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MANAGEMENT:

SCIENCE OR ART

ADMINISTRATION
VS
MANAGEMENT
MANAGEMENT: SCIENCE OR ART
SCIENCE

ART

 Advances by Knowledge  Advances by practice


 Proves  Feels
 Predicts  Guesses
 Defines  Describes
 Measures  Opines
 Impresses  Expresses
Management both science and art:
üA person requires the knowledge of
management principles and also the
skills of how the knowledge can be
utilized.
üManagement uses both scientific
knowledge and art in managing an
organization.
üA balance between the science and art is
needed.
üKnowledge of science must be applied,
that is, art must be present.
ü
ADMINISTRATION VS MANAGEMENT
Top Administration
(Policy Formulation)

Lower Organizational level
Management (Policy Execution)
Functions in organization
Difference Between Administration and Management

 ADMINISTRATION  MANAGEMENT

 Top level  Middle and lower level


 Policy formulation and  Policy execution for objective
objective determination achievement
 Determinative  Executive
 Broad and conceptual  Narrow and operational
 Mostly external  Mostly internal
 Entrepreneurs and owners  Employees

 Administrative
 Technical
Difference Between Administration and Management

 ADMINISTRATION  MANAGEMENT

 Administration is that  Management is an


phase of a business execution function
enterprise that concerns which is primarily
itself with the overall concerned with
 determination of  carrying out broad
institutional objectives policies laid down by
 the policies necessary to the administration.
be followed in 

achieving those
objectives.

Administration: Administration is that phase
of a business enterprise that concerns itself
with the overall determination of institutional
objectives and the policies necessary to be
followed in achieving those objectives.
Management: Management is an execution
function which is primarily concerned with
carrying out broad policies laid down by the
administration.
Importance or Advantages of Management:
 Effective Utilization of Resources
 Development of Resources
 To Incorporate Innovations
 Integrating various Interest Groups
 Stability in the Society
Effective Utilization of Resources:
 Effective utilization of nature scarce
resources like coal, petrol, mines etc.
 Selection of Best alternatives and best
way.
 Contribution of management should be
maximum for the general interests of the
society.
Development of Resources:
 Develops various resources like human as well as
non-human factors.
 Development of people
 Researches for resource development
 Improves the quality of lives of people in the
society.
To Incorporate Innovations:
 Changes need to be incorporated to keep the
organizations alive and efficient.
 High degree of specialization, high level of
competence, and complex technology. All these
require efficient management so that
organizations work in the most efficient way.
INTEGRATING VARIOUS INTEREST GROUPS:
 Changes need to be incorporated to
keep the organizations alive and
efficient.
 High degree of specialization, high level
of competence, and complex technology
require efficient management so that
organizations work in the most efficient
way.

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