Research On Strategic Overall Budget Management

As a scientific management method,overall budget is a powerful tool for enterprises to achieve strategic objectives and internal control.It has developed from the initial planning,organization and coordination to the current integration of control,motivation,evaluation and comprehensive realization of corporate strategy.How to improve the operating efficiency and economic benefits of enterprises through overall budget management has become an important subject in the field of enterprise management.Since the new century,more and more large and medium-sized enterprises system,which has accelerated the healthy development of domestic enterprises and made the management level of domestic enterprises approach to the world's high-quality enterprises.With the deepening of the world economic integration,the hotel industry in China has developed from a single business model to a collectivized business model with capital relations as the bond.At the same time,with the upgrading of competition and the growth of enterprises,the relationship among investors,managers and employees is bound to have more complex changes.How to give full play to the roles of various parties,protect rights and interests,limit power,and make contributions to the strategic objectives of enterprises is an inevitable important issue.Comprehensive budget management is the answer to this question.It can clearly digitize and visualize the responsibilities,powers and interests of all parties,speak for business plans and measure the performance of enterprises.The use of overall budget management,improve the domestic enterprise management control,evaluation,incentive function,however,due to the domestic economic environment is different from abroad,budget management disconnect from strategic targets,enterprises lack of awareness about overall budget from managers to employees for a variety or reasons,it caused the phenomenon of “neglect execution but emphasis on planning” directly,also caused restrictions in efficiency.Therefore,how to give full play to the value of the budget in china and achieve the strategic goals of enterprises has become an urgent problem to be solved.There are many theoretical studies on overall budget management,which is helpful to practice,but there are not enough studies on this subject and talking about hotel management industry,meanwhile,there are not abundant articles on the integration of budget and corporate strategic goals.If the characteristics of the industry and the point of enterprise are all ignored,the role of overall budget management is usually not fully played,which has limited guiding significance for the reality.This article analyzes the application of overall budget management in NX hotel,and after field investigation and research,analyzes the application of overall budget management and the results in this hotel.Then point out the problem in execution concretely.By summarizing and reorganizing overall budget theory,combined with the investigation and analysis,the primary cause has been found out,and finally the feasible ways are put forward to tackling defects,which make for improving the resource allocation and perfect match hotel industry strategically.