Wednesday, May 28, 2014

Is Management an art or science?

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A question is often raised as to whether Management is an art or science? This question has been discussed here to explain the nature of Management.

Management is a science:
Science is a systematized body of knowledge pertaining to a particular field of enquiry. Its principles have universal applicability. It contains underlying principles and theories developed through continuous observation, experimentation and research. Likewise principles and theories are now available in every area of management. So management can be described as a science.

Management is an art
Art involves the practical application of personal skills and knowledge to achieve concrete results. Like any other artist, a manager applies his knowledge and skills to coordinate the efforts of his people. So Management is also called as an art.

Conclusion
As Management has both the characteristics of Science and Art, we can conclude that Management is both an Art and a Science.
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