SEMINAR ON Management

MANAGEMENT IS A ART
OR SCIENCE

Submitted to
Ms. Azizinder Sekhon

Submitted by
Ankit
Kaushal
16421183
Management
Management is the process
of designing & maintaining
an environment in which
individuals, working
together in groups,
efficiently accomplish
selected aims.
Features of
Management :
Organized activities
Existence of objectives
Relationship among resources
Working with & Through
people
Decision- Making
 The
functions of
management :
Planning
Organizing
Staffing
Leading
controlling
Scientific
management and
principles
scientific management is
concerned with knowing exactly
what you want men to do &
then see in that they do in the
best & cheapest way
Principles
Replacing rule of Thumb with science
Harmony in Group Action
Co-operation
Maximum output
Development of workers
A more equal division of responsibility
between management & workers
Fayols
Administrative
management :
Henry Fayol was a French
mining engineer who turned
a leading industrialist & a
successful manager
Perhaps the real father of
modern operational
management theory is the
French industrialist Henry
Fayol.
 IS
MANAGEMENT
A SCIENCE ?
-UNIVERSALLY ACCEPTED
PRINICIPLE
-EXPERIMENTATION AND
OBSERVATION
-CAUSE AND EFFECT
RELATIONSHIP
-TEST OF VALIDITY AND
PREDICTION
UNIVESALLY ACCEPTANCE
PRINCIPLES
SCIENTIFIC PRINCIPLES CAN BE APPLIED IN
ALL SITUATIONS, AT ALL TIMES AND ALL SIMILARLY MANAGEMENT PRINCIPLE CAN BE
PLACES APLICABLE TO ALL TYPE OF ORGANISATION
EXPERIMENTATION AND
OBSERVATION

SCIENTIFIC PRINCIPLES ARE BASED ON MANAGEMENT PRINCILES HAVE BEEN

RESEARCH, EXPERIMENTATION AND LOGIC DEVELOPED THROUGH EXPERIMENTS AND
PRACTICAL EXPERIENCES eg REMUNERATION
CAUSE AND EFFECT RELATIONSHIP
PRINCIPLES OF SCIENCE RELATES CAUSE
AND EFFECT BETWEEN DIFFERENT
VARIABLES
MANAGEMENT ESTABLISHES RELATION
BETWEEN MANAGERS AND EMPLOYEES
EMPLOYES PAID WELL => MORE EFFICIENT
WORK
TEST OF VALIDITY AND
PREDICTABILITY
THEY STAND THE TEST OF TIME MEANS IT
CAN BE TESTED AT ANY TIME OR ANY No. OF MANAGEMENT PRINCIPLE CAN BE TESTED
TIME FOR THEIR VALIDITY WITH REGARDS TO
CLARITY OF THOUGHT AND DIRECTION
MANAGEMENT IS NOT AN EXACT SCIENCE

MANAGEMENT IS A SOCIAL/BEHAVIOR/FLEXIBLE SCIENCE BECAUSE

-IT DEALS WITH HUMAN BEINGS AND IT IS VERY DIFFICULT TO PREDICT

THEIR BEHAVIOR ACCURATELY

THEORIES AND PRINCIPLES MAY PRODUCE DIFFERENT RESULTS AT

DIFFERENT SITUATIONS AND TIME
 IS
MANAGEMENT
AN ART ?
-PRACTICAL
KNOWLEDGE
-PERSONAL SKILL
-CRETIVITY
-PERFECTION THROUGH
PRACTISE
PRACTICAL KNOWLEDGE
-EVERY ARTS REQUIRE PRACTICAL
KNOWLEDGE, -IT IS IMPORTANT TO KNOW
PRACTICAL APPLICATIONS OF THEORITICAL
PRINCIPLES
SIMPLY OBTAINING A DEGREE IS NOT
ENOUGH, MANAGER SHOULD ALSO KNOW
HOW TO APPLY VARIOUS PRINCIPLES IN REAL
SITUATIONS IN HIS CAPACITY AS A MANAGER
PERSONAL SKILL

ALL THE THEORITICAL BASE MAY BE SAME EVERY MANAGER HAS HIS OWN WAY OF
FOR EVERY ARTIST EACH ONE HAS HIS OWN MANAGING THINGS BASED ON HIS
STYLE AND MODE OF INTERPRATATION KNOWLEDGE EXPERIENCE AND PERSONALITY
CREATIVITY
EVERY ARTIST HAS AN ELEMENT OF
CREATIVITY THAT LETS HIM PRODUCE
SOMETHING THAT HAS NEVER EXISTED
BEFORE
MANAGEMENT IS ALSO CREATIVE IN NATURE
BECAUSE IT COMBINES THE CONCEPT OF
INTELLIGENCE AND IMAGINATION
PERFECTION THROUGH PRACTICE

EVERY ARTIST BECOMES MORE AND MORE LEARNING IS THROUG ART OF TRIAL AND
PROFICIENT THROUGH CONSTANT PRACTICE ERROR INITIALLY BUT THE APPLICATION OF
MANAGEMENT PRINCIPLES OVER THE YEAR
MAKES HIM PERFECT
CONCLUSION

OLD SAYING THAT MANAGER ARE BORN HAS BEEN REJECTED IN THE
FAVOR OF MANAGERS ARE MADE

SCIENCE AND ART NOT MUTUALLY EXCLUSIVE BUT THEY ARE

COMPLEMENTARY TO EACH OTHER

MANAGEMENT IS THE OLDEST OF ART AND YOUNGEST OF SCIENCE

MANAGEMENT AS SCIENCE IS THE ROOT AND MANAGEMENT AS ART IS

THE FRUIT
THE SLOGAN OF MANAGEMENT

HE WHO SERVES BEST ,ALSO

PROFITS MOST
THANK YOU