In this paper it is argued that self-development can play an important role in the learning process of managers. Three meta-skills, self-awareness, self-reflection, and self-regulation are proposed as drivers of the self-development process and have been brought together into a conceptual model of managerial self-development. The paper first discusses the need for self-development approaches for managers as opposed to traditional development approaches that rely on the initiation of interventions external to the manager. The paper then articulates a model of the self-development process. The paper then explores each of these aspects in more detail and highlights their relevance in the development of managerial self-development programs.