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  • © 2018

Principles of Management

Efficiency and Effectiveness in the Private and Public Sector

  • Explains the principles of management with a focus on concepts of efficiency and effectiveness
  • Includes specific management principles for the non-private sector
  • Offers numerous case studies, learning objectives and exercises

Part of the book series: Springer Texts in Business and Economics (STBE)

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Table of contents (9 chapters)

  1. Front Matter

    Pages i-xv
  2. Understanding Economic Activity

    • Peter Eichhorn, Ian Towers
    Pages 1-33
  3. Economies and Needs

    • Peter Eichhorn, Ian Towers
    Pages 35-62
  4. Individuals and Institutions in the Economy

    • Peter Eichhorn, Ian Towers
    Pages 63-91
  5. A Principle for Action

    • Peter Eichhorn, Ian Towers
    Pages 93-113
  6. Goals, Production Factors and Results

    • Peter Eichhorn, Ian Towers
    Pages 115-155
  7. The Conceptual Basis

    • Peter Eichhorn, Ian Towers
    Pages 157-220
  8. Calculating Economic Efficiency

    • Peter Eichhorn, Ian Towers
    Pages 221-241
  9. Economic Efficiency in Practice

    • Peter Eichhorn, Ian Towers
    Pages 243-262
  10. Managerial Methods

    • Peter Eichhorn, Ian Towers
    Pages 263-312
  11. Back Matter

    Pages 313-366

About this book

This textbook presents an overview of how the activities of an organisation can be managed to satisfy the needs of stakeholders through the cost effective, operationally efficient and sustainable transformation of resources into outputs. Taking an interdisciplinary approach, the authors show the relationship between management and economics and within this framework present the key areas of management activity. The book explains the connections between these areas and provides tools and instruments for successful management. The book's approach and content is relevant for all kinds of organisation - private or public sector, service or manufacturing, non-profit, large or small. Each chapter provides cases to illustrate what has been discussed and some questions to test comprehension. Throughout the book is a continuing project in which the reader is put in the position of owning their own business and must think and make decisions about what the chapter has discussed. The bookcombines Anglo-American and German approaches to management and management studies, making it a valuable resource both for those who are studying management and those who are working as managers.


Authors and Affiliations

  • OPINIO Forschungsinstitut, Mannheim, Germany

    Peter Eichhorn

  • SRH Hochschule Berlin, Berlin, Germany

    Ian Towers

About the authors

Prof. Dr. Dr. h.c. mult. Peter Eichhorn was Professor for Management at several universities in Germany, most recently at the University of Mannheim.  He was President of SRH Hochschule Berlin and is now a member of its University Council. The author of many books and articles, he is the Head of the Academic Advisory Board of OPINIO Research Institute in Mannheim.

Prof. Dr. Ian Towers teaches management and organisation studies at SRH Hochschule Berlin. Before returning to academia, he worked for many years in the telecommunications equipment industry in Europe and North America.

Bibliographic Information

  • Book Title: Principles of Management

  • Book Subtitle: Efficiency and Effectiveness in the Private and Public Sector

  • Authors: Peter Eichhorn, Ian Towers

  • Series Title: Springer Texts in Business and Economics

  • DOI: https://doi.org/10.1007/978-3-319-70902-4

  • Publisher: Springer Cham

  • eBook Packages: Business and Management, Business and Management (R0)

  • Copyright Information: Springer International Publishing AG 2018

  • Hardcover ISBN: 978-3-319-70901-7Published: 30 January 2018

  • Softcover ISBN: 978-3-319-89007-4Published: 04 June 2019

  • eBook ISBN: 978-3-319-70902-4Published: 10 January 2018

  • Series ISSN: 2192-4333

  • Series E-ISSN: 2192-4341

  • Edition Number: 1

  • Number of Pages: XV, 366

  • Number of Illustrations: 84 b/w illustrations, 26 illustrations in colour

  • Topics: Management, Organization, Industrial Organization

Buy it now

Buying options

eBook USD 69.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 89.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 119.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access