Management is the skill of achieving goals with the use of other persons, i.e. the manager is a person that alocates human and material resources and directs operations in the company. The manager must be a leader, have the ability to have critical overview of all the elements in the company, look outside the box and have authority over subordinates in the organization. The topic and object of this final assignment is an analysis of the functions of management with the aim of displaying the importance of each function in achieving the company's goals. In this paper, all the core functions of the management will be analyzed: planing, organizing, human resource, guiding and controlling. The appropriate application of the acquired academies from management of the company will greatly facilitate continued growth and increase the quality of both the company and its products or services. Planing and control is in direct connection because without planning defining qualitative and quantitative objectives of the company it would not be possible to measure the deviations achieved in relation to the planned. The organisation's function deals with the implementation of the CTO's strategy, the breakdown of the overall task and the formation of an adequate organisational structure for their implementation. As the organisation determines the roles, the task of stafing is to assign these roles to the most appropriate for their implementation. Selection, recruitment and training ensure the highest quality of personnel. Leadership as a management phase is aimed at sustaining motivation, and directing human resources towards the pursuit of goals. The proper understanding of functions in management and the consistent implementation of rules and methods of analyzing the increase in probability of reaching the goal is considerably increased. All management functions are oriented towards increasing company revenues. As the company is subject to variable external and internal impacts, it is necessary to adapt the strategies and act proactively to eliminate negative impacts and create a favourable environment for growth and developement.