Management is a Science as well as an Art

Present by – Vikash Gupta PGDM 1st year

Subject - Organization ManagementFaculty - Prof. Col. P S Bajaj

Sunstone Eduversity

Is Management a Science?

Science is characterized by following main features

Universally Accepted Principles

Is Management a Science?

Similarly Management also has some fundament principles

Example – The principle of unity of command is One man one boss.

“Unity of Command means getting orders/ command from only one supervisor.”

This principle is applicable for all kind of organization ‘ Business or Non Business.

Universally Accepted Principles

Is Management a Science?

Experimentation & Observation

Is Management a Science?

Management Principals also evolved due to experimentation & succeed result obtain by manages over there. There this field always evolving.

Is Management a Science?

Example – It is observed that fair remuneration to personnel helps in creating asatisfied work force.

Experimentation & Observation

Cause & effect of Relationship

Is Management a Science?

Example – When Metal are heated they expand.

The Same is true for Management.

E.g.

It is a general observation, that when the workforce is treated as well as paid well in form of salary/bonus, it adds to their work efficiency there by increaseingthe productivity of the organization.

Thus, it establish a cause & effect relationship.

Is Management a Science?

Cause & effect of Relationship

Thus, It is observed that principles of science viz.

– Universally accepted principles

– Experimentation & Observation

– Cause & Effect Relationship

Are true in case of Management also. How ever, sincemanagement deals with human beings and human behavior,the outcomes of these experiments are not capable of beingaccurately Predicted or replicated, therefore, management canbe called an inexact science.

Is Management a Science?

Is Management a Art?

In management there is great scope for

Creativity

Imagination Invention

Initiative

Is Management a Art?

Creativeness is the important part of Art same as In management creativeness is required, Skills &

technique describe the art of Management.

Is Management a Art?

Creativity

Personal Skill All the theory may same for every article. Each one has his own style.

Example – There are several actors but Nana patekar know for his style.Similarly manager an art also personalized every manger has his own way to managing thing based on his knowledge ,experience & personality . Which is why some mangers are highly effective while others are not so effective.

Is Management a Art?

Goal- Oriented

Mangers use various resources like, men, money, material, machinery & methods to promote growth in an organization .

Management activities in which art is applied.

Managers must make only what creates value.

Managers utilize their skills & various technique to Compete with other organization

Managers must reward those who deserve it.

Buy while essential and re-label the rest

THANK YOU