Summary |
This book has been characterized as one dealing with principles. In a sense, it is an attempt to summarize and organize the basic knowledge of management with primary application to the field of business. Principles are used here in the sense of fundamental truths applicable to a given set of circumstances and having value in predicting results. While not often so set forth, the reader can easily recast what is said in the form propositions, if he will keep in mind that doing what is implied in a principle will lead (other things being equal) to a result conducive to the most effective and efficient group performance. These principles, to the extent that they completely and systematically describe a problem area, may be referred to as a theory- a body of related principles dealing systematically with a subject. Even though principles and theory are referred to throughout the book, the reader must not gain the impression that they are impractical. If accurately formulated and properly used, principles and theory must and should be eminently practical. The real test of their validity is in the crucible of practice.
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