Management - An Art (Part 3)

 Management - An Art

1. Innovation.
2. Individual approach.
3. Application and dedication - Mind application and intelligence, discipline, dedication, commitment.
4. Result oriented.
• High productivity.
• Better relation.
• Disciplined work force.
• Good working condition.
• Increase in profit.
• Reduction in Absenteeism.
• Reduction in wastage.
5. Initiative :- Doing right things at right time and right place.
6. Intelligence :- Intelligent people are successful / Successful people are intelligent.
• Mental intelligence.
• Social intelligence.
• Interpersonal intelligence :- Managers work for money and intelligent people like businessman / businesswoman hire managers.
• Emotional intelligence.

Science is systematic body of knowledge which universally accepted.

A. Physical science     B. Social science

Decision taken in management may just be one way of doing thing in the given situation and not the only way of doing things.

Reason of management is a science :-

1. Systematic decision making - Right information from right source at right time.
2. Output may vary the input being the same.
3. Systematic management.
4. Principles of management are universally accepted.

(Part 3)