The Certified Administrative Manager (CAM) is a professional certification awarded by the Institute of Certified Professional Managers. It is bestowed upon individuals who have successfully completed a series of five examinations and a case study, and who possess at least three years of management experience.
The process of selecting certain employees for rapid advancement within an organization, often based on their exceptional qualities and potential.
The 'glass ceiling' refers to the invisible barriers that prevent women and minorities from advancing to senior management and executive positions within an organization despite their qualifications and achievements.
A midcareer plateau is a stage in a middle manager's career where advancement opportunities seem obstructed, and the current position no longer offers significant challenges. This situation can be effectively managed through midcareer advancement programs encompassing education and training.
The Peter Principle is a management theory that observes individuals tend to rise in every hierarchy through promotion until they reach a level at which they are no longer competent. This theory was formulated by Dr. Lawrence J. Peter and Raymond Hull in the book 'The Peter Principle: Why Things Always Go Wrong.'
Vertical promotion refers to the advancement or upgrading of management or supervisory responsibilities within an organization, often accompanied by an increase in compensation. For example, an individual receiving a promotion from a department manager to a vice president not only gains greater responsibilities but also receives higher remuneration.
Experience gained while employed in a particular occupation. Work experience is valuable in building a successful career and fosters the ability to assume greater responsibilities.
