Covid-19 and its Impact on Strategic Management Using the Balance Score Card Method in Bus Companies in Slovakia

Abstract:

The pandemic of Covid-19 has hit more or less every area of the global economy. In the industry of public transport has caused an enormous decrease in passenger mobility that has logically an impact on a functionality of companies operating in the tertiary sector of the national economy. Following this, the main focus of the paper will be given on the importance of strategic management of bus companies operating in Slovakia. Using the Balance Score Card method (BSC method) we will point out the need to monitor four main areas, which link the strategic management with the operation one.

nsdlogo2016