Importance of management in an organization

The success of an organization can be attributed to the way it is managed. Whether you are talking about a small, medium or large establishment, management is so crucial that it should not be overlooked. So what is it about management that makes it so inevitable in the pursuit of success? To answer this question, we have to go back to the drawing board – to the essential functions of management. They are planning, organizing, staffing, directing and controlling.