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Principles of Management

Master management theories, turn them into actionable plans, and develop teamwork and leadership skills.

(PRIN-MGMT.AS1) / ISBN : 978-1-64459-709-5
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About This Course

You’re juggling projects, case studies, and group assignments, but the theory never shows you how to lead in real classrooms or capstones.

That theory/practice gap means management students graduate full of concepts but short on real‑world confidence.

This course on principles of management was built for you. You’ll unpack core concepts, explore organizational behavior, and practice the leadership skills you need to ace exams and group projects alike.

Skills You’ll Get

Key concepts behind planning, organizing, leading, and controlling How to crack complex management problems using real-world logic The psychology behind organizational behavior and what drives high-performing teams Persuasive communication and smart decision-making under pressure How top managers lead with ethics, influence, and cultural awareness A mindset shift, to start thinking and performing like a leader, not just a student
Download Course Outline

1

Preface

  • About OpenStax
  • About OpenStax Resources
  • About Principles of Management
2

Managing and Performing

  • Introduction
  • What Do Managers Do?
  • The Roles Managers Play
  • Major Characteristics of the Manager's Job
  • Summary of Learning Outcomes
  • Management Skills Application Exercises
  • Managerial Decision Exercises
  • Critical Thinking Case
3

Managerial Decision-Making

  • Introduction
  • Overview of Managerial Decision-Making
  • How the Brain Processes Information to Make Decisions: Reflective and Reactive Systems
  • Programmed and Nonprogrammed Decisions
  • Barriers to Effective Decision-Making
  • Improving the Quality of Decision-Making
  • Group Decision-Making
  • Summary of Learning Outcomes
  • Management Skills Application Exercises
  • Managerial Decision Exercises
  • Critical Thinking Case
4

The History of Management 

  • Introduction
  • The Early Origins of Management
  • The Italian Renaissance
  • The Industrial Revolution
  • Taylor-Made Management
  • Administrative and Bureaucratic Management
  • Human Relations Movement
  • Contingency and System Management
  • Summary of Learning Outcomes
  • Managerial Decision Exercises
5

External and Internal Organizational Environments and Corporate Culture

  • Introduction
  • The Organization's External Environment
  • External Environments and Industries
  • Organizational Designs and Structures
  • The Internal Organization and External Environments
  • Corporate Cultures
  • Organizing for Change in the 21st Century
  • Summary of Learning Outcomes
  • Management Skills Application Exercises
  • Managerial Decision Exercises
  • Critical Thinking Case
6

Ethics, Corporate Responsibility, and Sustainability

  • Introduction
  • Ethics and Business Ethics Defined
  • Dimensions of Ethics: The Individual Level
  • Ethical Principles and Responsible Decision-Making
  • Leadership: Ethics at the Organizational Level
  • Ethics, Corporate Culture, and Compliance
  • Corporate Social Responsibility (CSR)
  • Ethics around the Globe
  • Emerging Trends in Ethics, CSR, and Compliance
  • Summary of Learning Outcomes
  • Management Skills Application Exercises
  • Managerial Decision Exercises
  • Critical Thinking Case
7

International Management

  • Introduction
  • Importance of International Management
  • Hofstede's Cultural Framework
  • The GLOBE Framework
  • Cultural Stereotyping and Social Institutions
  • Cross-Cultural Assignments
  • Strategies for Expanding Globally
  • The Necessity of Global Markets
  • Summary of Learning Outcomes
  • Management Skills Application Exercises
  • Managerial Decision Exercises
  • Critical Thinking Case
8

Entrepreneurship

  • Introduction
  • Entrepreneurship
  • Characteristics of Successful Entrepreneurs
  • Small Business
  • Start Your Own Business
  • Managing a Small Business
  • The Large Impact of Small Business
  • The Small Business Administration
  • Trends in Entrepreneurship and Small-Business Ownership
  • Summary of Learning Outcomes
  • Management Skills Application Exercises
  • Managerial Decision Exercises
  • Critical Thinking Case
9

Strategic Analysis: Understanding a Firm’s Competitive Environment 

  • Introduction
  • Gaining Advantages by Understanding the Competitive Environment
  • Using SWOT for Strategic Analysis
  • A Firm's External Macro Environment: PESTEL
  • A Firm's Micro Environment: Porter's Five Forces
  • The Internal Environment
  • Competition, Strategy, and Competitive Advantage
  • Strategic Positioning
  • Summary of Learning Outcomes
  • Management Skills Application Exercises
  • Managerial Decision Exercises
  • Critical Thinking Case
10

