ICMA-CM flashcards
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34 cards. Read the term and the definition here. The deck at the top of this page is optional.
- Span of control
- The number of subordinates reporting directly to one manager. Narrow spans create tall hierarchies with close supervision; wide spans create flat structures that require more delegation and stronger subordinate capability.
- Situational leadership
- Hersey-Blanchard model matching leader style to follower readiness: telling for low readiness, selling for moderate-low, participating for moderate-high, and delegating for high readiness.
- Theory X and Theory Y
- McGregor's contrasting assumptions: Theory X holds that workers avoid responsibility and need control; Theory Y holds that workers seek responsibility and self-direction, shaping how managers supervise.
- Delegation accountability rule
- Delegation transfers authority and responsibility for a task, but the delegating manager retains ultimate accountability. Authority granted without resources or clear scope is the most common cause of failure.
- Mission versus vision
- A mission states the organization's present purpose and scope, while a vision describes the desired future state. Confusing them produces goals without strategic direction.
- SMART objectives
- Objectives that are Specific, Measurable, Achievable, Relevant, and Time-bound. An objective missing measurability or a deadline cannot be controlled or cascaded into unit targets.
- Porter generic strategies
- Cost leadership, differentiation, and focus (cost or differentiation focus). An organization that pursues none of them risks being stuck in the middle with below-average returns.
- Balanced Scorecard perspectives
- Four linked perspectives: financial, customer, internal process, and learning and growth. Leading operational measures balance lagging financial results so strategy is tracked before outcomes appear.
- Break-even point
- The sales volume at which total revenue equals total cost. In units it equals fixed costs divided by contribution margin per unit; in dollars, fixed costs divided by the contribution margin ratio.
- Contribution margin
- Sales revenue minus variable costs. Per unit it equals price minus variable cost per unit; the contribution margin ratio equals contribution margin divided by sales and drives break-even calculations.
- Favorable versus unfavorable variance
- A variance is favorable when actual revenue exceeds budget or actual cost falls below budget. It is unfavorable in the reverse direction, regardless of whether the underlying cause was controllable.
- Net present value
- The sum of discounted future cash flows minus the initial investment. A positive NPV adds value at the required rate; IRR is the discount rate at which NPV equals zero.
- Job description versus specification
- Job analysis produces two documents: the job description lists duties and responsibilities, while the job specification lists qualifications, skills, and experience required to perform the role.
- Kirkpatrick evaluation levels
- Four training evaluation levels: reaction (participant response), learning (knowledge gained), behavior (on-the-job application), and results (business outcomes). Each level requires different measurement methods.
- Progressive discipline
- An escalating sequence from verbal warning to written warning to suspension to termination. Documentation and consistent application across similar cases are the core controls that make it defensible.
- Nine-box grid
- A talent tool plotting employee performance against potential in a three-by-three matrix. It targets development, retention, and succession decisions toward high-potential and high-performing employees.
- Little's Law
- Work-in-process equals throughput multiplied by flow time. It links inventory, cycle time, and output rate, so reducing flow time or inventory changes throughput predictably in a stable process.
- Bottleneck capacity rule
- Process capacity equals one divided by the bottleneck's cycle time. Improving any non-bottleneck step does not raise total system throughput until the constraint itself is relieved.
- DMAIC phases
- Six Sigma's Define, Measure, Analyze, Improve, and Control sequence. Six sigma performance corresponds to roughly 3.4 defects per million opportunities, with control sustaining the gains.
- Common versus special cause variation
- Common-cause variation is inherent in the process and requires redesign; special-cause variation is attributable to a specific event and should be investigated immediately. Control limits sit at plus or minus three sigma.
- Channel richness
- The capacity of a communication channel to convey cues and enable feedback. Face-to-face ranks highest, then video, phone, email, and written memos; ambiguous messages require richer channels.
- Thomas-Kilmann conflict modes
- Five conflict-handling modes: competing, collaborating, compromising, avoiding, and accommodating. Collaborating suits high-stakes issues where both parties' concerns matter and time permits.
- Active listening behaviors
- Paraphrasing content, reflecting feeling, asking open questions, summarizing, and withholding judgment until the speaker finishes. These behaviors confirm understanding and reduce miscommunication.
- High-context versus low-context
- High-context cultures rely on implicit cues, relationships, and shared history; low-context cultures rely on explicit written and spoken detail. Mismatches cause misinterpretation in cross-cultural teams.
- Fraud triangle
- Three conditions enabling fraud: pressure or incentive, opportunity, and rationalization. Internal controls most directly reduce opportunity, making it the primary prevention lever for organizations.
- Segregation of duties
- An internal control separating authorization, custody of assets, recording, and reconciliation so no single person controls a transaction end to end. It is a primary fraud-prevention control.
- Conflict of interest recusal
- When a decision-maker has a personal financial or family interest in an outcome, the interest must be disclosed and the person must withdraw from the decision to preserve objectivity.
- Code of conduct versus ethics
- A code of conduct specifies required and prohibited behaviors with enforceable rules; a code of ethics states guiding values and principles. Both need training, enforcement, and a reporting channel.
- Risk response strategies
- Four standard responses: avoid the risk, reduce or mitigate it, transfer it through insurance or contracts, or accept it with a reserve. Residual risk remains after the response is applied.
- Risk score
- Likelihood multiplied by impact, used to rank risks on a heat map. Scores drive prioritization and determine whether a risk falls above or below the organization's tolerance threshold.
- Escalation of commitment
- Persisting with a failing course of action because of resources already spent. Sunk costs are unrecoverable, so decisions should rest only on future costs and benefits.
- ADKAR model
- A sequence for individual change: Awareness, Desire, Knowledge, Ability, and Reinforcement. Organizational results follow only after individuals progress through all five elements in order.
- Kotter eight-step change model
- Steps from creating urgency and a coalition through vision, communication, empowerment, short-term wins, and consolidation to anchoring change in culture. Skipping early steps undermines adoption.
- Diffusion of innovations
- Adopter categories: innovators, early adopters, early majority, late majority, and laggards. Crossing to the early majority is the threshold that determines whether an innovation achieves mainstream adoption.