Applied Analysis Of The Overall Budget Management In Nanjing Center Hotel

With the rapid development of China's economy and rising living standards,mass tourism has become a new scene which rises recently at home.At the same time,the rise of the tourism industry leads to the rapid development of China's hotel industry.More and more multinational hotels join the competition in the local hotels and the fierce competitive environment has brought tremendous competitive pressures to the local hotel industry.In order not to be eliminated in the fierce competitive environment,the management of company can only continually improve the internal organization and management of the company through effective tools of management,which can improve the management level of enterprise and ensure the ultimate realization of corporate strategic objectives.Comprehensive budget management,as an effective means of internal management,can effectively coordinate and optimize the allocation of economic resources and ultimately reach the purpose to improve their ability of core competitiveness and increase economic efficiency of enterprises.At present,theorists have done many researches on a overall budget management.As for practice,many of them also have a larger guiding significance.However,there are few studies for the hotel industry to implement comprehensive budget management.If you do not consider the characteristics of the industry and enterprise own,just all coping copied over,the role of a comprehensive budget management will not be fully realized in the hotel industry and there is not much practical significance.Based on the analysis of a comprehensive budget management's application in Nanjing Center Hotel,this test analyzes the condition of application and achieved effectiveness of the current overall budget management in the hotel after field research.And it also highlights the Nanjing Center Hotel,as a representative of the hotel industry,exposed the problems in the process of implementing overall budget management including unobvious results of implementing a comprehensive budget management,large deviations of the results of budget preparation and implementation,formality showed in work of daily budget control,low enthusiasm among employees involved in budget management,hysteretic feedback in budget management information and the like.After in-depth investigation,analysis and finding the root cause,the author considered the nature of the industry and the hotel's characteristics.So the author raised a series of practical revised measures based on the successful experience of foreign enterprises' comprehensive budget management,from the aspects of thought and knowledge,preparation methods,process control,methods of evaluation,information integration and the like.Not only can this effectively solve business problems and shortcomings exposed in the practical process of a comprehensive budget management,but also this can better provide some reference value for a overall budget management with the hotel industry in the future.During the course of the study,methods,which includes literature search,field research,case analysis,lessons learned and the like,are mainly used in the research.Now the author obtained the main problems after reading a lot of pertinent literatures about applicable researches of a overall budget management and field research study of Nanjing Center Hotel,which existed in comprehensive management in Nanjing Center Hotel's application,combined comprehensive budget management's cases applied in Nanjing Center Hotel and through personal analysis and summary,.This article is written by the following steps.First,this paper introduces the background and significance of comprehensive budget management's studies,illustrating the implementation of a comprehensive budget management system which can enhance the company's strategic management capabilities.What's more,it also has a positive and beneficial effect on production management and risk aversion.At the same time,it also introduces domestic and foreign literature search as well as research ideas and methods of this article and the basic framework of the paper.Secondly,it introduces the basic theory of comprehensive budget management,specifically addresses its meaning,features,functions,systems and related theoretical basis,which lays a solid theoretical groundwork for the late case started.Again,setting Nanjing Center Hotel for example,it first introduces the Nanjing Center Hotel implementation of a comprehensive budget management's background,followed by the introduction of some key measures taken by Nanjing Center Hotel for implementing a comprehensive budget management,finally introduces the main problem as well as relative problem's main reason exists in Nanjing Center Hotel in the implementation of a comprehensive budget management.Finally,the author of his own perspective on the Nanjing Center Hotel implementation of a comprehensive budget management puts forward his own proposals in the hope that the recommendations will bring certain reference value for the hotel industry for implementing a comprehensive budget management.