Lesson – 3
MANAGEMENT AN ART OR SCIENCE,
PROFESSION
3.0 Objectives :
After completing this chapter, you should be able to know
·
Whether management is an Art or science ?
( a ) Management as an Art .
( b ) Management as a Science.
·
Management as a Science as well as an Art.
·
Management as a Profession .
Structure :
3.1 Introduction
3.2 Management as an Art
3.3 Management as a Science.
3.4 Management as an Inexact or a Social Science.
3.5 Limitations
3.6 Management – A Science as well as an Art
3.7 Management as a Profession.
3.8 Conclusion.
3.9 Summary
3.10 Key words
3.11 Self Assessment Questions
3.12 Reference Books
3.2
Centre for Distance Education
Acharya Nagarjuna University
1
3.1 Introduction :
The controversy with regard to the nature of management as to whether it is an art or
science is very old and has created a lot of confusion. It is necessary to understand the real nature
of management. The learning of art involves its continuous practice while learning of science
involves assimilation of principles. The earlier captains of industry and managers used intvition,
commonsense, hunches and experience in managing organizations. They were brilliant and hard
working but still were not professionally trained managers. This was the main reason of controversy
about the management.
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