BNET Business Dictionary
Business Definition for: Management Science
- the application of scientific methods and principles to management decision making and problem solving. Management science encompasses the use of quantitative, mathematical, and statistical techniques. The term can be used to denote scientific management, which has origins in the work of Frederick Winslow Taylor, Henry Gantt, and Frank and Lillian Gilbreth. Management science lies at the opposite end of the spectrum to the human relations school.
Additional Resources
- Technological Innovation, Product Development, And Entrepreneurship In Management Science
- This paper is a review of work published in Management Science on the topics of technological innovation, product development, and entrepreneurship since the inception of the journal in 1954. The publisher intends the paper to serve two goals. First, the authors hope that it will be useful to doctoral students...
- White papers 2004-02-20
- Management Science Says Rock Star Performance Isn't Portable
- The Find: Poaching star performers from rivals is unlikely to yield the hoped-for results. The Source: Management Insights from the July issue of the journal Management Science. The Takeaway: The researchers analyzed the performance of star analysts over a period of nine years to...
- Blog posts 2008-08-01
- UT Dallas Professor's Paper Among Most Influential in 50-Year History of Journal Management Science; Description of 'Bass Model' Makes Publication's 'Top 10' List.
- Byline: University of Texas at Dallas RICHARDSON, Texas, May 3 AScribe Newswire -- Members of the Institute for Operations Research and Management Sciences INFORMS have voted a landmark paper describing a method to predict consumer product sales, written by Professor Frank Bass of The...
- Research articles 2004-05-03
- Wanted: OR/MSers.(operations research)(management science practitioners)(Brief Article)
- Karen S. Holness, a University at Buffalo doctoral candidate, is seeking research participants so she can model how operations research/management science practitioners solve problems that require software solutions and how these solutions are implemented in organizations. "We expect to find that practitioners use...
- Research articles 2005-07-01
- New Best Practice Discovery Revitalizes Operations Research and Management Science States Publisher Valuable Information Ltd
- RICHARDSON, Texas--BUSINESS WIRE--November 17, 1998--A powerful new business optimization technique named ITOP overcomes previous complexities and cost. The waning disciplines of Operations Researchers and Management Science have renewed hope. A WHOLE holistic new breakthrough that is simpler, more reliable, less expensive and global has been published. A brief is...
- Research articles 1998-11-17
- Vietnam's New Collaboration Portal Goes Live on IBM Cloud, Accelerating Universities' Adoption of Service Science
- IBM (NYSE: IBM) announced today that the Vietnam Information for Science and Technology Advance Innovation Portal goes live on an IBM cloud computing infrastructure. The interactive online portal will be used by Vietnamese government institutions and universities to develop education programs for Service Science Management and Engineering SSME, an emerging...
- Research articles 2008-05-09
- Intro To Engineering Management
- Decision-making involves choosing the most appropriate solution to a problem from amongst a large number of solutions. The decision-making process involves identification of the problem, developing and analyzing alternative solutions, choosing and implementing the best solution, and evaluating the decision quality. Management Science involves systematic study and analysis of mathematical...
- Presentations 2003-01-01
- Entrepreneur wrote the book on business technology management.(Doing Business In STAMFORD)(Faisal Hoque)
- Six years ago, veteran entrepreneur Faisal Hoque has a vision: he wanted to bring new management-science theory and apply it to technology so that corporations around the world could maximize the real business value of their technology investments. Six years ago, veteran entrepreneur Faisal...
- Research articles 2005-09-12
- Korean Air Selects PROS Revenue Management; Asian Carrier Incorporates New Revenue Management Technology
- Business Editors/Travel Writers SEOUL, South Korea & HOUSTON--BUSINESS WIRE--Aug. 15, 2001 Korean Air and PROS Revenue Management PROS announced today that Korean Air has contracted with PROS for the latest in revenue optimization technology. PROS is the world's leader in revenue management science and software, and the pioneer...
- Research articles 2001-08-15
- The Landscape of Management: Creating the Context for Understanding Social Complexity
- This paper seeks to establish a model in which complexity can be positioned in the context of other management disciplines, in such a way as to effectively communicate to executives in industry and their equivalents in government the importance of applying complexity thinking. It also seeks to differentiate what is...
- White papers 2005-07-29
- Validity Vs Reliability: Implications for Management
- As the modern economy has evolved, business has increasingly used management science and information technology in an attempt to generate reliability - predictable outcomes on a consistent basis. Examples from recent business history include Enterprise Resource Planning ERP systems, which keep track of corporate data in a single database and...
- White papers 2005-01-07
- The Building Blocks Of Supply Chain Management
- Supply chain management is one of the most complex business disciplines, comprising activities and interactions within and between many of the traditional functional areas of a firm and their channel partners. No longer can a company place its entire focus on its own operations because long-term success is becoming increasingly...
- White papers 2006-10-02
- Enamics Management Services Draws World Leader in Travel Commerce
- STAMFORD, Conn. -- Enamics, the creator of a management science for business technology, announced today that Sabre Holdings, a world leader in travel commerce, has selected Enamics to help them with their business technology management needs. Sabre Holdings has chosen Enamics' Service Track offering, which addresses pivotal pain points for...
- Research articles 2004-12-14
- TV Azteca New Client of PROS Revenue Management; Latin American Television Giant Signals PROS' Entry into Broadcast Industry
- Business Editors HOUSTON--BUSINESS WIRE--Sept. 27, 2000 PROS Revenue Management, the world's leader in revenue management science and the pioneer and dominant provider of revenue management to the airline industry, today announced that, among the several market leaders that have recently signed on as clients, one in particular stands...
- Research articles 2000-09-27
- Project Management: Challenges and Opportunities
- Project Management PM evolved from the days of Gantt charts developed in 1912 to the development and use of CPM and PERT in 1959. These two methods are useful in managing the time dimension assuming the existence of unlimited resources. Shortly thereafter the reality of the limited renewable and nonrenewable...
- White papers 2005-12-14
- Management guru and pulitzer prize winner to be featured at SLA's conference - sla news - Brief Article
- The Special Libraries Association SLA has confirmed that Peter Drucker and Doris Kearns Goodwin will be the featured speakers at SLA's 93rd Annual Conference, June 8-13, 2002 in Los Angeles, California, USA. Known as the father of management science, Drucker is a global management guru whose advice and expertise is...
- Research articles 2001-12-01
- In the Spotlight: Kellogg Center for Biotechnology Management
- When the market speaks, Kellogg School of Management listens. Recruiters began clamoring for a program addressing the commercialization of life sciences -- pharmaceutical, biotech, medical devices and agriculture -- back in 2000, so Kellogg went to work creating the Center for Biotechnology to study innovations in this area and to...
- Blog posts 2008-12-04
- Account Management: Art Or Science?
- From the executive summary: ‘In many companies, the science of account management is neither well understood nor systematically applied. In high-performing companies, on the other hand, the science of account management is the centerpiece of the sales process. The science of account management has four key elements viz. profitability management,...
- White papers 2004-08-02
- Elsevier Science will launch Disaster Management & Response in January. (Related News in Brief).
- Elsevier Science will launch Disaster Management & Response in January, a quarterly journal produced in partnership with the Emergency Nurses Association (Des Plaines, IL). The title will focus on the health care management of issues associated w Elsevier Science will launch Disaster Management & Response in...
- Research articles 2002-12-31
- Is Sales an Art or a Science?
- Is Sales an Art or a Science?RE: Is Sales an Art or a Science?I like both, why, because of the subjective nature of sales. Selling is a people business and for the most part creative in the sense that you have to adapt to an individual/s level of intuition...
- Discussion threads 2008-09-05
