1. Management is a Science as well as an Art
Present by – Vikash Gupta
PGDM 1st year
Subject - Organization Management
Faculty - Prof. Col. P S Bajaj
Sunstone Eduversity
3. Is Management a Science?
Science is characterized by following main features
Universally Accepted Principles
4. Is Management a Science?
Similarly Management also has some fundament principles
Universally Accepted 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.
6. Is Management a Science?
Management Principals also evolved due to experimentation & succeed
result obtain by manages over there. There this field always evolving.
Experimentation & Observation
Example – It is observed that fair remuneration to personnel helps in creating a
satisfied work force.
7. Is Management a Science?
Cause & effect of Relationship
Example – When Metal are heated they expand.
8. Is Management a Science?
Cause & effect of Relationship
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 increaseing
the productivity of the organization.
Thus, it establish a cause & effect relationship.
9. Is Management a Science?
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, since
management deals with human beings and human behavior,
the outcomes of these experiments are not capable of being
accurately Predicted or replicated, therefore, management can
be called an inexact science.
11. Is Management a Art?
In management there is great scope for
Creativity
Invention Imagination
Initiative
12. Is Management a Art?
Creativity
Creativeness is the important part of Art same as
In management creativeness is required, Skills &
technique describe the art of Management.
13. Is Management a Art?
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.
14. Goal- Oriented
Mangers use various resources like, men, money, material, machinery & methods to
promote growth in an organization .
15. Management activities in which art is applied.
Managers utilize their skills & various
technique to Compete with other
organization
Managers must make only what creates
value.
Managers must reward those who deserve it.
Buy while essential and re-label the rest