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Cover of Principles of Management v5.0
June 2021
Page Count: 
ISBN (Digital): 

Principles of Management

Version 5.0
By Talya Bauer, Berrin Erdogan, and Jeremy Short

Key Features

  • Organized around three key themes:
    • Strategic thinking with explicit focus on determinants of superior organizational performance.
    • Entrepreneurial thinking that goes beyond a traditional definition of “manager” to encompass strategic innovation and effect necessary change.
    • Active management as a guiding leadership perspective that emphasizes personal effectiveness and decision-making practices that are relevant to an increasingly competitive job market and constantly shifting business environment.
  • Emphasizes the “triple bottom line” or the idea that successful economic performance should take into account social and environmental impacts of the firm when evaluating outcomes.
  • Each chapter is structured around the respected P-O-L-C framework:
    • Planning—setting objectives and determining courses of action.
    • Organizing—developing an organizational structure and allocating human resources to achieve objectives.
    • Leading—inspiring others to act in response to social and informal sources of influence.
    • Controlling—ensuring consistent behaviors that achieve objectives by creating and enforcing standard processes and procedures.
  • Rich and useful learning strategies embedded in the book include:
    • Chapter-Opening Tables describe how the P-O-L-C framework applies to the chapter that follows.
    • Learning Objectives start each main section to preview the coming discussion and prepare students to learn.
    • Key Takeaways at the end of every main section to summarize new information while it is still fresh and encourage retention.
    • Discussion Questions at the end of every main section provide critical thinking opportunities for individual students or topics for group exchanges.
    • Rich Media Links to online video sources extend the narrative, provide engaging examples, and appeal to student learning preferences.
    • Case in Point are chapter-ending cases that illustrate concepts discussed in the preceding chapter in real-world contexts.
    • Case Discussion Questions provide structured opportunities for discussion and analysis of the associated Case in Point.  Answer guidelines are provided in the instructor’s manual.


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Principles of Management is suitable for undergraduate introduction to management courses usually called Principles of Management or Introduction to Management taught in both two- or four-year colleges and universities. 

Principles of Management provides a comprehensive, action-oriented, and concisely written explanation of management fundamentals to prepare learners for the rapidly evolving business environment. The book’s distinct learning strategy weaves three consistent themes throughout: strategic thinking, entrepreneurial thinking, and active management. Each chapter is constructed around the well-established P-O-L-C framework (planning, organizing, leading, and controlling) that helps instructors organize the course more efficiently and that makes the material more memorable and readily applied by students, particularly learners who are less well prepared for college-level work. The result is a logically written, accessible, and engaging text that clearly communicates the latest findings and best practices needed to truly understand the core principles of management.

New in This Version

  • Updated to include the most relevant information while removing distractions.
  • Includes a greater diversity of examples to reflect recent, significant global changes.
  • Includes a greater focus on managing social media and how to best communicate given the current social media landscape
  • Every end-of-chapter case was either replaced or fully refreshed
  • All facts and figures have been updated with the most current information.
  • New businesses and business examples are featured throughout 
FlatWorld Homework System

FlatWorld Homework

FlatWorld Homework includes multi-format questions written specifically for your FlatWorld book, which you can access through our stand-alone interface or integrate with your learning management system.

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Instructor’s Manual

Instructor’s Manual

The Instructor’s Manual guides you through the main concepts of each chapter and important elements such as learning objectives, key terms, and key takeaways. Can include answers to chapter exercises, group activity suggestions, and discussion questions.

Instructor’s Manual

PowerPoint Lecture Notes

PowerPoint Lecture Notes

A PowerPoint presentation highlighting key learning objectives and the main concepts for each chapter are available for you to use in your classroom. You can either cut and paste sections or use the presentation as a whole.

PowerPoint Lecture Notes

Test Generator - powered by Cognero

Test Generator - powered by Cognero

FlatWorld has partnered with Cognero, a leading online assessment system, that allows you to create printable tests from FlatWorld provided content.

Test Bank Files for Import to Learning Management Systems

Test Bank Files for Import to Learning Management Systems

For your convenience, we've packaged our test items for easy import into Learning Management Systems like Blackboard, Brightspace/D2L, Canvas, Moodle, or Respondus.

Test Item File

Test Item File

Need assistance in supplementing your quizzes and tests? Our test-item files (in Word format) contain many multiple-choice, fill-in-the-blank, and short-answer questions.

Sample Syllabi

Sample Syllabi

Sample syllabi provide useful templates to help new faculty adopters revise their teaching plans to match their assigned FlatWorld textbook or lend insights to existing adopters on how to organize their classes.


