Benchmarking first-class value creation, the key to the improvement of state-owned assets and state-owned enterprises - "Deepening the Reform of State-owned Assets and State-owned Enterprises and Promoting High-quality Development Series".
Guide the direction of value creation of state-owned enterprises
At the current stage, the reform of state-owned enterprises focuses on improving core competitiveness and enhancing core functions, and plans to promote a new round of deepening and upgrading of state-owned enterprise reform, so as to promote new breakthroughs and new results in reform. The ultimate goal of deepening the reform of state-owned enterprises is to build a world-class enterprise with global competitiveness, maximize the ability to create value, continuously improve the quality of products and services and the efficiency of enterprises, and effectively enhance the competitiveness, innovation, control, influence and anti-risk ability of the state-owned economy, so as to realize the transformation from "bigger" to "stronger" and "better".
Create a world-class and enter the stage of value creation
Three phases
Looking back on the process of promoting the construction of a world-class enterprise, it can be roughly summarized into three stages. Each stage of the reform action is highly consistent with the overall development process and phased goals of state-owned enterprises at that time, and the implementation of special actions has also promoted state-owned enterprises to enter the next stage of reform. On the whole, the goal of building a world-class enterprise is becoming clearer and clearer, the measures are becoming more and more concrete, and the requirements for the reform of state-owned enterprises are becoming more and more stringent.
It has realized the sublimation of value creation from management improvement to value creation
As state-owned central enterprises have made significant progress in creating world-class enterprises, the goals and scope of the action have also changed.
In the stage of "finding the way", the goal of building a world-class enterprise is to "cultivate", the scope is the central enterprises, focusing on promoting some pilot central enterprises to have a world-class level, and to accumulate experience for the creation of world-class enterprises, so that they have the conditions to promote to state-owned enterprises.
In the stage of "building the foundation", the benchmarking subject has been expanded from central enterprises to local state-owned key enterprises, and the benchmarking elements of eight aspects and dozens of core work modules of management improvement have been clearly proposed, and the benchmarking elements are more comprehensive and systematic.
In the stage of "strong capability", it is proposed that value creation is the essential requirement for enterprises to enhance their global competitiveness, and state-owned central enterprises are required to benchmark against world-class enterprises as the starting point, continuously enhance the vitality of value creation of all employees, the whole process, all aspects and all factors, and enhance the value creation ability.
Have a clear action plan and evaluation requirements
In the value creation stage, the "Value Creation Action" document clearly puts forward the action plan, time requirements and action effect evaluation plan, which can be said to be time-tight, heavy tasks and high pressure.
Specifically, January-March 2023 is the research deployment phase, April 2023-December 2024 is the organizational implementation phase, and January-March 2025 is the deepening evaluation phase.
In order to implement and achieve results in benchmarking first-class value creation initiatives, the "Value Creation Action" document clearly sets out the evaluation work arrangements. In the deepening evaluation stage, state-owned central enterprises need to thoroughly summarize the practices and experiences of value creation actions, conduct a comprehensive and in-depth evaluation of the results achieved, and establish and improve a long-term working mechanism to continuously enhance the value creation ability of enterprises.
Source: KPMG
Source: Happy Little Turtle
The original article is from Guangdong Province