• Nonita Daunytė Šiaulių valstybinė kolegija / Higher Education Institution


Article from presents an analysis of the corporate governance functions and recommendations for their improvement. It analyses the concept of management functions. The literature on management is analysed literature on management functions and their classification. It presents the implementation of management functions a study on the implementation and improvement of management functions in an enterprise, which shows which management functions in an organisation are being implemented well and which require improvement. In the analysis the planning, organisation, motivation and control functions are properly implemented in the company functions. The planning function is implemented correctly due to the right vision, mission, strategic, tactical and operational plans which help to provide the execution of the enterprise's activities, the setting of the necessary objectives and the achievement of those objectives. The organisational function is correctly implemented through a coherent management structure, which clearly identifies the position and roles of employees within the organisation so that employees know their responsibilities and to whom they report, and that customers are aware of the who to contact. The company's motivational measures are also working well, because there is more than one motivational tool, which makes it much easier to encourage everyone employees without knowing their values. The control function is well implemented due to the internal and external control, due to the proper design of operations and behaviour, the financial controls that lead to the exercise of control within the organisation. However, the implementation of management control is not properly implemented in the company function is not properly managed due to the manager's authoritarian management style, which is characterised by a strong centralisation of management, with a concentration of power in one hand without listening to subordinates.