The Institute of Management Sciences: Progress Report

The Institute of Management Sciences (TIMS) was formally organized on December 1, 1953. Sixty-three charter members adopted the constitution and by-laws of the society and confirmed the objectives of the Institute: “To identify, extend, and unify scientific knowledge that contributes to the understanding and practice of management.” Of the charter members, approximately one-third are academic people and about two-thirds represent industry and business. All were united in their belief in scientific foundation for the field of management.