User:Satarupa/Temp/Management- science or art.doc

Management - Science or Art

Management as Science
From the definition we can say features of science are –


 * 1) Science is a systematic approach
 * 2) Science has got universally accepted principles.
 * 3) It establishes relationship between cause & effect.
 * 4) Its results come accurate & effective since its based on well defined proved experiments.

Management as an Art
From the definition we can say features of Art are –


 * 1) Practical knowledge
 * 2) Specialized personal skill
 * 3) Based on experience, attitude & interest
 * 4) Can be improved through practice
 * 5) Creates congenial atmosphere & develop further interest.

Management is both a Science & an Art
From the above all the discussions so far we can come to a view that Management is not only Science or only Art rather a combination of both. Following points can be referred:


 * Management has a separate systematized knowledge. It has a subject matter of it’s own that can be passed through teaching learning process. But it is Multidisciplinary, it has borrowed its subject matter from the various source.


 * Like Science Management also has its own principles which are based on proper observations & conclusions but aren’t scientific.


 * Predictions & verification of results are less accurate in Management compared to Science.