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Principles of Business & Management

Principles of Business & Management
Practicing Ethics, Responsibility, Sustainability

Third Edition
Additional resources:

February 2024 | 968 pages | SAGE Publications Ltd
In light of seismic global events including the Covid-19 pandemic; the Black Lives Matter movement; the war in Ukraine; and extreme weather incidents propelled by climate change, there has never been a more important time to learn about management in ways that not only benefit business, but also help confront the world’s challenges, support people and planet, and contribute to peace and prosperity for all.

Fully revised and once again endorsed by the UN’s Principles for Responsible Management Education (PRME) initiative, this popular textbook equips you with the skills to become a responsibly, ethically and sustainably minded business professional.

Featuring two brand-new chapters on Behaving and Digitalizing, over 50 new and updated case studies, pioneer interviews and practitioner profiles, as well as a wide range of exercises and worksheets, the book also integrates the UN’s Sustainable Development Goals (SDGs) to help promote sustainable development as essential to business and management today.

This essential textbook can be used for a wide range of courses from introductory business/management to responsible/sustainable management, business ethics, business and society, and corporate social responsibility (CSR).

Oliver Laasch is a Chaired Professor of Responsible Management at ESCP Business School, and an Adjunct Professor of Social Entrepreneurship at the University of Manchester.
Part A: Basics
Chapter 1: Management in Context
Chapter 2: Management in Practice
Part B: Dimensions
Chapter 3: Ethical Management
Chapter 4: Responsible Management
Chapter 5: Sustainable Management
Part C: Modes of Management
Chapter 6: Organizing
Chapter 7: Behaving
Chapter 8: Folleading
Chapter 9: Deciding
Chapter 10: Communicating
Chapter 11: Digitalizing
Chapter 12: Glocalizing
Chapter 13: Strategizing
Chapter 14: Innovating
Chapter 15: Entrepreneuring
Part D: Management Occupations
Chapter 16: Supply Management
Chapter 17: Operations Management
Chapter 18: Marketing Management
Chapter 19: People Management
Chapter 20: Accounting and Controlling
Chapter 21: Financial Management


Click for online resources

Lecturers can log in to access:

  • Teaching guide providing further support for those using the book in their teaching, including course design information, additional resource suggestions and Case Study Zone teaching notes.
  • PowerPoints consisting of both a core set as well as a separate supplementary set per chapter, which can be downloaded, adapted and combined as needed.
  • A Testbank of multiple-choice questions that can be used to assess students’ progress and are particularly useful for large cohorts.
  • Chapter supplements featuring more in-depth content for those wanting to dig a bit deeper into key topics and concepts.
  • Resource pack enabling the easy upload all of the above resources onto a university online learning platform (e.g. Blackboard, Canvas or Moodle) and customization of content as required.

The practice of management needs to move with the times, and today’s business environment requires managers to take a much broader view of their responsibilities than was necessary in the past. This book provides the first comprehensive guide to this new management agenda – how those in management and leadership positions can contribute to sustainable development and social responsibility. 

Julian Birkinshaw
FBA Professor of Strategy & Entrepreneurship, London Business School, UK

This book is an important and very timely contribution to the broader field of management. It convincingly shows that we have to rethink the very core of management, if we want to ensure its relevance in a society where sustainable business becomes the new normal. Principles of Management will therefore be an indispensable reference work for anyone interested in the future of management education. 

Andreas Rasche
Professor of Business in Society, Copenhagen Business School, Denmark

Another significant piece of work by Oliver Laasch, a warrior for responsible management in practice and education. The book, focusing on all moral and practical aspects of business leadership and management, has nothing less than the potential to create business as a force for good. Rich, engaging and colourful, with numerous examples, interviews, facts and stories, it is a joy to read. This should be on the bookshelf of existing and future business leaders and business management educators. 

Debbie Haski-Leventhal
Professor of Management, Macquarie Business School, Macquarie University, Australia

I am happy to see this management book make a strong case for ethics and social responsibility. Companies are deeply affected by social problems that endanger livelihoods, social cohesion, and human values. Companies need to show that their company cares deeply about people and the planet.

Philip Kotler
S.C. Johnson & Son Distinguished Professor of International Marketing (emeritus), Kellogg School of Management, Northwestern University, USA

Sustainable management strategies are central to the success of our planet, our civilization, and the organizations that will thrive in the 21st century. Oliver Laasch guides the reader, managers and students alike, through the challenges, ethical dilemmas, and strategies that will lead to profound levels of success. We all have much to learn from Oliver Laasch and his perspective. 

Nancy J. Adler
S. Bronfman Professor Emerita in Management, McGill University, Montreal, Canada

An excellent book that adeptly prepares students to become leaders in a new era of business that is shaped by societal grand challenges such as climate change, inequalities and resource scarcity. It enables students to understand the role and responsibilities of managers, and critically informs them how they can manage organizations to make a positive impact in the world. The book offers the latest in scholarly thinking and management approaches that come alive to students through vivid examples, cases and insightful interviews with top scholars and practitioners. 

Steve Kennedy
Associate Professor of Business Sustainability, Rotterdam School of Management, Erasmus University, Netherlands

Principles of Management: Practicing Ethics, Responsibility, Sustainability is a refreshing and welcome text in the field. By positioning Responsible Management as 'business as usual' it centres the profession of management in service of society and the planet. Thus the required knowledge, skills and competences to manage ethically, responsibly and sustainable are fully integrated with those associated with managing people and resources in an organisation. 

Carole Parkes
Professor of Responsible Management & Leadership, University of Winchester, UK

Well structured; straightforward language and explanation of topics; up-to-date information.

Dr Pedro Ferreira
Aveiro University, Aveiro University
June 2, 2024

Sustainability section and integrated reporting very useful.

Mrs Stella Unsworth
Lancashire School of Business and Enterprise, University of Central Lancashire
June 4, 2024

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ISBN: 9781529610819
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