potential, build human capital and facilitate employability, enhance quality of life and contribute to the realization of dreams and aspirations. The concept is not limited to self-help but includes formal and informal activities for developing others in roles such as teacher, guide, counselor, manager, life coach or mentor. When personal development takes place in the context of institutions, it refers to the methods, programs, tools, techniques, and assessment systems that support human development at the individual level in organizations.[1]

Personal development includes the following activities:

Personal development can also include developing other people. This may take place through roles such as those of a teacher or mentor, either through a personal competency (such as the skill of certain managers in developing the potential of employees) or a professional service (such as providing training, assessment or coaching).

Beyond improving oneself and developing others, personal development is a field of practice and research. As a field of practice it includes personal development methods, learning programs, assessment systems, tools and techniques. As a field of research, personal development topics increasingly appear in scientific journals, higher education reviews, management journals and business books.

Any sort of developmentwhether economic, political, biological, organizational or personalrequires a framework if one wishes to know whether change has actually occurred. In the case of personal development, an individual often functions as the primary judge of improvement, but validation of objective improvement requires assessment using standard criteria. Personal development frameworks may include goals or benchmarks that define the end-points, strategies or plans for reaching goals, measurement and assessment of progress, levels or stages that define milestones along a development path, and a feedback system to provide information on changes.

Personal development as an industry[3] has several business relationship formats of operating. The main ways are business-to-consumer and business-to-business. However, there are two newer ways increasing in prevalence: consumer-to-business and consumer-to-consumer.

The business-to-consumer market involves selling books, courses and techniques to individuals, such as:

Some programs are delivered online and many include tools sold with a program, such as motivational books for self-help, recipes for weight-loss or technical manuals for yoga and martial-arts programs.

A partial list of personal development offerings on the business-to-individual market might include:

The business-to-business market also involves programs in this case ones sold to companies and to governments to assess potential, to improve effectiveness, to manage work-life balance or to prepare some entity for a new role in an organization. The goals of these programs are defined[by whom?] with the institution or by the institution and the results are assessed.[by whom?][citation needed] With the acceptance of personal development as a legitimate field in higher education,[citation needed] universities and business schools also contract programs to external specialist firms or to individuals.[citation needed]

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Personal development - Wikipedia, the free encyclopedia