sumit has just completed his MBA from IIM - Bombay . he joined his family business . during one of the meetings, he started referring to management books and theories to handle customers and manage competitors .on  this , his father commented "books give overview but its experience and skills which comes handy while managing customers and preparing strategies  to have an edge over competitors ". discuss the above comment and state the nature of management that has been explained .

Here, Sumit's father implied Management as an art. 
 

Management as an Art

Management satisfies the following criteria for it to be called an art.

1. Existing Literature: All art forms such as music, dance presuppose a defined body of knowledge and literature. Similarly, management also has a lot 9of literature for theoretical knowledge and learning. Various theories and principles have been developed in management. Such as Henry Fayol's Principles of Management, Taylor’s Scientific Management Theory. 
2. Dynamic Application: Art is the personalised applicability of the existing knowledge. That is, each individual uses the basic knowledge in his own creative way. For example, every dance form has some basic steps. These steps are used by each dancer using his own creative manner. In a similar manner, managers use the available theories and principles as per the situation in their own unique manner. That is, the managers use their own creativity and imagination for the application of the knowledge of management.
3. Practice and Creativity: Art involves practice and innovation. The artists use the existing literature as per his own creativity and innovation. For example, two writers can describe a given situation based on their unique interpretations. Similarly, in management, a manager applies the theories and principles of management to different situations as per his own creativity and imagination and some times even formulates new ways to address a situation.