CATEGORY

Management, by Gomez-Mejia and Balkin, has a distinctive "people orientation" to the field of management. This approach looks at management through three different perspectives: perspective of a manager, team management, and self- management. The authors focus on managing people because in the 21st century knowledge is the greatest source of competitive advantage and the major basis of valuing firms in the market. Management, 1e, offers a blend of an organizational behavioral approach to management and a functional approach. The authors believe that the traditional functions of management-administering, organizing, controlling, directing, and so on-remain crucial and must be carried out well for a firm to succeed. However, these functions now spread across different levels of the organization and are not the sole responsibility of the firms managers. Managers, teams, and individual employees must all be intimately involved in these various activities for a firm to succeed in increasingly competitive markets.ts.