Fundamentals of Management, Global Edition 11th Edition

Book Preface

This Eleventh Edition of Fundamentals of Management covers the essentials of manage-ment in a way that provides a sound foundation for understanding the practical issues facing managers and organizations. The focus on knowing and applying the theories of manage-ment remains, while now also highlighting opportunities to develop employability skills. Fundamentals of Management offers an approachable, streamlined, realistic emphasis around what works for managers and what doesn’t—with the ultimate goal to help students be successful.
To improve student results, we recommend pairing the text content with MyLab Management, which is the optional teaching and learning platform that empowers you to reach every student. By combining trusted author content with digital tools and a flexible learning platform, MyLab personalizes the learning experience to help your students learn and retain key course concepts while developing skills that future employers are seeking in potential employees. Learn more at www.pearson.com/mylab/management.

New to This Edition

• New chapter on entrepreneurship.
• All new Experiential Exercises. Each chapter’s new Experiential Exercise is a hands-on activity in which students typically collaborate with other students to complete a task, such as writing a personal mission statement.
• Employability skills highlighted throughout book. Introduced in Chapter 1, these employ-ability skills include critical thinking, communication, collaboration, knowledge applica-tion and analysis, and social responsibility. Each chapter is loaded with opportunities for students to use and work on the skills they’ll need to be successful in the twenty-first-century workplace.
• Material on early twentieth-century contributors: A diversity perspective. Because man-agement history is the result of the contributions of many diverse individuals, we added a section to the Management History Module highlighting some noteworthy contributors.
• Module on professionalism and employability. Expanded version of the module on Careers now focuses on professionalism and employability.
• Diversity material added to managing human resources chapter.
• Managing operations material presented in a modular format.
• Several new examples throughout, including Facebook’s public scrutiny over what it was doing and not doing to protect its community of users, BMW’s sustainability actions, digital currency use in Sweden, European “zombie” companies, Hootsuite’s culture, the global cashew industry, Fox Sports World Cup advertising challenge, the organizational redesign at The Wall Street Journal, and many others.
• New and updated content, including current issues in organizational culture, anti-globalization, stumbling blocks to creativity, revision bias, crisis planning, digital tools as strategic weapons, managing disruptive innovation, remote work, multicultural brokers, inclusion, generational differences in the workplace, emotions and communication, alter-nate reality, toxic bosses, having civil conversations in the workplace, and workplace design.
• Making Ethical Decisions in the Workplace. This element has been renamed, and content is 60 percent new.

• Case Applications. 58 percent new.
• New Management in the News in MyLab Management. News articles are posted regularly, along with discussion questions that help students to understand management issues in cur-rent events.

Solving Teaching and Learning Challenges

Many students who take a principles of management course have difficulty understanding why they are taking the course in the first place. They presume that management is common sense, unambiguous, and dependent on intuition. They also need practice applying the con-cepts they are learning to real-world situations. Additionally, many students may not aim to be managers upon graduation, so they may struggle to see the parallels between this course and their career goals. We wrote Fundamentals of Management to address these challenges by developing a “management sense” grounded in theory for students while showing them how to apply concepts learned to real-world situations and enabling them to develop the necessary skills to be successful in any career.

Developing a “Management Sense”

Bust This Myth and Debunking Chapter Openers
Bust This Myth chapter openers include common myths that students may have about management. This feature debunks the common myths, helping students to better understand and develop their own management sense. Each one is accompanied by a Bust This Myth Video Exercise in MyLab Management.