Mary Lourdes Bonnici MBA

  Management Functions and Principles: The Key to Organisational Success By Mary Lourdes Bonnici MBA Introduction Every successful organisation depends on effective management. Whether an organisation is a small business, a multinational company, a public institution or a voluntary organisation, its success is shaped by how well its people, finances, information and operational resources are managed. Management provides direction, creates structure and transforms organisational goals into practical results. It brings people together around a shared purpose while ensuring that responsibilities are clearly defined, resources are used responsibly and progress is continuously monitored. The main functions of management—planning, organising, staffing, leading and controlling—provide managers with a systematic framework for achieving organisational objectives. When these functions are supported by sound management principles, organisations become more productive, adaptable, accountable a...