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Management Science

Management Science: this short article explains Management Science in a practical way. Next to what it is, this article also highlights the theory and bacgroend, and it’s applications. Enjoy reading!

Management Science: this short article explains Management Science in a practical way. Next to what it is, this article also highlights the theory and bacgroend, and it’s applications. Enjoy reading!

What is Management Science?

Management science is a broad, interdisciplinary study of decision making and problem solution within an organisation. The interdisciplinary study has strong ties to economics, engineering, management, business administration and other fields.

Various scientific principles such as mathematical models, algorithms, and statistics are implemented. The objective is to increase and better a company’s capital and to take more precise and rational decisions. Management science helps organisations reach their goals using scientific principles and methods.

Management science can be defined as a problem-solving process used by an interdisciplinary team to develop models that represent simple and complex functional relationships and provide management guidance for decision-making.

Management scientific theory and background

The founder of management science is Frederick Taylor. He is known as the father of scientific management. Taylor developed four management principles; research, standardisation, monitoring, and co-working. He is also the founder of the rational goal model.

Examples of other pioneers when it comes to scientific management are Carl Barth, Henry Gantt, and Hathaway. Gantt contributed to the acknowledgement of work psychology, bonus plans, and the use of charts in production planning. Later, these all birthed the term industrial engineering.

In the years after the second world war, management science was more commonly known as operations research.


The analysis of business and decision-making processes helps organisations identify problems. Additionally, a management science approach helps assist in the following core areas within a company:


Management science is applied in planning because it predicts the results of certain processes. This approach makes it easier to understand future needs, instead of waiting for developments.


Management sciences make it easier to create systems that work efficiently and focus on specific tasks.

Additionally, this also makes it easier to assign resources to the right place.


Because this scientific approach focuses on management, it can boost the way the organisation is run.

It helps individual managers focus on the key elements of leadership and improve their decision-making skills.

This science has a number of advantages that have led various industries to use it in improving both operational and managerial efficiency. Industries in which this approach is applied are medical and political industries, as well as business and public administration.

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The aviation industry has used the approach to develop planning processes for airlines. These systems are indispensable to ensure that the aircraft are used efficiently and that the crew is deployed in the most efficient way. Various information systems from the business world are also the result of scientific management.

Scientific Management Theory and Taylorism

May 22nd, 2024

Scientific Management Theory: this article explains practically Scientific Management theory, also called Taylorism by Frederick Taylor. The principles of scientific management are the underlying factors for successful production and quality management. This article covers the history, definition…

Stafford Beer biography, quotes and books

May 1st, 2024

Stafford Beer (Anthony Stafford Beer: 1926 – 2002), born in London, was a British theorist, consultant, psychologist and professor at Manchester Business School. Stafford Beer is best known for his work in the field of Management Cybernetics and founder of…

Bureaucratic Theory of Management by Max Weber

April 10th, 2024

Bureaucratic Theory: this article explains the bureaucratic theory of the management principles by Max Weber in a practical way. This article highlights the definition of what is bureaucracy, the characteristics, the advantages and disadvantages. After reading you will understand the…

14 Principles of Management by Henri Fayol

April 8th, 2024

14 Principles of Management: this article explains the administrative theory and management theory of 14 Principles of Management, developed by Henri Fayol in a practical way. Every principle is being explained with practical examples, next to the history. After…

Frederick Taylor biography, books and theory

March 19th, 2024

Frederick Taylor (Frederick Winslow Taylor; 1856 – 1915) was an American mechanical engineer who was always looking for efficiency improvements within the production and industrial engineering industry. Frederick Taylor was one of the first management consultants of the United States,…

Henri Fayol biography, books and theory

March 19th, 2024

Henri Fayol (1841 – 1925) was a French coal-mine engineer, director of mines and modern management theoretician. His scientific management theory forms the base for business administration and business management. In the academic world, this is also known as Fayolism.…
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