ABSTRACT
The cyclical process helps individual personal development and enhancement of professional managerial practice. Theory is no longer something which is taught outside the workplace or read about in management texts. Individuals develop theory themselves in real time in their workplace. Knowledge without action is of little value. Professional practice informs theory and vice versa. Real problems are being tackled and solved in real time. Businesses develop and move forward simultaneously with individual employees. The process creates a true learning environment.