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Talya Bauer Portland State University

Talya Bauer (PhD, Purdue University) is the Cameron Professor of Management and Affiliated Professor of Psychology at Portland State University. She is an award-winning teacher and researcher and recipient of the Society for Industrial and Organizational Psychology (SIOP) Distinguished Teaching Award, the Academy of Management HR division’s Innovations in Teaching Award, and the Academy of Management HR division's Herbert Heneman, Jr. Award for Career Achievement. She conducts research about relationships at work throughout the employee life cycle, including recruitment, applicant reactions to selection, onboarding, and leadership. Her work has been supported by grants from the National Science Foundation (NSF) and the National Institutes of Health (NIH) as well as the SHRM and SIOP foundations, and has been published in research outlets such as the Academy of Management Journal, Academy of Management Learning and Education Journal, Journal of Applied Psychology, Journal of Management, and Personnel Psychology. She has worked with dozens of government, Fortune 1000, and start-up organizations and has been a Visiting Scholar in France, Italy, Singapore, Spain, the UK, and at Google Headquarters, and she has delivered keynote addresses in Australia, Greece, Spain, the UK, and across the United States. She has served in elected positions including the HRM Executive Committee of the Academy of Management and Member-at-Large for SIOP. In 2018–2019 Talya served SIOP as its president. She is an associate editor for the Journal of Applied Psychology (and a former editor of Journal of Management). Her work has been discussed in Business Week, Harvard Business Review, the New York Times, USA Today, Wall Street Journal, and NPR’s All Things Considered. She is a fellow of SIOP, the American Psychological Association, Association for Psychological Science, and International Association of Applied Psychology. Her textbooks are in use around the world and have been recognized multiple times for awards by the Textbook Authors Association.

Berrin Erdogan Portland State University

Berrin Erdogan (PhD, University of Illinois at Chicago) is the Express Employment Professionals Professor of Management at Portland State University and Distinguished Research Professor at the University of Exeter, UK. Berrin’s research focuses on two themes. First, she examines leaders through the relationships they build with their employees, and the implications of manager-employee relationships for employee effectiveness, retention, and well-being. Second, she is interested in understanding person-job fit and misfit, with a focus on why and how employees find themselves overqualified for their jobs and its consequences. She conducted studies and shared results with organizations in manufacturing, retail, health care, education, information technology, construction, and banking among others, in the United States, the UK, China, Turkey, Vietnam, France, and India. To date, she has published over 60 journal articles and book chapters, coauthored the textbooks Organizational Behavior and Principles of Management published by FlatWorld, Psychology and Work published by Routledge, and co-edited the Oxford Handbook of Leader-Member Exchange. Her work has been discussed in media outlets including the New York Times, Harvard Business Review, CNBC, BBC Capital, and Wall Street Journal, among others. She is a fellow of Society for Industrial and Organizational Psychology and Association for Psychological Sciences. She served as an associate editor for European Journal of Work and Organizational Psychology and Personnel Psychology and was recently the Editor-in-Chief of Personnel Psychology. Berrin is a frequent speaker at national and international conferences and served as a visiting scholar and gave invited talks in Australia, Canada, Colombia, Greece, Iceland, Singapore, Spain, Turkey, the UK, and across the United States. Her textbooks are in use around the world and have been recognized multiple times for awards by the Textbook Authors Association.

Jeremy Short University of North Texas - Denton

Jeremy Short (PhD Louisiana State University) is the G. Brint Ryan Chair in Entrepreneurship at the University of North Texas. His research examines crowdfunding and the drivers of business performance in both entrepreneurial and larger firms. Jeremy’s teaching expertise was recognized with the Regent’s Award for Superior Teaching when he was on faculty at the University of Oklahoma. Jeremy has also written several traditional and unorthodox low-cost textbooks including a graphic novel focusing on management and entrepreneurship (Atlas Black: The Complete Adventure), as well as a graphic novel focusing on franchising and family business (Tales of Garcón: The Franchise Players). Jeremy was inducted as a Southern Management Association Fellow on several factors, including the publication of more than 100 articles and book chapters in such journals as Academy of Management Journal, Strategic Management Journal, Strategic Entrepreneurship Journal, Organization Science, Personnel Psychology, Organizational Behavior and Human Decision Processes, Academy of Management Learning and Education, and Journal of Business Venturing. His work has also been featured in media outlets such as CNBC, Forbes, Scientific American Mind, The Wall Street Journal, BizEd, Franchise Times, Tulsa World, and The Oklahoman. Jeremy also served as editor for several leading journals including Journal of Management, Entrepreneurship Theory & Practice, Organizational Research Methods, and Family Business Review

Additions & Errata

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