Senior Statistician at Statistic Sierra Leone Sonnia Magba Bu-Buakei Jabbi over the weekend presented a paper on management science at the British Council management express forum, on the topic: ‘the science of making better managerial decisions.’
He defined management science as the methods of science to complex problems arising in the direction and management of large systems of men, machines, materials and money in industry, business, government and defense.
He explained that management science is the discipline of applying advanced analytical method to help make better decisions; he also referred to the subject as a discipline devoted to solving managerial –type problems using quantitative methods.
On the background of the scientific management revolution of the early 1900s he said it was initiated by Frederic W. Taylor who provided the foundation for use of quantities methods in management. He went on to explain that modern management science research is generally considered to have originated during the world war II period ,when teams were formed to deal with strategic and tactical problems faced by the military .
On the management science techniques he specified project scheduling which has to do with strategic planning by managers, scheduling, controlling .he talked on network models which has to do with graphic description of problem consisting of cycles and modes that are interconnected by lines called arcs.
He touched on queuing models and other management techniques such as simulation, decision analysis and many more.
An official of the Standard Chartered Bank Kenneth Gabbidon observed that, the management express forum is a laudable initiative aimed at developing human resource capacity, saying that the bank would continue its corporate social responsibility, hoping that knowledge acquired from the forum would be shared with others to move the country forward.
By Solomon Rogers