Tuesday, April 30, 2013

How could management be considered a science?

Management can be considered a science because it is a body of knowledge developed systematically utilizing aspects of the scientific method, such as data collection, systematic observation, and experimentation. By approaching management scientifically, managers gain the ability to predict and analyze patterns within their organizations and exercise more control over outcomes.


One way management science processes information scientifically is by gathering data through observation and utilizing mathematical analyses like dynamical systems theory or probability to apply it to management techniques. An example of experimentation related to management is the use of modeling. Management scientists create models on computers based on observed or gathered data, experiment with them, and perform statistical analysis on the results. The use of models allows management scientists to project future data to analyze, and predict the outcomes of changes.

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