5 Steps to Creating a Perfect Balanced Scorecard for Hotel Business Evaluation

BSC is a strategy evaluation model that is used to obtain a holistic view of a particular organization success. This framework is applied all around the world in numerous institutions, and is highly appreciated for its comprehensive design and easy readable results. However, this evaluation system has its cons: if it is designed improperly, it can lead to wrong conclusions and therefore damage the company's productivity. In order to prevent undesired economical consequences we recommend you be careful and diligent in creating your Balanced Scorecard. Below in this article we are going to share the most essential tips on designing this framework on example of a hotel unit.

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