We have overwhelming evidence that available information plus analysis does not lead to knowledge . The management science team can properly analyse a situation and present recommendations to the manager, but no change occurs. The situation is so familiar to those of us who try to practice management science that I hardly need to describe the cases.
management Science [Journal] also strives to stimulate research in emerging domains created by economic globalization, public policy shifts, technological improvements, and trends in management practice. Its audience includes academics at business and engineering schools and managers open to the application of quantitative methods in business.
Perhaps the most important single characteristic of modern organizational cybernetics is this: That in addition to concern with the deleterious impacts of rigidly-imposed notions of what constitutes the application of good "principles of organization and management" the organization is viewed as a subsystem of a larger system(s), and as comprised itself of functionally interdependent subsystems.
Thomas Davenport proposes a revolutionary new way to look at information management, one that takes into account the total information environment within an organization. Arguing that the information that comes from computer systems may be considerably less valuable to managers than information that flows in from a variety of other sources, the author describes an approach that encompasses the company's entire information environment, the management of which he calls information ecology.
He had the haughtiness of Henry the Eighth, without his spirit; the avarice of Henry the Seventh, without his exactions; the indignities of Charles the First, without his bigotry for his prerogative; the vexations of King William, with as little skill in the management of parties; and the gross gallantry of his father, without his goodnature or his honesty:– he might, perhaps, have been honest, if he had never hated his father, or had ever loved his son.george ii of great britain
In a cruel irony, speculators - rather then elected politicians - are the shots on crisis management. In an absurd logic, those who foster financial turbulence have been invited by the G7 Finance ministers to identify policies which attenuate financial turbulence.michel chossudovsky
We mustn't fear to adopt the advanced management methods applied in capitalist countries (...) The very essence of socialism is the liberation and development of the productive systems (...) Socialism and market economy are not incompatible (...) We should be concerned about right-wing deviations, but most of all, we must be concerned about left-wing deviations.Deng Xiaoping
The term "informatics" was first defined by Saul Gorn of University of Pennsylvania in 1983 (Gorn, 1983) as computer science plus information science used in conjunction with the name of a discipline such as business administration or biology. It denotes an application of computer science and information science to the management and processing of data, information and knowledge in the named discipline.saul gorn
The demagogue is usually sly, a detractor of others, a professor of humility and disinterestedness, a great stickler for equality as respects all above him, a man who acts in corners, and avoids open and manly expositions of his course, calls blackguards gentlemen, and gentlemen folks, appeals to passions and prejudices rather than to reason, and is in all respects, a man of intrigue and deception, of sly cunning and management.james fenimore cooper
Although he reputedly hated the label of ‘guru’, Peter Drucker was, by any standards, the greatest management guru the world has yet seen. In 1996, the McKinsey Quarterly journal described him as the ‘the one guru to whom other gurus kowtow’ and Robert Heller described him as ‘the greatest man in the history of management’, praise indeed for a man who described himself as ‘just an old journalist’.Peter Drucker
The story of Joseph in Egypt and of the seven fat and the seven lean years has passed into the homely wisdom of the ages; but our economic thinking seems to have lost contact with so simple and basic approach to prudent management of a nations welfare.benjamin graham
Nothing in finance is more fatuous and harmful, in our opinion, than the firmly established attitude of common stock investors regarding questions of corporate management. That attitude is summed up in the phrase: "If you don't like the management, sell your stock." [...] The public owners seem to have abdicated all claim to control over the paid superintendents of their propertybenjamin graham
Technical progress and more comfortable living permit the systematic inclusion of libidinal components into the realm of commodity production and exchange. But no matter how controlled the mobilization of instinctual energy may be (it sometimes amounts to a scientific management of libido), no matter how much it may serve as a prop for the status quo it is also gratifying to the managed individuals, just as racing the outboard motor, pushing the power lawn mower, and speeding the automobile are fun.herbert marcuse
Racism has never done this country any good, and it needs to be fought against, not put under new management for different groups.thomas sowell
The memory management on the PowerPC can be used to frighten small children.linus torvalds
Perhaps the most important single characteristic of modern organizational cybernetics is this: That in addition to concern with the deleterious impacts of rigidly-imposed notions of what constitutes the application of good "principles of organization and management" the organization is viewed as a subsystem of a larger system(s), and as comprised itself of functionally interdependent subsystems.Richard F. Ericson
In the last decade most of the large industrialized economies have been shifting from a heavy manufacturing base to an information management base. Along with this shift has been stiff competition resulting from globalization.
The successes of modern control theory in the design of highly accurate space navigation systems have stimulated its use in the theoretical analyses of economic and biological systems. Similarly, the effectiveness of computer simulation techniques in the macroscopic analyses of physical systems has brought into vogue the use of computer-based econometric models for purposes of forecasting, economic planning, arid management.
The subject of management science has evolved for more than 60 years and is now a mature field within the broad category of applied mathematics. This book will emphasize both the applied and mathematical aspects of management science.
Visual modeling is a usage of images in various business-fields (in the industry, science, management etc.). There are additional limitations on these images distinguishing them from arbitrary pictures - they are created from the standard “patterns” having defined semantics and way of usage.
Project management is an approach which has been developed and successfully employed for more than a decade to systematically plan and control efforts which have an identifiable end item, the production of which involves complexity, risk and some sort of a fixed deadline.
Few artists have ever battled so manfully with management or so unheitatingly sassed the press. He was afraid of nobody because his heart was pure.william kapell
Scientific management consists in correct interpretation of phenomena, in exact knowledge of laws, principle and the influence of conditions upon results: and in the skilled use of methods adapted to the almost infinitely varying circumstances of individual cases - Engineering magazine -
In practice, the organization chart is a poor way to describe the happenings in an organization and almost worthless as a way in which to prescribe the actions of managers at the various hierarchical levels. One of the weaknesses is that the organization chart is purely hierarchical; it may defer to conventional management techniques such as matrix management or 'group working' but its only proper point of reference is that of organizational hierarchy. For a complex and changing organization form... the main purpose of the traditional organization chart seems to be to decide who to blame when something goes wrong.
Poor management can increase software costs more rapidly than any other factor. Particularly on large projects, each of the following mismanagement actions has often been responsible for doubling software development costs.
management is the most noble of professions if it’s practiced well. No other occupation offers as many ways to help others learn and grow, take responsibility and be recognized for achievement, and contribute to the success of a team.