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Principles of Management

v2.0.1 Mason A. Carpenter, Talya Bauer, Berrin Erdogan, and Jeremy Short

Chapter 1 Introduction to Principles of Management

Figure 1.1

The restaurant industry poses many challenges to the successful management of individuals and groups.

Chapter Learning Objectives

Reading this chapter will help you do the following:

  1. Learn who managers are and about the nature of their work.

  2. Understand the importance of leadership, entrepreneurship, and strategy within organizations.

  3. Know the dimensions of management articulated in the planning-organizing-leading-controlling (P-O-L-C) framework.

  4. Understand the relationship between economic, social, and environmental performance.

  5. Understand how the concept of performance is used at the individual and group levels.

  6. Create your survivor’s guide to learning and developing principles of management.

Thomas Edison once quipped, “There is a way to do it better—find it.” This simple challenge is at the heart of the study and practice of management. Perhaps you’ve already considered ways to do things better in the organizations, teams, schools, clubs, or social groups in your life. Most of us have thought of better ways to manage others at work or perhaps at home. As you’ve visited or worked at restaurants, coffee shops, schools, or other organizations, it’s likely you’ve encountered many instances where different interactions with individuals would have led to a better experience.

Management is the art and science of managing others. Knowledge of management will help you identify and develop the skills to better manage your career, relationships, and the behavior of others in organizations. A manager’s primary challenge is to solve problems creatively, and often refers to “the art of getting things done through the efforts of other people.” The , then, are the means by which you actually manage, that is, get things done through others—individually, in groups, or in organizations. Formally defined, the principles of management are the activities that “plan, organize, and control the operations of the basic elements of [people], materials, machines, methods, money and markets, providing direction and coordination, and giving leadership to human efforts, so as to achieve the sought objectives of the enterprise.” For this reason, principles of management are often discussed and learned using a framework called P-O-L-C, which stands for planning, organizing, leading, and controlling. While managers do not necessarily spend all their time managing, the managerial function is required in all aspects of organizations. Everyone employed in an organization is affected by management principles, processes, policies, and practices as one is either a manager or a subordinate to a manager, and usually both. Consequently, finding a “way to do it better” is a challenge that helps all individuals to meet their personal and professional goals.