The Strategic Management Process: Achieving and Sustaining Competitive Advantage 

  • Introduction
  • Strategic Management
  • Firm Vision and Mission
  • The Role of Strategic Analysis in Formulating a Strategy
  • Strategic Objectives and Levels of Strategy
  • Planning Firm Actions to Implement Strategies
  • Measuring and Evaluating Strategic Performance
  • Summary of Learning Outcomes
  • Management Skills Application Exercises
  • Managerial Decision Exercises
  • Critical Thinking Case
11

Organizational Structure and Change

  • Introduction
  • Organizational Structures and Design
  • Organizational Change
  • Managing Change
  • Summary of Learning Outcomes
  • Management Skills Application Exercises
  • Managerial Decision Exercises
  • Critical Thinking Case
12

Human Resource Management

  • Introduction
  • An Introduction to Human Resource Management
  • Human Resource Management and Compliance
  • Performance Management
  • Influencing Employee Performance and Motivation
  • Building an Organization for the Future
  • Talent Development and Succession Planning
  • Summary of Learning Outcomes
  • Management Skills Application Exercises
  • Managerial Decision Exercises
  • Critical Thinking Case
13

Diversity in Organizations

  • Introduction
  • An Introduction to Workplace Diversity
  • Diversity and the Workforce
  • Diversity and Its Impact on Companies
  • Challenges of Diversity
  • Key Diversity Theories
  • Benefits and Challenges of Workplace Diversity
  • Recommendations for Managing Diversity
  • Summary of Learning Outcomes
  • Management Skills Application Exercises
  • Managerial Decision Exercises
  • Critical Thinking Case
14

Leadership

  • Introduction
  • The Nature of Leadership
  • The Leadership Process
  • Types of Leaders and Leader Emergence
  • The Trait Approach to Leadership
  • Behavioral Approaches to Leadership
  • Situational (Contingency) Approaches to Leadership
  • Substitutes for and Neutralizers of Leadership
  • Transformational, Visionary, and Charismatic Leadership
  • Leadership Needs in the 21st Century
  • Summary of Learning Outcomes
  • Management Skills Application Exercises
  • Managerial Decision Exercises
  • Critical Thinking Case
15

Work Motivation for Performance

  • Introduction
  • Motivation: Direction and Intensity
  • Content Theories of Motivation
  • Process Theories of Motivation
  • Recent Research on Motivation Theories
  • Summary of Learning Outcomes
  • Management Skills Application Exercises
  • Managerial Decision Exercises
  • Critical Thinking Case
16

Managing Teams

  • Introduction
  • Teamwork in the Workplace
  • Team Development Over Time
  • Things to Consider When Managing Teams
  • Opportunities and Challenges to Team Building
  • Team Diversity
  • Multicultural Teams
  • Summary of Learning Outcomes
  • Management Skills Application Exercises
  • Managerial Decision Exercises
  • Critical Thinking Case
17

Managerial Communication

  • Introduction
  • The Process of Managerial Communication
  • Types of Communications in Organizations
  • Factors Affecting Communications and the Roles of Managers
  • Managerial Communication and Corporate Reputation
  • The Major Channels of Management Communication Are Talking, Listening, Reading, and Writing
  • Summary of Learning Outcomes
  • Management Skills Application Exercises
  • Managerial Decision Exercises
  • Critical Thinking Case
18

Organizational Planning and Controlling

  • Introduction
  • Is Planning Important
  • The Planning Process
  • Types of Plans
  • Goals or Outcome Statements
  • Formal Organizational Planning in Practice
  • Employees' Responses to Planning
  • Management by Objectives: A Planning and Control Technique
  • The Control- and Involvement-Oriented Approaches to Planning and Controlling
  • Summary of Learning Outcomes
  • Management Skills Application Exercises
  • Managerial Decision Exercises
  • Critical Thinking Case
19

Management of Technology and Innovation

  • Introduction
  • MTI—Its Importance Now and In the Future
  • Developing Technology and Innovation
  • External Sources of Technology and Innovation
  • Internal Sources of Technology and Innovation
  • Management Entrepreneurship Skills for Technology and Innovation
  • Skills Needed for MTI
  • Managing Now for Future Technology and Innovation
  • Summary of Learning Outcomes
  • Management Skills Application Exercises
  • Managerial Decision Exercises
  • Critical Thinking Case

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The 5 key principles of management are planning, organizing, leading, controlling, and decision-making. These form the foundation of how effective managers lead teams, make decisions, and achieve organizational goals.

In this online management course, you’ll explore the basics, including organizational behavior, leadership strategies, decision-making techniques, and how to efficiently plan and manage resources to drive success.

Studying the principles of management helps you understand how organizations work. It gives you practical tools for making decisions, leading teams, and handling complex challenges in any business environment.

This is a self-paced online management training course designed for students and graduates. It combines theoretical knowledge with practical case studies, quizzes, and collaborative projects to ensure you gain both the knowledge and skills necessary to excel.

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