International institutions and experts have frequently highlighted Estonia as a transition country that has relatively rapidly and successfully introduced economic reforms and achieved substantial results in the transition process. The following article is written on the basis of four main functions of management. Those are planning, organizing, leading and controlling. In addition change management and management by activities are being handled like marketing-, finance- and personnel management. At the moment, it is complicated to find a thorough research work on all fields of management. Most extensive surveys have been conducted about the international human resources management, CRANET survey 2000 in Estonia and about the organization culture and employees’ attitudes toward an organization change.