ICSAN Management Principles flashcards
ICSAN Management Principles · Build recall with a focused review session.
32 cards. Read the term and the definition here. The deck at the top of this page is optional.
- Management definition
- The process of planning, organising, leading and controlling resources to achieve organisational goals efficiently and effectively; efficiency concerns means, effectiveness concerns ends.
- Mintzberg's managerial roles
- Ten roles grouped as interpersonal (figurehead, leader, liaison), informational (monitor, disseminator, spokesperson) and decisional (entrepreneur, disturbance handler, resource allocator, negotiator).
- Katz's three skills
- Technical skills matter most at first-line level, human skills at all levels, and conceptual skills at top management; the mix shifts upward with hierarchy.
- Hawthorne effect
- The finding from Mayo's studies that workers' productivity changes simply because they are observed and given attention, illustrating the influence of social factors.
- Unity of command
- Fayol's principle that each employee should receive orders from only one superior, preventing conflicting instructions and unclear accountability.
- Theory X and Theory Y
- McGregor's two assumptions: Theory X holds workers dislike work and need close control; Theory Y holds work is natural and employees seek responsibility and self-direction.
- Contingency theory
- The view that there is no one best way to organise or lead; the appropriate structure or style depends on environment, technology, size and task uncertainty.
- SMART goals
- Goals that are Specific, Measurable, Achievable, Relevant and Time-bound; this format improves clarity and later performance measurement.
- SWOT analysis
- A planning tool that matches internal strengths and weaknesses with external opportunities and threats to generate strategies that exploit or defend.
- Porter's five forces
- Industry rivalry, threat of new entrants, threat of substitutes, bargaining power of buyers and bargaining power of suppliers; together they shape industry profitability.
- Bounded rationality
- Simon's concept that managers cannot process all information, so they satisfice - choose the first acceptable alternative rather than the optimal one.
- Span of control
- The number of subordinates reporting directly to a manager; a narrow span creates a tall hierarchy, while a wide span creates a flatter one.
- Delegation
- Assigning responsibility and granting authority to a subordinate; accountability for results remains with the delegating manager, who cannot delegate it away.
- Matrix structure
- A dual-reporting design combining functional and project lines; it improves coordination but creates ambiguity and potential conflict over priorities.
- Mechanistic structure
- A rigid, highly specialised and centralised structure suited to stable environments; organic structures are more flexible and decentralised for uncertain environments.
- Transformational leadership
- Bass's approach using idealised influence, inspirational motivation, intellectual stimulation and individualised consideration to raise followers' commitment beyond self-interest.
- Herzberg's two factors
- Hygiene factors (pay, conditions, policy) prevent dissatisfaction but do not motivate; motivators (achievement, recognition, responsibility, growth) create satisfaction.
- Expectancy theory
- Vroom's formula: motivation = expectancy × instrumentality × valence; if any factor is zero, motivation is zero.
- Tuckman's group stages
- Forming, storming, norming, performing and adjourning; groups move through these stages as roles, norms and relationships develop.
- Equity theory
- Adams's theory that employees compare their input–output ratio with a referent; perceived inequity motivates them to reduce effort or change the comparison.
- Channel richness
- The capacity of a communication channel to convey information and cues; face-to-face is richest, followed by phone, email and written reports.
- Active listening
- A communication skill involving attending, reflecting, clarifying and summarising to ensure the receiver understands the sender's meaning.
- Thomas–Kilmann styles
- Five conflict-handling styles: competing, collaborating, compromising, avoiding and accommodating; the appropriate choice depends on issue importance and relationship value.
- Control process
- Set standards, measure actual performance, compare against standards, and take corrective action; controls may be feedforward, concurrent or feedback.
- Balanced scorecard
- Kaplan and Norton's performance framework using four perspectives: financial, customer, internal processes, and learning and growth.
- Management by objectives
- Drucker's approach in which managers and subordinates jointly set specific goals, monitor progress and appraise performance against results.
- Agency problem
- The conflict between shareholders (principals) and managers (agents) arising from separation of ownership and control; governance mechanisms aim to align interests.
- Carroll's CSR pyramid
- Four levels of social responsibility: economic, legal, ethical and philanthropic; economic and legal duties are required, while ethical and philanthropic are expected or desired.
- Triple bottom line
- Elkington's framework measuring performance across profit, people and planet - economic, social and environmental dimensions.
- Lewin's change model
- Unfreeze, move and refreeze; change succeeds when driving forces overcome restraining forces in a force-field analysis.
- Kotter's eight steps
- Create urgency, form a coalition, build a vision, communicate it, empower action, generate short-term wins, consolidate gains and anchor changes in culture.
- Risk treatment options
- After identifying and evaluating risk, managers can avoid, reduce, transfer (e.g., insurance) or accept it, then monitor and review the treatment.