
By: Talya Bauer, Berrin Erdogan, and Jeremy Short
Overview of "Principles of Management v5.0" by Talya Bauer, Berrin Erdogan, and Jeremy Short
P-O-L-C Framework: The book is structured around the well-established planning, organizing, leading, and controlling (P-O-L-C) framework, which helps instructors organize the course more efficiently and makes the material more memorable and readily applied by students, particularly those less well-prepared for college-level work.
Strategic Thinking: The authors emphasize strategic thinking, focusing on the determinants of high performance. This includes the concept of the triple bottom line, which measures financial, social, and environmental performance.
Entrepreneurial Thinking: The book incorporates an entrepreneurial/change management orientation, reflecting the growing trend of students and instructors seeing themselves as entrepreneurs and active change agents, not just managers.
Active Management: The authors adopt an active management perspective, highlighting the importance of leaders and leadership in personal and organizational contexts.
The book is designed to provide a comprehensive foundation on the fundamentals of management, particularly for students taking their first management course. Each of the 16 chapters is comprehensive but succinct, action-oriented without being overly busy, and written in a direct and active style to make the material readily accessible and relevant to both students and instructors.
While there is no specific critical reception provided in the sources, the book's structure and themes suggest it is well-received for its clarity and applicability. The use of the P-O-L-C framework and the incorporation of strategic, entrepreneurial, and active management perspectives likely make the material more engaging and practical for students.
The digital version of the book includes built-in study tools like highlights, read-aloud functionality, offline access, and global search capabilities, making it convenient for students to study and access the material anywhere.