Great Is Strategic Management An Art Or Science Explain Pdf

Good management is the backbone of every successful organization.

Is strategic management an art or science explain pdf. Before decide management is an art or science let me explain What is management. Strategy formulation is recognized as both an art and science and the US. Explain why good ethics is good business in strategic management.

The art of managing begins where Science of managing stops to make management complete. Some authors regard management as science because there are well tested and experimented principles of management some authors describe management as an art because more practice is required in management and some authors consider that management is going towards the paths of profession. Management may be understood as an art on account of the following reasons.

Implications for strategic thinking are developed with a distinction being made between strategy and planning mindsets. The two are not mutually exclusive but supplementary. In analyzing strategic management a number of issues confront us about whether it is a science or not.

Describe the benefits of good strategic management. Management is the process of planning organizing coordinating directing and controlling resources such as human beings material time and money to accomplish the organizational mission. Discuss the relevance of Sun Tzus The Art of War to strategic management.

Strategic management is considered an art and a science. A science or an art Management knowledge exhibits characteristics of both art and science. The book was a.

The history is filled with the examples where the strategic management of offensives and counter offensives paved the path for decisive victories. Management is considered as art and science. It deals with the efficient distribution of the supply resources.